India's textile industry, cotton and yarn drive growth.

India's textile industry is experiencing a period of significant growth, driven by government incentives, robust FDI, and increasing global demand. The sector, already a major employer, is poised to become a key player in the global textile market. As per Invest India, the domestic textile market is expected to reach $350 billion by 2030, driven by a CAGR of 10 per cent. Exports are projected to reach $65 billion by FY26. The government's Production Linked Incentive (PLI) scheme has been instrumental in attracting investments and boosting production.

India's competitive manufacturing costs, skilled labor, and focus on technical textiles have made it an attractive destination for global players. The country's emergence as a major manufacturer of personal protective equipment (PPE) further highlights its growing prominence in the textile sector.

With its diverse range of products, from cotton and jute to silk and technical textiles, India is well-positioned to capitalize on the global demand for sustainable and high-quality textiles. As the sector continues to expand, it is expected to contribute even more to India's economy and job creation.