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Indian textile industry has potential to surpass $ 350 bn turnover by 2025

Related Keywords: Confederation of Indian Textile Industry, diversify to new product categories, fabric and apparel exports, man made fibre industry, scale up production facilities, Texfair

Confederation of Indian Textile Industry Chairman Prem Malik at the inauguration of Texfair, an international textile machinery, Spares and Accessories Expo which began in Coimbatore on January 9, emphasized on the potential of Man Made Fibres Industry.

According to CITI the Indian textile industry has the potential to cross a turnover of $ 350 billion by 2025 if it diversifies to new product categories like Man Made Fibres (MMF),

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