AEPC seeks Taiwan tie-ups to build India's man-made fibre base, eyes $100B exports by 2030
Apparel Export Promotion Council chairman Sakthivel pitched joint ventures with Taiwan to develop MMF capacity, alongside a technology upgradation fund and worker hostels in textile clusters. The ask aligns with Vision 2030's $350B textile ecosystem and $100B export targets, leveraging a sector that employs 50M and ships to 190+ countries.
What happened
AEPC chairman Sakthivel urged joint ventures with Taiwan to build India's man-made fibre ecosystem, proposed a technology upgradation fund and worker hostels in
Key facts
- $350 billion textile ecosystem by 2030
- $100 billion exports by 2030
- 2.3% of GDP
- 10% of manufacturing output
- 50 million employed
- 190+ export countries
Why this matters
Scout Taiwanese MMF technology partners now for JV structures, as early movers will capture the TUF subsidy window and preferred-supplier status in Vision 2030 clusters.