India’s $100-bn textile export target hinges on MSME: Primus Partners
India’s target to hit $100 billion in textile exports in five years revolves largely around how well the country can support and scale its MSMEs, a Primus Partners report says. Textile MSMEs are held back by fragmented value chains, high costs, skill shortages and limited global market access. RMG and home textiles, accounting for 75 per cent of textile exports, are expected to benefit the most.
India’s target to hit $100 billion in textile exports in five years revolves largely around how well the country can support and scale its MSMEs, a Primus Partners report says.
Textile MSMEs are held back by fragmented value chains, high costs, skill shortages and limited global market access.
RMG and home textiles, accounting for 75 per cent of textile exports, are expected to benefit the most.
