Indian Textile and Garment Industry- A Prospective Area for Investment in India

:  The world is looking at India as it begins a new phase in its journey towards being a global economic powerhouse. ‘Make in India’ campaign covering 25 sectors, including the textile and garment industry, have been launched by Prime Minister Narendra Modi. The aim of "Make in India" is to promote India as a "Global Manufacturing Destination”. Manufacturing sector is the backbone of any economy as it fuels growth, productivity, employment, and strengthens other sectors of the economy. Indian textile industry plays a significant role in creating employment, generating a substantial industrial output, and bringing revenue through export of garments and other textile products as it has the second largest manufacturing capacity globally. Today India is ranked among the top 3 attractive destinations for inbound investments.  This paper gives an overview as to how the scheme of Make in India would provide a platform to Textile and Apparel industry to highlight their strength & capabilities, its contribution and retail growth and the initiatives taken by the government to promote the industry to make this sector an Investor's favorite choice.