New Delhi, Sept. 9 -- India's textile sector is entering a multi-year growth phase, with the global "China+1" sourcing shift creating significant export opportunities. However, the shift toward man-made fibres (MMF) remains a structural gap, according to a Jefferies report.

The report noted that the global textile and apparel market is currently valued at over USD 900 billion, with apparel accounting for around 60 per cent of total trade. As global brands diversify sourcing beyond China, India is well positioned to gain market share, supported by its integrated fibre-to-fashion ecosystem, an export base of around USD 37 billion, abundant raw materials, skilled workforce and supportive government policies.

For India, "Improving trade com...