India’s Textile Industry: 2024 at a Glance
1. India’s textile industry
India’s textile industry, with companies adopting eco-friendly practices and circular economy models. Organic cotton demand is surging at 20-25% annually with renowned global brands incorporating sustainable fibres into their offerings.
2. Digital transformation & innovation
The sector is embracing digital disruption. Digital textile printing is considerably altering production with precision and sustainability, while AI and automation enhance quality control and operational efficiency. Leading brands are capitalizing on these innovations alongside expanding their presence on e-commerce platforms to better engage consumers.
3. Surge in technical textiles
The demand for technical textiles is escalating, driven by applications across healthcare, automotive, and infrastructure. Industry leaders are advancing engineered fabric solutions like hydrophobic cotton and antimicrobial fabrics, focusing on high-performance textiles that meet evolving industrial needs.
4. Government initiatives & infrastructure support
Government schemes such as the Textile Upgradation Fund Scheme (TUFS), ‘Make in India’ and ‘Kasturi Cotton’ are modernizing the sector, attracting foreign investment, and improving infrastructure. Textile parks are enhancing production efficiency, bolstering India’s position as a global manufacturing hub.
The Indian textile industry shall continue to evolve, as it stands on the cusp of a dynamic future driven by innovation, sustainability, and strategic policy support. With these transformative shifts, the sector is well-equipped to thrive on the global stage in the years to come.
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