India Unveils National Fibre Integration Strategy to Catalyze Textile Sector Transformation

The Textiles Ministry has launched the National Fibre scheme, a strategic initiative designed to consolidate and optimize existing programs for both natural and man-made fibres under a unified framework. This integration aims to enhance coordination, streamline resource allocation, and eliminate redundancies across the sector. According to P. Sivakumar, the initiative is a cornerstone of India's ambitious goal to double the textile value chain from $170 billion to $350 billion by 2030. The move reflects a calculated effort to bolster competitiveness, foster innovation, and attract investment in a critical industry. By aligning disparate schemes, the government seeks to create a more resilient and efficient supply chain, positioning India as a global leader in textile manufacturing. This development underscores a broader economic strategy to leverage the textile sector's potential for job creation and export growth, while addressing challenges related to sustainability and technological advancement. The integration is expected to provide a significant impetus to the entire value chain, from raw material production to finished goods, marking a pivotal step toward achieving the 2030 target.