| Can India reduce its dependence on imported textile machinery?
10 Apr 24 88 min read
Insights
- India's textile industry faces challenges with stagnant exports and heavy reliance on imported machinery.
- Despite being a key exporter, the industry struggles with internal inefficiencies and a growing trade deficit in textile machinery, exacerbated by outdated technology.
- Government initiatives like TUFS and ATUFS aim to modernise the sector.
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