Lok Sabha Question No. 2877 (UNSTARRED), answered on 2025-03-18
Subject: Investments in Textile Sector
Ministry: TEXTILES
Asked by: Shri Prabhakar Reddy Vemireddy

## INVESTMENTS IN TEXTILE SECTOR

## 2877. SHRI PRABHAKAR REDDY VEMIREDDY:

Will the Minister of TEXTILES वस्त्र मंत्री be pleased to state :

- (a) whether the share of total invested capital in the textile sector has come down from 11.8% in 2000-01 to 6% in 2021-22 as per Annual Survey of Industries data;
- (b)  the  details  of  total  invested  capital  in  the  textile  sector  from  2022-23  to  2024-25  and  anticipated capital in 2025-26;
- (c)  the  reasons  that  textiles,  including  textile  and  apparel  industries  and  cotton  processing,  are  losing their importance in manufacturing in the country;
- (d) the reasons that India's export basket of textiles and readymade garments declined from 26.27% in 1991-92 to just 7.66% in 2022-23 along with the status for years 2023-24 and 2024- 25; and
- (e) the manner in which the Government is going to address the issues and make our textile sector great again?

## उत्तर

ANSWER

## वस्त्र राज्  य मंत्री ( श्री पबित्र मार्घेररटा )

## THE MINISTER OF STATE FOR TEXTILES (SHRI PABITRA MARGHERITA)

- (a) to (e): As per Annual Survey of Industries (ASI) data, invested capital in manufacturing of textiles and manufacturing of apparels in 2000-01 was Rs. 66,45,908 lakh while the corresponding figure for 2021-22 was Rs. 3,15,10,814 lakh. The share of total invested capital in the textile sector was of the total manufacturing sector for 2000-01 was 11.60% while the corresponding figure for 2021-22 was 5.68%. The total invested capital for the year 2022-23 as per ASI data is Rs. 3,65,07,663 lakh.

Exports is a function of demand and supply and depends on a large number of factors such as global demand, order flow, logistics etc. Further, Export of Textiles & Apparel (T&A) Including Handicrafts for FY 2023-24 and April-December 2024 for FY 2024-25 is as under:

(Value in USD Million)

| Commodity                       | FY 2023-24   | FY (2024-25) Apr-Dec 2024   |
|---------------------------------|--------------|-----------------------------|
| Total T&A including Handicrafts | 35,874       | 27,430                      |
| %Share in Total Exports         | 8.21%        | 8.5%                        |

In order to promote growth and development of the textile sector including exports, the Government is implementing various schemes/initiatives including PM-MITRA, Scheme for Integrated Textile Park (SITP), Integrated Processing Development Scheme (IPDS), Production Linked Incentive (PLI) Scheme, National  Technical  Textiles  Mission  (NTTM),  SAMARTH  Scheme  for  Capacity  Building  in  Textile Sector  ATUFS,  Silk  Samagra-2,  National  Handloom  Development  Program  (NHDP)  and  National Handicraft Development Program (NHDP) etc.

To  boost  textile  and  apparel  exports,  the  Government  provides  financial  support  under  Market Access Initiative Scheme to various Export Promotion Councils and Trade Bodies engaged in promotion and branding of textiles and garments exports, for organizing and participating in trade fairs, exhibitions buyer-seller  meets  etc.  at  national  and  international  levels.  Besides,  the  Government  is  implementing scheme for Rebate of State and Central Taxes and Levies (RoSTCL) on exports of Apparel/Garments an Made-ups to boost export of textiles products.

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