Shifting away from a single, centralized ‘international market hub,’ the Textile Ministry is prioritizing a comprehensive 40-country market diversification strategy.

This decision is rooted in the belief that a decentralized, targeted approach across high-potential global destinations will be more effective in accelerating the country’s textile and apparel exports, which currently stand at approximately $40 billion, toward the ambitious target of $100 billion by 2030.

The finalization of 15 Free Trade Agreements (FTAs), including the recent India-UK CETA, aims to drastically reduce tariff barriers and simplify procedures, making Indian exports immediately more competitive. This new approach complements the ongoing development of the seven PM MITRA Parks, which are creating world-class, integrated production ecosystems from spinning to garmenting, providing a modern, plug-and-play base for manufacturers. Confirming this focus, Pabitra Margherita, Minister of State for Textiles, highlighted, schemes like RoSCTL and RoDTEP continue to provide vital rebates on embedded taxes, benefiting over 15,000 exporters in FY 2024–25.

The new roadmap is a direct response to the urgent need to close the cost and productivity gap with regional rivals like Bangladesh and Vietnam. By signing FTAs and adopting a diversified market strategy, India seeks to attract major global brands currently looking to diversify their supply chains.

A flagship initiative of the Government of India, the PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme was approved with an outlay of Rs 4,445 crore. It aims to establish seven world-class integrated textile parks across the country to create a 'Farm to Foreign' value chain, offering a reduction in logistics costs and improved competitiveness. The parks will provide plug-and-play infrastructure and common facilities, focusing on Man-Made Fibers (MMF), technical textiles, and boosting employment in the sector.