PM Modi fixes Rs 9 lakh crore target for textile exports by 2030. The target represents a three-fold jump from Rs 3 lakh crore at present. PM Modi exhorted the textiles industry to accelerate the annual rate of growth of exports in the sector from the current 7 per cent to 17 per cent. The sector which creates the largest number of jobs in the country has a key role to play in Viksit Bharat, PM Modi said. Over 5,000 exhibitors are showcasing their products at the show which is being attended by 6,000 international buyers. The Bharat Tex expo is the textile industry’s largest and most comprehensive event comprising a mega expo spread across two venues and showcasing the entire textile ecosystem. Over 25 leading global textile bodies and associations across the world are taking part in the global event being held from February 14-17 in the UK. The event is also being held in the US, UAE, Iran, USA, Spain, and the UK, are the countries participating.
