India’s textile boost: Ministry drafts plan to regain edge over Bangladesh, China; targets $100 bn exports by 2030

India is launching a multi-phase plan to slash textile production and export costs, aiming to reclaim its global price competitiveness against rivals like Bangladesh and Vietnam. The initiative will scrutinize raw materials, labor, taxes, and compliance to boost exports from $40 billion to $100 billion by 2030, despite recent slow growth.

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