With a significant increase in demand anticipated over the coming years, India is poised to take the lead in the global textile market. Industry experts estimate that India’s textile exports would reach a staggering $45 billion by 2025, driven by rising consumer demand in major regions including the US, Europe, and the Middle East. India has a fantastic opportunity to solidify its position as a top supplier in this industry by taking advantage of the growing demand for textiles worldwide.
In response to an increasingly eco-conscious world, the Indian textile industry is taking significant strides toward sustainability. As consumers become more aware of environmental issues, manufacturers are adopting eco-friendly practices that prioritize sustainability. Starting 2025, we anticipate that sustainable textiles, organic fibres, and environmentally friendly dyes will not only be niche products but standard offerings in the market. The emergence of sustainable brands and the increasing demand for eco-conscious products are driving Indian manufacturers to integrate green technologies into their production processes.
Recently, the Government of Gujarat announced the Gujarat Textile Policy 2024, a forward-thinking initiative designed to enhance Gujarat’s standing within the global textile value chain. This policy not only aims to attract international investment but also fosters innovation and sustainability in domestic textile production.
As a key player in this dynamic industry, Vishal Fabric Limited recognizes the vast potential that lies ahead as the government introduces various supportive measures, including credit-linked incentives, power subsidies, and payroll assistance. We are enthusiastic about the future and are committed to expanding our range of sustainable products in the coming year. This commitment positions us at the forefront of not only meeting consumer demands but also contributing to a greener planet.” quotes Vinay Thadani, CEO at Vishal Fabrics Limited.