India’s fibre consumption is projected to increase from 15 million metric tonnes to 23 million metric tonnes by 2030. A government-backed New Age Fibre movement aims to promote sustainable plant-based fibres, boost exports, create rural income opportunities and support innovation
There was a growth of 25 per cent and 14 per cent in value and volume, respectively, in assisted financial transactions across semi-urban and rural retail counters in the country in 2022,