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The Southern India Mills’ Association

Committed to Foster the Growth of the Textile Industry

CHAIRMAN’S MESSAGE DETAILS

Mr Durai Palanisamy

Executive Director, Pallava Textiles Private Limited

The Indian textile and clothing industry has consistently demonstrated resilience and strong growth potential, steadily progressing towards the Government’s ambitious target of USD 350 Billion by 2030. The State and Central Governments have introduced several path breaking initiatives to address structural challenges affecting the sector’s survival and competitiveness. Slotting the entire textile value chain at 5% GST Slab, exempting 11% cotton import duty, implementing Mission for Cotton Productivity, Production Linked Incentive Scheme, PM MITRA Park, etc., alongside supportive export incentives have positioned our sector for a robust future.

Free Trade Agreements (FTAs) with key markets are opening fresh opportunities to expand exports and strengthen our presence in high-value segments. These partnerships will play a vital role in enhancing our global competitiveness.

As sustainability, digitalization and innovation reshape the textile landscape, our focus remains on equipping members with the tools and knowledge to thrive. By investing in technology, adopting eco-friendly manufacturing practices, we can ensure that Indian textiles industry remain a preferred choice worldwide.

Together, let us continue to harness these opportunities, uphold our proud legacy and drive forward toward a vibrant, sustainable future.