<h1>India's Textile Sector: Major GDP Contributor and Job Creator Set to Reach $350 Billion Market Size by 2030</h1> The Make in India initiative has significantly boosted India's textile and apparel industry, positioning the country as a global manufacturing hub. The sector contributes 2.3% to GDP, 13% to industrial production, and 12% to exports, with textile exports worth $34.4 billion in 2023-24. It employs over 45 million people directly and is projected to reach a market size of $350 billion by 2030. Government initiatives supporting the industry include the Production Linked Incentive Scheme, PM MITRA Parks, Technology Upgradation Fund, Samarth training program, and National Technical Textiles Mission. India ranks as the 6th largest global textile exporter with a 3.91% share of global trade, primarily exporting to the USA and EU.