FICCI event 15th FICCI TAG 2024

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Knowledge Paper on Embracing Transformation in Textiles: Sustainability, Digitalization and Innovation

The FICCI Wazir knowledge report on Embracing Transformation: Sustainability, Digitalization and Innovation, which was released by Smt. Roop Rashi, Textile Commissioner, Ministry of Textiles, Government of India during FICCI’s Annual Textile conference TAG 2024 in Mumbai, highlights Major Key Trends Shaping the textile Industry. These trends include buyers diversifying from China; Growing demand for synthetic textiles and evolving sourcing strategies of buyers including sourcing consolidation and preference towards vertically Integrated setups.    The report highlights how Global brands are embracing sustainability amidst Changing Regulatory Landscape, and how sustainability can be achieved through various measures. The report also provided overview of ...