Textile Exports

The country's textiles and garment exports fell 2.2 per cent to USD 35.8 billion in 2025-26 due to contraction in shipments of key segments such as cotton, think tank GTRI said on Saturday. In rupee terms too, the exports fell 2.1 per cent during the last fiscal. GTRI said the declining pattern is visible across major segments - cotton textiles (- 3.9 per cent), ready-made garments (- 1.4 per cent), and carpets (- 5.3 per cent). Only handicrafts grew slightly by 1.5 per cent during the fiscal. The contrast between INR and USD growth highlights a deeper structural concern, the Global Trade Research Initiative (GTRI) said. Its founder Ajay Srivastava said India is exporting more in value terms domestically, but earning fewer dollars globally. For instance, man-made textiles show a 3.6 per cent rise in INR(Indian Rupee) but a 0.8 per cent decline in dollar terms, and garments show a 2.9 per cent INR increase despite a 1.4 per cent dollar contraction, he said. This suggests that ..

Indian exporters are linked to about $12 billion of the total refunds. Textiles and apparel account for roughly $4 billion of that amount

US tariff relief restarts Dollar Town's knitting machines, revives stalled exports, yet the Iran curveball threatens to fray town's delicate recovery

Bangladesh's key export-earning ready-made garments made from cotton and synthetic fibres imported from the US will enjoy zero reciprocal duty under a new trade deal

An analysis by CITI of data from the US Office of Textiles and Apparel showed that US imports of textiles and apparel from India fell 31.4 per cent in November 2025 compared with November 2024

Industry executives expect India's textile and apparel exports to the US to post double-digit growth in FY27, aided by improved competitiveness following the India-US trade deal

The India-EU FTA grants zero-duty access across the full spectrum of textile and apparel tariff lines, thereby positioning Indian exporters on an equal footing with competitors

The US is India's biggest market for textiles and apparel. In 2024-25, the sector was valued at about $179 billion, including a $142 billion domestic market and $37 billion in exports

The EU is India's largest trading partner for goods, with two-way trade of $137.5 billion in the fiscal year to March 2024, for an increase of nearly 90 per cent over the past decade

India's textile exports to the US rose 9.1% in July as suppliers rushed shipments ahead of new tariffs though growth lagged Vietnam and Bangladesh, according to CITI

AI-enabled machines have features like precision stitching and predictive maintenance for improving production

The discussion touched upon a wide range of issues affecting the textile value chain

US President Donald Trump's tariff imposition decision gives India's textile industry a competitive edge as its competitors like Vietnam, Bangladesh and China will face higher tariffs

What's driving this surge? Partly, it's the rupee's depreciation versus the dollar, down nearly 3 per cent in 2024, which has made India's exports more attractive on the global stage

India's textiles and apparel exports, including handicrafts, grew 7 per cent during the April-October period to USD 21.35 billion, the government said on Thursday. The outbound shipments from the sector stood at USD 20 billion in the same period of the previous financial year, FY 2023-24. "The Ready Made Garments (RMG) category with exports of USD 8,733 million has the largest share (41 per cent) in the total exports (USD 21,358 million) during the period of April-October of FY 2024-25, followed by Cotton Textiles (33 per cent, USD 7,082 million), Man-Made Textiles (15 per cent, USD 3,105 million)," the Textiles Ministry said. Growth of exports was observed in all principal commodities during April-October of FY 2024-25, as compared to corresponding period of FY 2023-24, except wool and handloom, which declined by 19 per cent and 6 per cent, respectively, the Ministry said. Meanwhile, the overall import of textiles and apparel including handicrafts declined 1 per cent during the ..

India has set the target to reach $100 billion in textile exports by 2030

India likely to see volume of such exports inflate by $400 mn per month

This revival is mainly driven by major orders from global players like Primark, Tesco, George at ASDA and Decathlon

Pharmaceutical exports are targeted to double to $55 billion by FY30, from $27.84 billion in FY24, focusing on drug formulations and biologicals

Industry experts, however, foresee a reversal in the declining trend by July owing to moderating cotton prices and inflation in the West