Recent Current Affairs related to Textile

The Government of India (GoI) has approved 22 new applicants under the third round of the Production Linked Incentive (PLI) Scheme for Textiles. These entities are expected to bring an investment of ₹2,339.14 crore and generate a turnover of ₹15,561.34 crore.

With this, a total of 96 companies have been selected under the third round of the scheme, with a cumulative committed investment of ₹12,822.67 crore and a projected turnover of ₹58,294.18 crore. The approved applicants operate in the Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles segments.

The Ministry of Tribal Affairs, through the Tribal Cooperative Marketing Development Federation of India (TRIFED), has launched a premium brand named “RISA - Timeless Tribal” for tribal textiles, embroideries, and handicrafts. An exclusive RISA store was inaugurated at the Rajiv Gandhi Handicrafts Bhawan in New Delhi.

The initiative aims to establish a brand identity for tribal products, strengthen market linkages for tribal artisans, facilitate design development, and promote tribal heritage in domestic and international markets.

Union Minister Jyotiraditya M Scindia and Assam CM Himanta Biswa Sarma have launched Mission ‘Senehjori’ to transform the Assam Muga Silk sector into a globally competitive luxury textile ecosystem.

Muga silk is the world’s only naturally golden silk and India’s first GI-tagged silk. The total budget for the revitalization of this sector is ₹396-411 crore, with a contribution of ₹136-151 crore from the Ministry. The initiative is structured as a 3-year roadmap with milestones to be completed by 2028.

The Ministry of Textiles has launched the “Bharat Tex 2026 Event Application” to facilitate AI-driven networking and business matchmaking for the upcoming “Bharat Tex 2026” exhibition. The exhibition is scheduled to be held at Bharat Mandapam in New Delhi.

The application features an AI-powered smart assistant designed to provide 24x7 conversational support for event schedules, venue details, directions, and other related queries.

PM Narendra Modi has inaugurated and dedicated infrastructure, rail, and healthcare projects worth ₹9,400 crore in Hyderabad. He inaugurated the first functional Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Park of India in Warangal. The Malkapur Terminal Project of the Indian Oil Corporation Ltd (IOCL) and the Sindhu Hospital in Hyderabad were also dedicated to the nation during the visit.

The Council of Scientific and Industrial Research – Central Road Research Institute (CSIR-CRRI) and Bharat Petroleum Corporation Ltd (BPCL) have developed “Phoenix Geocell”, India’s first technical textile geocell made from 100% end-of-life mixed plastic waste.

The technology uses a 3-dimensional (3D) honeycomb-like structure made from processed mixed plastic waste. It is to be noted that the innovation has been recognized by the “India Book of Records” and “Asia Book of Records” during a ceremony at the CSIR-CRRI auditorium in New Delhi.

The Ministry of Textiles has signed an MoU with the Indian Council for Research on International Economic Relations (ICRIER) to conduct evidence-based policy research in the textile and apparel sector.

The collaboration aims to support the formulation of data-driven and analytically robust policies to strengthen the domestic textile industry.

Union Minister Giriraj Singh released the study report titled “Market for Textiles and Clothing: National Household Survey 2024” in New Delhi. The report states that the domestic demand for textiles in India recorded a Compound Annual Growth Rate (CAGR) of 8.3%, increasing from ₹4.89 lakh crore in 2010 to ₹14.95 lakh crore in 2024.

Household demand for textiles rose from ₹4.18 lakh crore in 2010 to ₹8.77 lakh crore in 2024. The per capita demand for textiles increased at a CAGR of 7.8%, growing from ₹2,119 in 2010 to ₹6,066 in 2024.