Read article about As the general elections in India draw to a close (with five of the seven phases over), the spotlight is shifting on the incoming government and its expected policies to bolster the textile and fashion sector, a major employment generator. With no dramatic shifts in leadership anticipated, stakeholders are hopeful of sustained, if not enhanced, support for this important industry. and more articles about Textile industary at Fibre2Fashion
India is the world s third-largest exporter of textiles and apparel with a 4.6% share of global trade, and ranks among the top five exporters in several textile categories
After 7 yrs, ₹49-cr mega silk cluster gets a relook. The Sri Chamundeshwari Mega Silk Cluster will be developed on a 10 acre plot near Belavadi on Mysuru outskirts. The project aims at giving a fillip to sericulture and creating employment opportunities.
Indian government has raised the budget allocation by 27.60 per cent to ₹4,392.85 crore for FY25, with a significant focus on the textile sector.
Research and capacity building.