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Govt aims to increase India’s textile market size to Rs 33 lakh crore by 2030-31: Giriraj Singh
Jun-12-2026

Union Textiles Minister Giriraj Singh has said that the government is targeting to increase size of India’s textile market, including domestic as well as exports, from around Rs 16 lakh crore at present to Rs 33 lakh crore by 2030-31. While outlining the textile ministry's initiatives and achievements during the current Narendra Modi-led government's tenure, he said efforts are underway to increase the annual income of handloom weavers to Rs 5 lakh annually by providing them training, raw material, design technology, and market access. 

He stated ‘We have 29 Weaving Service Centres in the handloom sector... Starting from North East's Guwahati, this model has been established in six states wherein our aim is to skill and upskill them and after training, give them the required raw material, design and technology, along with a market for clothing. Through this, our target is to increase the income of every weaver to Rs 5 lakh (annually).’

He highlighted that the number of people formally working in the textile sector rose from 2.8 crore in 2014 to 5.3 crore in 2024-25. Besides, He noted that India imported 46.10 lakh stitching machines for the garment sector during the 10 years of the Congress-led UPA government, whereas during the Narendra Modi-led government tenure till 2024-25, more than 2.87 crore machines were imported, which implies an increase in employment during the period as they are used by workers.


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