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Indian textile sector can reach USD 300 bn, create 50 mn jobs by 2025

Related Keywords: create dditional fifty million jobs, fabric and yarn sourcing, get USD one hundred fifty billion in foreign exchange annually, Indian textile and apparel sector, industry is shifting its base away from China, made-ups and textile industry, over next ten years, spur apparel, study commissioned by CII, triple in size

The Indian textile and apparel sector can triple in size over the next 10 years, get USD 150 billion in foreign exchange annually, and create an additional 50 million jobs by 2025 of which 35-40 million will be women employees, as per study commissioned by CII to the Boston Consulting Group (BCG).

The study estimated that if the industry achieves breakout growth, it will spur the apparel, made-ups and textile industry to reach USD 300 billion by 2025.

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