The Indian textile industry is gearing up for significant growth in 2025, driven by government initiatives, technological advancements, and a focus on sustainability. However, rising costs and global competition pose challenges.
Experts highlight that schemes like PM MITRA Parks and the Production Linked Incentive (PLI) scheme could be game-changers if implemented effectively. Automation and AI make production more efficient, but many smaller players struggle to afford these upgrades. Sustainability is another buzzword, with a growing global demand for responsibly-made fabrics.
Despite these challenges, there’s optimism in the textile industry about premium apparel and digital retail as key growth areas. India’s deep-rooted tradition in craftsmanship keeps it competitive in high-end markets.