NEWS BRIEFS
mated consumption of 303 lakh bales . It plays a major
role in sustaining the livelihood of an estimated 6 Million
cotton farmers and about 50 Million people engaged in
related activity such as cotton processing & trade.
He said that Cotton is the very basis of the Indian Textile
and Clothing Industry. Cotton-based textile products have
almost 50% share in the total T&A products. He further
said that it shows what Cotton means for the textile in-
dustry and our economy as a whole as a foreign exchange
earner. More than 6.5 million cotton farmers are directly
engaged in cotton cultivation and around 10.5 million
workforces are engaged in the allied sectors.
Shri Goyal said that the government is committed to help-
ing the textile industry in all the possible ways to achieve
a US$ 350 bn market size by 2025-26, with US$ 100 bn
exports. MITRA Scheme, National Technical Textile Mis-
sion, Removing Anti-Dumping Duties Mission, Removing
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