Textile Industries can save millions by going solar
India's textile industry is a crucial and historic sector that employs millions of people and contributes significantly to the country's economy. With production of various textiles, such as cotton, silk, wool, and synthetic fabrics, this industry accounts for around 13% of India's total exports, making us it the world's 2nd largest textile exporter. With an increase in domestic demand and exports, the textile industry has a potential for growth, while it faces challenges such as robust competition, fluctuating raw material costsprices, and the need for adhering to sustainable practices. SunSource Energy offers clean energy solutions that allows the textile industry to move towards sustainability by integrating solar energy thus reducing carbon footprint, and energy generation costs.
CAGR growth will drive India's Textile and Apparel Industry to $190 billion by 2026
Share of the global trade in textiles and apparel is held by India
Electricity can be provided from Solar by SunSource Energy