Technical textile is considered to a sunrise sector offering immense growth potential for Indian companies.
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An unanticipated outcome of COVID-19 has been India becoming an alternative to China for buyers worldwide in the global textile supply chain. But can India take the lead and seize the opportunity?
India’s Top 50 Textile Companies
The pandemic has clearly taught us to consume consciously. At present productivity and enhanced manufacturing is the goal for all industries. The manufacturing industry gives rise to lots of direct and indirect opportunities.
Inspite of blessed with a complete supply chain – from raw material to fibre to yarn to fabric – India has not been able to cash in on the opportunity created with China vacating some segments in the global textile market.
Ministry of Textiles is contemplating a New Textile Policy. At present, New Textile Policy has not been finalised and it is at draft stage.
The Indian Textile Journal hosted “Textile Business E-Conference†on 17th February 2021 with an aim to provide a platform to all stakeholders to exchange ideas, collaborate and draw the roadmap for the future.