New Delhi, July 20 -- India's textile industry is entering a multi-year structural growth phase, supported by the global China+1 sourcing strategy, supply chain diversification and improved market access through trade agreements, according to a report by 360 One Capital.

The report said sustained gains in exports and global market share will depend on manufacturers' ability to improve productivity, scale, technical capabilities and execution rather than relying solely on favourable trade policies.

Manufacturing Competitiveness Crucial

According to the report, global brands are increasingly diversifying sourcing away from China amid geopolitical uncertainties and the need for more resilient supply chains.

However, it noted that India h...