India backs Palestine’s bid for UN membership, Former South Korean President Yoon Suk Yeol sentenced to two years in prison, J&K Court remands three publishers to 10-day police custody over books allegedly glorifying separatists,

Bharat Tex 2026 begins with record global participation

India’s largest global textile event, Bharat Tex 2026, began at Bharat Mandapam in New Delhi. Union Textiles Minister Giriraj Singh on Tuesday inaugurated the event. Addressing the gathering, Giriraj Singh said that Bharat Tex has evolved into a globally recognised platform for trade, investment, innovation and policy dialogue, reflecting the confidence of the global textile industry in India's manufacturing capabilities, policy ecosystem and long-term growth potential.Referring to Prime Minister's 5F Vision from Farm to Fibre to Factory to Fashion to Foreign, he said Bharat Tex has become a powerful platform connecting Indian enterprise with global markets while strengthening India's position across international textile value chains.
Singh informed that  said seven PM MITRA Mega Textile Parks are under development across the country with an anticipated investment of nearly INR 70,000 crore, expected to create over 21 lakh jobs. He added that the PLI Scheme continues to draw investment into man-made fibre, technical textiles and high-value garmenting, and that the SAMARTH scheme has skilled over 5 lakh persons, nearly 88% of them women. Giriraj Singh observed that India's recently concluded Free Trade Agreements, including the India-Australia ECTA, the India-UAE and India-Oman CEPAs, and the India-UK CETA, are opening new opportunities for Indian textile exports by strengthening market access and enabling deeper integration into global supply chains.

The Minister stated that textiles will play a pivotal role in realising the vision of Viksit Bharat @2047, with exports targeted to grow from around USD 37.7 billion today to USD 100 billion by 2030. He underlined Style, Scale, Skill and Sustainability as the guiding pillars for the sector's future growth and reaffirmed the Government's commitment to building globally competitive, technology-driven and environmentally responsible textile value chains.
Organised by the Bharat Tex Trade Federation (BTTF) with the support of the Ministry of Textiles, Bharat Tex 2026 has brought together more than 6,000 buyers from over 130 countries, and over 1.3 lakh trade visitors, spanning more than 1.6 million sq. ft. of exhibition space and featuring over 20,000 textile products, reaffirming India's emergence as a trusted global sourcing destination and a strategic partner in resilient, sustainable and innovation-driven textile value chains.

 

 

 


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

Preparing a bakery for AI integration does not require advanced technical knowledge. It begins with organising essential business information.

Read More

Crime

The CBI has booked seven persons for allegedly colluding to siphon off govt scholarships for MBA students by opening 118 forged bank accounts

Read More

Opinion

As India undergoes one of the most significant demographic transitions in its history, the country's greatest opportunity lies not in the size of its population but in the potential of its young people,UNFPA.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.