India aims to achieve $100 billion in textile and apparel exports by 2030, focusing on enhancing capabilities rather than just expanding manufacturing capacity, according to a new industry blueprint released on Thursday. The report highlights the need for the sector to prioritize sustainability, product innovation, digitalization, and supply-chain transparency to meet this ambitious target, as stated by the Clothing Manufacturers Association of India (CMAI) and reported by livemint.com.
The blueprint emphasizes a strategic shift from competing primarily on low-cost manufacturing to building enterprise capabilities that can drive growth. It calls for investments in sustainable practices and digital technologies to improve efficiency and transparency across the supply chain. Industry stakeholders and policymakers are encouraged to collaborate on strengthening these areas to position India as a global leader in textiles and apparel exports, according to the report on livemint.com.
This approach reflects broader trends in the global textile market, where sustainability and innovation are becoming key differentiators. India's textile sector, one of the largest globally, faces competition from countries focusing on advanced manufacturing and eco-friendly products. The blueprint’s recommendations align with efforts seen in other major textile-exporting nations, aiming to capture higher value and meet evolving consumer demands, as detailed by livemint.com.
The CMAI report underscores that the next phase of export growth will rely on capability enhancement rather than capacity expansion. The industry’s progress toward the $100 billion export goal will be measurable through increased adoption of sustainable practices and digital tools, with key performance indicators expected to be tracked by 2030, according to livemint.com.