India targets 2.7x textile export jump to $100B by 2030, courting 15 high-income markets
Textiles Minister Giriraj Singh maps a path from $37B to $100B in exports by 2030, anchored on FTAs with the EU and UK and PLI 3.0. 96 firms have committed Rs 13,000 crore under the scheme, against an estimated $50B investment need to scale the Rs 33 lakh crore sector.
What happened
Ministry of Textiles · Textiles Minister Giriraj Singh outlines plan to grow India's textile exports 2.7x to $100B, targeting 15 high-income countries,
Key facts
- $100B export target
- $37B current exports
- Rs 33 lakh crore market size
- $50B investment needed
- PLI Rs 11,000 crore
- 96 firms selected
Why this matters
Scout acquisition targets among the 96 PLI-committed firms and mid-tier exporters to lock in scale before FTA tailwinds compress valuation multiples.