ENA Global 2025-10-29 17:34:48 <p><span style="font-size:14px"><strong>New Delhi, Oct 29 (KNN)</strong> India is preparing a comprehensive roadmap to make its textile sector more competitive globally and regain its lost edge from rivals like Bangladesh, Vietnam, and China. </span></p> <p><span style="font-size:14px">The Ministry of Textiles aims to increase exports from $40 billion to $100 billion by 2030 through targeted reforms and innovation.</span></p> <p><span style="font-size:14px">The governments plan will unfold in three stages &mdash; short-term (up to 2 years), medium-term (around 5 years), and long-term beyond that. </span></p> <p><span style="font-size:14px">The strategy focuses on reducing costs across multiple fronts, including raw materials, labour, taxation, energy, logistics, and regulatory compliance. </span></p> <p><span style="font-size:14px">It will also address manufacturing inefficiencies that make Indian textiles costlier than those of regional competitors.</span></p> <p><span style="font-size:14px">Although India is one of the worlds largest textile producers, it faces challenges such as high logistics and power costs, rigid labour laws, and lower productivity levels&mdash;20 40% below Bangladesh and Vietnam. </span></p> <p><span style="font-size:14px">Bangladesh benefits from lower wages and duty-free access to key markets, while Vietnam enjoys smoother trade pacts and more flexible labour frameworks.</span></p> <p><span style="font-size:14px">To address these gaps, the Textile Ministry plans to promote research and development (R&amp;D) in smart textiles, sustainable fibres, digital traceability, and advanced manufacturing. </span></p> <p><span style="font-size:14px">A dedicated committee has been formed to support innovation, design, branding, and start-up participation in the industry.</span></p> <p><span style="font-size:14px">Experts believe that simplifying labour regulations, reviewing certain quality control orders, and signing free trade agreements with Europe could give Indian textiles a decisive boost. </span></p> <p><span style="font-size:14px">The urgency is evident &mdash; textile and apparel exports grew just 0.39% year-on-year in the first half of FY26. With global buyers shifting toward sustainable sourcing, Indias renewed push aims to secure a stronger position in the international textile market.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 43924 https://knnindia.co.in/news/newsdetails/global/india-plans-100-billion-textile-export-push-to-regain-edge-over-bangladesh-and-china-by-2030 2025-10-29 17:34:48 knnindia.co.in