India’s Textile and Apparel Industry

Syllabus: Textile Industry Source:  IE Context: A recent analysis highlighted India’s stagnant global apparel trade share (3%), stressing the urgent need for policy innovation to achieve the $40 billion export target by 2030. About India’s Textile and Apparel Industry: Sector Overview: A heritage industry employing over 45 million, contributing 2.3% to GDP, and 12% of …