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Grasim Calls For Price Stability To Unlock India's Textile Export Potential

• By  Textile Excellence
• July 15, 2026

India's textile industry can achieve sustained export growth only through stable raw material prices, stronger processing capabilities and large-scale garment manufacturing, according to ManMohan Singh, Group Executive President and Chief Marketing Officer at Grasim Industries, Birla Cellulose. Speaking to Textile Excellence during Bharat Tex 2026 at Bharat Mandapam, New Delhi, Singh said Free Trade Agreements will create fresh opportunities only if pricing volatility across fibres, yarn and fabrics is addressed. He noted that sharp fluctuations in logistics, energy and raw material costs have disrupted the value chain, squeezing margins despite improving export prospects.

Singh highlighted Grasim's continued investment in sustainable fibre technologies, particularly Lyocell, which recovers 99.7% of solvents during production and is expected to account for nearly 20% of the global man-made cellulosic fibre basket by 2027. He also stressed the need to modernise textile processing and build globally competitive integrated garment manufacturing facilities. India, he said, must combine sustainability, technology and productivity to strengthen its position in international textile markets and fully capitalise on emerging trade opportunities.

Singh highlighted Grasim's continued investment in sustainable fibre technologies, particularly Lyocell, which recovers 99.7% of solvents during production and is expected to account for nearly 20% of the global man-made cellulosic fibre basket by 2027. He also stressed the need to modernise textile processing and build globally competitive integrated garment manufacturing facilities.