Can Indian textile inc fulfill its export target?

The Indian government is currently anticipating the implementation of PLI 2.0 in the textile industry. The Centre hopes that PLI 2.0 will enable the sector to compete on a global scale with top exporting countries such as China and Vietnam. However, given the textile sector’s export target, the industry has its own limitations, according to Updeep Singh Chatrath, CEO & President—Sutlej Textiles and Industries.

In a one-on-one interview with SME Futures, he discusses the current state of the textile industry and what India needs to do to meet its ambitious export and growth targets.