About
Global Textile Axis
GTA (Global Textile Axis) can be defined as an innovative and comprehensive online platform designed to connect Indian textile giants and global players.
At its core, GTA focuses on empowering textile businesses with state-of-the-art infrastructure, innovative technology, and comprehensive support services. The platform is built to bridge the gap between India’s rich textile heritage and global market demands, ensuring businesses of all scales can thrive in a competitive environment.
Designed to reduce operational complexities, GTA integrates technology to optimize trade processes, reduce costs, and enhance transparency. The platform not only promotes Indian textiles on a global scale but also fosters job creation and sustainable economic growth.
History
From 5000 BC handlooms to modern mills. India's textiles tell a rich story. Early cotton threads whisper of Indus Valley glory, and silks danced along ancient trade routes. Mughal India draped the world in color, it's muslims prized from the Americas to Japan. Colonial mills rose, then freedom's looms buzzed weaving a new future while cherishing old crafts. Today, India threads tradition with tech, a global giant spinning it's past into a vibrant future.
Present
The global textile market size was valued at USD 1,695.13 Billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.6% in terms of revenue from 2023 to 2030.
Challenges
LOW TECHNOLOGY ADOPTION:
Overdependence on manual labor limits productivity and efficiency compared to global competitors.
INFRASTRUCTURE BOTTLENECKS:
Poor infrastructure hampers supply chain efficiency and increases costs.
UNORGANIZED SECTOR:
A large unorganized sector struggles with safety concerns, low wages, and environmental compliance.
INDUSTRY COLLABORATION:
Sharing best practices, promoting fair labor practices, and investing in R&D
FLUCTUATING RAW MATERIAL PRICES:
Dependence on imported cotton and fluctuations in domestic prices impact profitability.
ECONOMIC FLUCTUATIONS:
Global economic downturns impact demand and exports.
GOVERNMENT SUPPORT:
Sharing best practices, promoting fair labor practices, and investing in R&D.
Our Team
Ketki and Saket, directors of Global Textile Axis, aim to establish India’s largest textile export hub. This initiative is designed to significantly enhance India’s global market share, contributing an ambitious 3% increase, thereby boosting the country’s presence in the international textile industry.
Comes from prominent political lineage, hails from a family deeply rooted in Madhya Pradesh politics since 1977, Choure family contributed to the industrial growth of Sausar Tehsil with over 140 factories established.