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Bharat Tex 2025 For Textile Industry

Last updated on February 25th, 2025 Posted on February 19, 2025 by NEXT IAS Current Affairs Team  974

Syllabus: GS3/ Economy

Context

  • Bharat Tex 2025, India’s largest global textile event, took place in New Delhi, highlighting the country’s textile innovations and international trade opportunities.

About

  • Bharat Tex 2025 served as a platform to accelerate the government’s “Farm to Fibre, Fabric, Fashion, and Foreign Markets” vision. 
  • The event featured over 5,000 exhibitors and more than 1,20,000 trade visitors, from 120+ countries including global CEOs, policymakers, and industry leaders, attended the event.

India’s Textile Industry

  • India is the sixth-largest exporter of textiles globally, contributing 8.21% to the country’s total exports in 2023-24.
  • The sector holds a 4.5% share in global trade, with the United States and European Union accounting for 47% of India’s textile and apparel exports.
  • The industry provides direct employment to over 45 million people.
Indias Textile Industry

Supportive Policy Framework

  • Prime Minister Mega Integrated Textile Region and Apparel (PM MITRA) Parks Scheme: 7 mega textile parks with an expected investment of USD 10 Bn are being set up with world class infrastructure, plug and play facilities and an integrated ecosystem.
  • Production Linked Incentive (PLI) Scheme with approved incentives of INR 10,683 crore to promote production of Man-made fibers (MMF) Apparel, MMF Fabrics and Products of Technical Textiles.
  • Samarth: The scheme is a demand-driven and placement-oriented program to build Capacity, address skill gaps in the textile value chain.
  • National Handloom Development Programme (NHDP):  Financial and market support for handloom weavers.
  • Raw Material Support: Promotion of cotton, jute, silk, and wool to improve quality and yield.

Challenges Facing India’s Textile Industry

  • High Raw Material Costs: Fluctuating cotton, jute, and synthetic fiber prices.
  • Outdated Technology: Low adoption of automation and modern machinery.
  • Global Competition: Strong competition from China, Vietnam and Bangladesh.
  • Environmental Regulations: Compliance with sustainability norms and pollution control.
  • Skilled Labor Shortage: Workforce needs upskilling to meet industry demands.
  • Supply Chain Issues: Logistics inefficiencies and export-import bottlenecks.
  • Limited Market Access: Trade barriers, high tariffs, and FTA limitations.

Way Ahead

  • Technology Upgradation: Invest in automation and modern machinery.
  • Sustainable Practices: Promote eco-friendly production and waste management.
  • Skill Development: Strengthen workforce training through Samarth and other initiatives.
  • Global Market Expansion: Leverage FTAs and improve export competitiveness.
  • Raw Material Security: Enhance cotton, jute, silk, and wool production.

Source: PIB

 
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