Pearl Global announced the commissioning of its new manufacturing facility in Bangladesh with an annual capacity of 7 million garment pieces.
Uttar Pradesh's textile, apparel and handicraft exports rose 10% to nearly ₹35,000 crore in FY26, as the state targets global textile hub status
The West Asia war is driving up polyester, cotton, energy and freight costs, squeezing apparel manufacturers and potentially pushing clothing prices higher
The proposed UK and EU free trade agreements (FTAs) are expected to improve the competitiveness of Indian textile export, believe analysts.
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 ..
With better access to the US, EU and UK markets, supportive Budget 2026 measures, and pressure on rival Asian exporters, India's textile sector may be entering a rare window of opportunity
India's textiles and apparel exports, including those of handicrafts, stood at USD 2,855.8 million in November 2025, registering a growth of 9.4 per cent year-on-year, the government said on Wednesday. The country's outbound shipments from the textiles sector stood at USD 2,601.5 million in November 2024. The US, which has imposed steep 50 per cent tariffs on Indian goods, is the largest export market for India's textile and apparel industry. In 2024-25, the overall size of the textile and apparel sector is estimated at USD 179 billion, comprising the domestic market of USD 142 billion and exports worth USD 37 billion. Key segments that have recorded notable growth during November 2025 include ready-made garments (RMG) with a jump of 11.3 per cent, man-made yarn/fabrics/ made-ups, etc, with a 15.7 per cent rise, cotton yarn/fabrics/made-ups and handloom products having an increase of 4.1 per cent, and handicrafts (excluding handmade carpets) which went up by 29.7 per cent. The ...
Industry watchers and corporate India executives expect prices on everything from small cars to everyday essentials to be slashed following the revision
Fifteen companies have proposed investments worth Rs 12,508 crore in Madhya Pradesh's textile sector, expected to generate 18,000 jobs, with key projects at the PM MITRA Park in Dhar
Textile stocks rallied in Tuesday's intra-day trade after the finance ministry removed the 11 per cent duty on raw cotton imports for a period of 42 days till September 30, 2025.
Unless the country can leverage its raw material advantage and new trade deals
Trident's consolidated net profit for the quarter ended June 30, 2025, stood at ₹140 crore, up 89 per cent from ₹73.8 crore in Q1FY25
India and the United Kingdom (UK) on Tuesday announced the conclusion of talks for a free trade agreement (FTA) that will boost strategic and economic ties between the countries.
Apparel exporters body AEPC on Friday said it is planning to expand the global reach of Indian apparel in 2025-26 by diversifying into newer and non-traditional markets to boot shipments. The sector's exports rose by 11.6 per cent to about USD 13 billion during April-January 2024-25 despite global headwinds, geopolitical challenges and supply chain disruptions, Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri said. "The council has planned to promote the global reach of Indian apparel exports by diversification of markets to newer and non-traditional markets through its export promotion activities in 2025-26," he said. He added that the government's key initiatives such as production linked incentive scheme, extension of RoSCTL (Rebate of State and Central Taxes and Levies ), free trade agreements with the UAE and Australia, will surely accelerate growth of the sector. AEPC Secretary General Mithileshwar Thakur said the exports in traditional big markets like the US a
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 ..
Tiruppur and Noida apparel export industries are witnessing a surge in demand orders from various international clothing brands
India's textiles and apparel exports in July grew by 4.73 per cent to USD 2,937.56 million compared to the same month last year mainly driven by an increase in demand for apparels, the Confederation of Indian Textile Industry (CITI) said on Thursday. Textiles and apparel exports stood at USD 2,805.01 million in July 2023, CITI said. While the textile exports were steady at USD 1,660.36 million in July compared to USD 1,663.06 million, apparel shipments during the month surged by 11.84 per cent to USD 1,277.20 million from USD 1,141.95 million during the same time last year. "This year has shown promising progress for India's T&A exports, particularly when compared to last year. The growth in exports is largely attributed to the expanding share of Indian apparel in key markets such as the US, alongside increased exports to the European Union and the UK," CITI Chairman Rakesh Mehra said. The industry, he said, remains optimistic about export orders in the upcoming months, and is ...
Apparel and lifestyle retailers' sales have been under pressure since the festive season last year
With the country moving towards becoming a USD 35 trillion economy by 2047, the manufacturing sector is rapidly adopting automation which is expected to increase recruitment of women, helping companies become more inclusive, a TeamLease Services senior executive has said. "These companies have begun adopting automation in phases in these male-dominated sectors and have started recruitment of women. We expect that with the increase in adoption of automation in these industries, companies will recruit more and more women going forward," TeamLease Services Chief Strategy Officer Subburathinam P told PTI. He further said that, in the manufacturing sector there are several challenges that companies face while becoming more inclusive like the deep-rooted societal norms and discrimination, a lack of diverse role models and leaders, and poor work-life balance. "In India's manufacturing sector, women are significantly underrepresented, making up only about 15-20 per cent of the workforce. ..
Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday