Textile MSMEs in India: Leading the way to create more jobs and employment opportunities
Textile MSMEs in India: Leading the way to create more jobs and employment opportunities

Textile MSMEs in India: Leading the way to create more jobs and employment opportunities

Authored by Anurag Singh Khangarot, Co-Founder, Aachho 

Expert Speak Article rating: 5.0

MSME sector has been a key contributor to the country’s GDP. Even during the pandemic times, it showed tremendous resilience, helping the economy recover faster from the lockdown market dip. One of the key sectors that have outshone others and registered tremendous growth is the textile & apparel (T&A) MSMEs. 

Reaching 100-billion dollar textile exports goal: What will it take to get there?
Reaching 100-billion dollar textile exports goal: What will it take to get there?

Reaching 100-billion dollar textile exports goal: What will it take to get there?

The tremendous growth potential of the industry may be the reason behind the Government of India's announcement of the ambitious goal of increasing its textile exports to USD 100 billion in the next five years.

Expert Speak Article rating: 5.0

India has always been known for its delicate fabrics, beautiful designs, and traditional textiles. The Indian textile & apparel industry is flourishing and the industry’s growth rate has increased multi-fold in the past few years. In fact, it is one of the few industries that recovered faster and recorded remarkable growth even during the pandemic. Textile exports alone were worth US$ 1.19 billion as of December 2020. 

DSIJ MINDSHARE

Mkt Commentary8-Aug, 2022

Multibaggers9-Aug, 2022

Mindshare9-Aug, 2022

Multibaggers8-Aug, 2022

Mindshare8-Aug, 2022

ads

Knowledge