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Textile industry in India likely to face 5 times growth in 10 years
Posted on: 02/Dec/2014 12:29:20 PM
As per results obtained from recent researches, it is found that the textile industry in India will attain Rs 30 lakh crore by the end of 2025.
Textile industry in our country is likely to grow by five times in another ten years. Organizers of the study point that this expected hike in this industry is due to the increasing demand for poly-ester materials. The current level of this industry is Rs 6,48,000 crore. However, in the coming years, this industry is believed to multiply by huge levels. As of now, there is a slew in choice from cotton to poly-ester.
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