Browsing: Indian textile industry

PM Mega Integrated Textile Region and Apparel (PM MITRA) scheme is expected to bring fresh capital investment of $ 5.5-6.0 billion and in turn create export opportunities of around $ 4.5-5.0 billion per annum for textile products once the scheme is fully implemented, says a CARE Ratings report.

While advanced technology, digital systems and automated processes offer benefits in productivity and efficiency of the factory, they are also effective in the sustainability initiatives. Going forward, the faster manufacturers adopt to technology and digitalization, the better they will be able to perform and align with the global trends, says B Prakash.