Indian textile and apparel exports register significant YoY degrowth in March 2026

0
596

In April ’25-March ’26, Indian textile exports registered a degrowth of -2.86% over the previous year while apparel exports registered a degrowth of -1.36% during the same time. Cumulative exports of textiles and apparel during April ’25-March ’26 have registered a degrowth of -2.21% as compared to FY ’25, according to a Confederation of Indian Textile Industry (CITI) analysis of quick estimates of the textile and apparel exports for March 2026.

For April ’25-March ’26, textile exports reached US $ 20,027.22 million as compared to US $ 20,617.78 million in April ’24-March ’25 while apparel exports reached US $ 15,772.14 million in April ’25-March ’26 as compared to US $ 15,989.34 million in April ’24-March ’25. Cumulative textile and apparel exports in April ’25-March ’26 reached US $ 35,799.36 million as compared to US $ 36,607.12 million in April ’24-March ’25.

During March ’26, Indian textile exports registered a degrowth of -9.91% over the previous year while apparel exports registered a significant degrowth of -18.99% during the same time period. Cumulative Exports of Textiles and Apparel during March ’26 have registered a degrowth of -14.02% over March ’25

Textile exports in March 2026 reached US $ 1,671.99 million from an amount of US $ 1,855.92 million in March 2025, while apparel exports reached US $ 1,240.50 million in March 2026, compared to US $ 1,531.33 million in March 2025. Cumulative textile and apparel exports reached US $ 2,912.49 million in March 2026 as compared to US $ 3,387.25 million in March 2025.

CITI Chairman, Ashwin Chandran gave credit to the resiliency of the Indian apparel and textile industry and said that despite grappling with a steep 50% US tariff for over five months in the previous fiscal year, the dip in exports was contained at 2.21% in the financial year 2025-26 compared to FY 2024-25. 

He also highlighted that the Manmade Fibre (MMF) segment is aligning better with global consumption patterns. He also urged on the need to remove the import duty on cotton. 

Căutare
Categorii
Citeste mai mult
Fashion Media & Publications
EU Releases Proposed Finalized Mandatory and Voluntary Sustainability Reporting Standards
The European Commission announced the publication of new drafts of its proposed revised European...
By ESG Today 2026-05-08 11:36:36 0 422
Fashion Media & Publications
Union Textiles Ministry approves ₹1,894 crore PM Mitra Park development in TN
The park in 1,052 acres is located at Virudhunagar to attract technical textiles processing and...
By The Hindu Businessline 2026-03-25 06:37:19 0 446
Fashion Media & Publications
Celebrating National Textiles Day: Why ‘Make in India’ Must Now Mean ‘Design in India’
The Indian textile industry has come a long way, evolving from the skilled hands of handloom...
By Textile Value Chain 2026-04-28 12:25:33 0 891
Fashion Media & Publications
From kala cotton to banana fibre: How homegrown brands are innovating Indian textiles
Indian handlooms are experiencing a significant revival, as homegrown brands reimagine...
By The Week 2026-03-26 07:16:37 0 821
Fashion Media & Publications
Climate risk action profitable; delivers biggest gains for retail and apparel: Study
Addressing climate risks can deliver significant economic benefits, with every US $ 1 invested...
By Apparel Resources 2026-03-26 09:42:58 0 261