Textile sector: India needs to grab the opportunity amid tariff turmoil

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Textile sector: India needs to grab the opportunity amid tariff turmoil - Business Standard

Quick Summary:

India’s share of MMF textile is diametrically opposite to the world ratio ie., approximately 70 per cent cotton and 30 per cent MMF.

For India, it is time to quickly wake up, put the house in order and make the most of the opportunity to reclaim the grounds which we have been losing over the last 15-20 years as one of the market leaders in textiles.

This is the opportune time to resurrect the Indian textile industry as one of our biggest manufacturing industries, employing the largest number of people.