Softgoods Business & MarketsTKT-4101

India Targets $350bn Textile Industry Output by 2030

India's textile sector aims for USD 350 billion in business by 2030, Apparel Views reports, with implications for buyers diversifying sourcing away from China.

Cut
September 27, 2026
Sew
2 min
Ticket
TKT-4101
Indian textile industry is poised to achieve the target of USD 350 billion by 2030 - Apparel Views
Indian textile industry is poised to achieve the target of USD 350 billion by 2030 - Apparel ViewsAI-generated

Construction

  1. India's textile industry targets USD 350 billion in total business by 2030

  2. The figure combines domestic and export business, with no breakdown provided

  3. Apparel Views framed the target as achievable, not as a forecast of confirmed orders

India's textile sector is on track to reach a business volume of USD 350 billion by 2030, according to a report published by Apparel Views.

The figure represents the combined target for the industry's domestic and export business and stands as one of the most ambitious quantitative goals set for the sector in recent years. India's textile and apparel industry currently ranks among the largest in the world by production capacity and workforce, supplying fibre, yarn, fabric and finished garments across multiple sourcing tiers.

For buyers sourcing from India, the target signals an expectation of expanded capacity and output across the supply chain over the remainder of the decade. India has positioned itself as an alternative sourcing destination to China and Bangladesh, with competitors such as Vietnam and Turkey also courting the same order volumes. Whether the USD 350 billion goal is met will depend on investment levels in spinning, weaving, processing and garmenting capacity, along with trade policy conditions in key export markets.

The target arrives as global apparel buyers continue to diversify their supplier bases following supply chain disruption and shifting tariff regimes. India's strengths in cotton-based production and its large integrated manufacturing base support the case for order growth, but buyers weigh factors including lead times, compliance standards and price competitiveness when allocating volumes.

Apparel Views, the trade publication that reported the target, presents the USD 350 billion figure as a goal the industry is positioned to achieve rather than a forecast of confirmed orders. No breakdown of the target between domestic market sales and export earnings was specified in the report, nor did it identify which industry body or government department set the benchmark.

For sourcing directors and compliance teams, the news frames a straightforward decision: if India scales capacity toward the 2030 target, buyer-supplier relationships with Indian mills and garment factories become more strategically significant, and auditing and traceability programmes will need to keep pace with any rapid expansion of approved supplier lists.

via Google News: Textile industry (Source)

Share this article:

More from James Calloway

James Calloway

Show full bio

Market editor covering industry trends and analytics at Softgoods Report.

94 articles