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Saturday, March 7, 2026
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As of 2023, the Indian textile and apparel industry makes significant contributions to various aspects of the economy. It contributes 4% to global trade in textiles and apparel, making it a crucial player in the international market. In terms of GDP, it accounts for approximately 2%, which amounts to around $70 billion. Additionally, the industry's output represents 7% of the total industry value.
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PM Mitra, PLI And FTAs: Saviour For Ailing Indian Textile Industry?...

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Yuvaraj MandalNote: Although textiles and apparels are conceptually different, as textiles are the intermediate products used in the making of final goods (apparel/clothing), due...

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