Tiruppur, responsible for nearly one-third of India's apparel exports and 68% of its knitwear, is pursuing a strategic shift from traditional power looms to state-of-the-art technology, with industry leaders projecting exports to double from $5.2 billion to $10 billion by 2030, aligning with the government's broader target of $100 billion in total textile exports by 2030.
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From $5 Billion to $10 Billion: Tiruppur's Bold Bet on India's Textile FutureAdded:
and tripur exporters association we have uh projected around $10 billion by 2030 which is a double than our what what we are doing at 5.2 too. So we are very very optimistic.
>> Indian weaving ecosystem instead of betting on the old power looms or any other traditional uh technology now importing state-ofthe-art technology around 8 9,000 cr worth of machines came that will help even apparel ecosystem that will also trigger growth in the spinning ecosystem.
>> What we could say is the next century belongs to India for textiles. So with this I think we are very optimistic in align with the government because the government of India has uh projected at 40 billion uh dollar for apparel exports 100 billion for textiles by 2030.
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