Target to reach $465 billion market through FTA: Giriraj Singh

India’s textile sector should scale up production to take advantage of the $465 billion market access created through free trade agreements (FTAs), Union Textiles Minister Giriraj Singh said. He urged the industry to aim for $200 billion in textile exports by expanding its global presence and improving competitiveness.

Speaking at the launch of Bharat Tex 2026, Singh emphasised the need for the industry to extend its export cycle. Currently active for around four months in global markets, the sector should work towards sustaining exports for eight months and eventually building a year-round, 12-month export cycle.

Textiles Secretary Neelam Shami Rao said the government will organise roadshows both in India and abroad to attract global buyers. She encouraged the industry to diversify into new markets and products while showcasing the strength and quality of Indian textiles.

Rohit Kansal, Additional Secretary in the Ministry of Textiles, said Bharat Tex 2026 aims to integrate the entire textile value chain. The event will feature a large global exhibition, policy dialogues with more than 50 core sessions and 100 additional discussions, and extensive B2B meetings with international buyers.

Singh also stressed the importance of building a complete domestic supply chain for the textile industry. He called for a 24×7 engagement system with global buyers and urged greater domestic manufacturing of sewing machines, noting a sharp rise in their imports in the past decade.

The third edition of Bharat Tex will be held from July 14 at Bharat Mandapam in New Delhi. The event is expected to host over 3,500 exhibitors, more than 7,000 international buyers from over 140 countries, and around 1,30,000 trade visitors, showcasing the entire textile ecosystem from fibres and yarns to garments, technical textiles, and sustainable innovations.

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