Fibre2Fashion releases 'Threads of Bharat' compendium at Bharat Tex

The compendium, developed in association with the Confederation of Indian Textile Industry (CITI), holds immense significance as it encapsulates a comprehensive overview of the current state of the textile industry. It highlights the industry’s achievements, addresses existing challenges, and outlines promising prospects.

“Beyond serving as a testament to the dedication and hard work of individuals and organisations within the sector, the compendium is designed to be an invaluable resource for stakeholders, policymakers, and the public,” says Jose Daniel, executive director of Fibre2Fashion. “Given the paramount importance of the textile industry in our nation's economic landscape, the release of the compendium during Bharat Tex is a pivotal event, as it celebrates industry achievements, and providing insights that can inform strategic decisions for its future.”

The compendium delves into the journey of the Indian textile industry as an economic powerhouse, both domestically and on the global stage. Through analysis of the country’s exports, key trade partners, and EXIM dynamics, it elucidates the industry’s significance.

Moreover, it explores how investments in the sector drive employment generation, making it the second-largest employer in the country. The SWOT analysis of the Indian textile value chain highlights its strengths and areas for improvement, while a dedicated section on the PM-MITRA policy showcases its alignment with Sustainable Development Goals (SDGs) to position India as a global textile leader.

Visit Fibre2Fashion at Hall No. H1F | Booth No. 107

Click here to get e-copy of compendium

ALCHEMPro News Desk (RKS)