India’s overall exports of textiles & apparel surged past $37.75 billion in 2024-25, which represented a 5 per cent increase over the corresponding figure of 35.87 billion for the previous financial year; the Parliament was informed recently.
The government is implementing several schemes to enhance investments, generate employment opportunities and boost exports in the textile sector, Minister of State for Textiles Pabitra Margherita said in a written reply in the Rajya Sabha.
It has approved seven sites for the setting up of PM MITRA Parks, one each in Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh.
Infrastructure works worth Rs 1,197.33 crore for providing external infrastructure till the Park gates have been started by various State Governments, and an expenditure of Rs 291.61 cr has been incurred so far, the Minister said.
Under these schemes, financial assistance is provided to eligible handloom agencies and workers for raw materials, procurement of upgraded looms & accessories, solar lighting units, construction of worksheds, product diversification & design innovation, technical and common infrastructure, marketing of handloom products in domestic/overseas markets, concessional loans under weavers’ MUDRA scheme and social security, the Minister said.
India’s overall exports of textiles & apparel surged past $37.75 billion in 2024-25, which represented a 5 per cent increase over the corresponding figure of 35.87 billion for the previous financial year; the Parliament was informed recently.
