February 19 , 2025
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- India aims for a threefold increase in its textile exports to ₹9 lakh crore by 2030.
- The target can be achieved even earlier with the vision of “Five Fs” and new $7.5 billion worth of global opportunities in recycling of textile waste.
- The Five Fs consists of - farm, fiber, fabric, fashion, and foreign.
- India’s textile exports have now reached ₹3 lakh crore, earning the world’s sixth largest textile exporter’s tag.
- Textiles and apparel industry contributes 2.3% to country’s GDP, and 13% to industrial production and 12% to exports.
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