New Delhi: India’s textile industry is expected to grow to $350 billion by 2030 and add 3.5 crore jobs, textiles minister Giriraj Singh said Wednesday.
At the Curtain Raiser event of ‘Bharat Tex 2025’, he said that Indian demographic dividend will aid India’s growth ahead of China.
Singh urged the Indians companies to ask their foreign buyers to participate in the event which is scheduled to be held from February 14-17, 2025.
“We have scope to add more exhibitors, looking at the global market size. Last time it was 3,500 exhibitors and now it is 5,000,” Singh said.
The event will be held simultaneously at Bharat Mandapam, and India Expo Centre and Mart, Greater Noida.
While the main event will be held from February 14-17, 2025 at the Bharat Mandapam and would
cover the entire value chain of textiles, exhibitions pertaining to handicrafts, garment machinery, ethnic apparel would be exhibited from February 12-15, 2025 at the India Expo Centre and Mart, Greater Noida.
“We also need to bring FDI. We must ensure that India is recognised by its ‘Bharat’ brand and green sustainable textile products at the world stage,” he said.
Spanning 200,000 square meters, the event will host over 5,000 exhibitors, 6,000 international buyers from over 110 countries and over 1, 20,000 visitors are expected to participate in this year’s event. Around 100 international speakers are also going to participate in the event.
“The aim of Bharat Tex is to make India a global sourcing and position it as an investment destination so as to attract FDI and domestic investment and that international brands source from here,” said textiles secretary Rachna Shah.
The Bharat Tex exhibition will feature Apparel, Home Furnishings, Floor Coverings, Fibres, Yarns, Threads, Fabrics, Carpets, Silk, Textiles based Handicrafts, Technical Textiles and many more. It will also have a retail High Street focusing on India’s fashion retail market opportunities.
