Industry Sets $350 Billion Target as Exports Recover
India's textile industry is targeting $350 billion by 2030 as exports rebound, according to reports carried by ET Manufacturing and Dainik Jagran MP CG on 26 October 2026. ET Manufacturing also noted that rising costs accompany the export recovery. No further breakdown of the target or cost pressures was available from the source text.
The goal underlines sustained capital commitment across the sector. Projects India's industrial projects coverage reflects this momentum, with textile investment spread from Gujarat to Odisha at multiple stages of development.
Where Textile Investment Is Concentrated
Projects India tracks 586 live textile projects across India, with twelve added in the last 90 days. The state-by-state distribution shows Gujarat leading with 105 tracked projects, followed by Maharashtra with 86, Karnataka with 62, Andhra Pradesh with 60, Tamil Nadu with 38, and Odisha with 31.
Odisha's presence on this list is notable given the volume of recently announced capacity there. Sportking India has a Rs 2,000 crore textile plant under approvals in Khordha, and three further garment and fabric manufacturing units in Odisha are also at the approvals stage. Details of Sportking India's Khordha project are covered separately.
Project Pipeline by Stage
The stage breakdown of Projects India's 586 tracked textile projects illustrates where activity is concentrated across the development cycle:
- Completed: 191 projects
- Under Approvals: 180 projects
- Construction Started: 92 projects
- Planning: 53 projects
- Approvals Received: 20 projects
- Cancelled: 20 projects
The 180 projects under approvals and 53 at planning stage together represent a substantial forward pipeline, indicating continued near-term demand for civil contractors, equipment suppliers and utility providers once those projects clear regulatory hurdles.
Selected Projects Currently Active
| Project | Promoter | Location | Value | Stage |
|---|---|---|---|---|
| Textile Plant | Sportking India | Khordha, Odisha | Rs 2,000 crore | Under Approvals |
| Textile Unit | Arvind Limited | Dhar, Madhya Pradesh | Rs 588 crore | Construction Started |
| Recycled Polyester Yarn | Texfil Private Limited | Bharuch, Gujarat | Rs 300 crore | Nearly Completion |
| Polyester Filament Yarn Expansion | Sanathan Textiles Limited | Wazirabad, Punjab | Rs 250 crore | Construction Started |
| Garment Mfg Project | Swift Textiles | Raipur, Chhattisgarh | Rs 235 crore | Planning |
| Textile Mill | Shree Ambica Cotspin Private Limited | Balangir, Odisha | Rs 124 crore | Construction Started |
| Textile Unit | Arvind Limited | Dhar, Madhya Pradesh | Rs 588 crore | Construction Started |
| Readymade Garment Unit | Richa Global Exports Private Limited | Puri, Odisha | Rs 84 crore | Under Approvals |
| Synthetic Fabric Mfg Unit | Shalimar Wires Industries Limited | Khordha, Odisha | Rs 76 crore | Under Approvals |
| Garment Mfg Unit | Kartar Fashions Private Limited | Cuttack, Odisha | Rs 51 crore | Under Approvals |
| Unsaturated Polyester Resin | Amer-Sil Ketex Private Limited | Paschim Medinipur, West Bengal | Rs 13 crore | Under Approvals |
What this means for suppliers and contractors
With 92 textile projects nationally at the construction-started stage and 180 under approvals, the near-term order flow for civil contractors, plant and machinery suppliers, and utilities providers remains active. Gujarat, with 105 tracked projects, and Maharashtra, with 86, represent the deepest pools of opportunity by volume, though Odisha's 31 tracked projects include some of the largest single investments currently moving through approvals.
The 53 projects at planning stage add a further layer of early-engagement opportunity for suppliers who monitor projects before formal procurement begins. Rising costs flagged in the ET Manufacturing headline may affect procurement timelines and contractor negotiations on projects currently in construction or nearing completion. Suppliers tendering on new work should factor this into pricing.
There are currently no open India tenders in Industrial Projects recorded by Projects India. Suppliers can monitor the full pipeline via the all tracked projects listing and check for new tender activity at the live tenders page.
Frequently asked questions
What is India's textile industry target for 2030?
India's textile industry is targeting $350 billion by 2030 as exports rebound, according to reports by ET Manufacturing and Dainik Jagran MP CG published on 26 October 2026. ET Manufacturing also noted that rising costs accompany the recovery in exports.
Which states have the most textile projects in India?
Based on Projects India data, Gujarat leads with 105 tracked textile projects, followed by Maharashtra with 86, Karnataka with 62, Andhra Pradesh with 60, Tamil Nadu with 38, and Odisha with 31.
How many textile projects are currently under construction in India?
Projects India tracks 92 textile projects at the construction-started stage nationally, with a further 180 under approvals and 53 at planning stage, indicating a substantial forward pipeline for suppliers and contractors.
What are the largest textile projects currently in the pipeline in India?
Among Projects India's tracked projects, Sportking India's textile plant in Khordha, Odisha is valued at Rs 2,000 crore and is under approvals. Arvind Limited's textile unit in Dhar, Madhya Pradesh at Rs 588 crore has already started construction.
