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

0
498

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
Palladam Textile Units Slash Output by 50% Amid Export Slump and Rising Costs
Textile manufacturers in Palladam, a key hub in Tiruppur, have reduced production by 50% from 6th...
By Apparel Resources 2026-04-07 09:27:13 0 103
Fashion Media & Publications
Cybersecurity: A Growing Concern for UK Retail Leaders
In a recent study involving 117 senior retail executives in the UK, it was found that 11% admit...
By Global Textile Times 2026-03-23 11:48:00 0 229
Fashion Media & Publications
India’s Cotton Imports Surge in 2025 as Lower Global Prices Drive Buying Spree
India’s cotton imports recorded a sharp increase in 2025, with volumes rising by 130% and...
By Apparel Resources 2026-04-01 12:27:32 0 331
Fashion Media & Publications
India Can Unlock US$ 9.4 Billion From Textile Waste: FICCI–RECEIC Report
India has the potential to unlock nearly US$ 9.4 billion (Rs 78,500 crore) annually from textile...
By Textile Insights 2026-04-23 06:15:45 0 483
Fashion Media & Publications
Diversifying Exports
With nearly 40 per cent of India’s textile exports headed to the US, market volatility...
By The Indian Textile Journal 2026-03-31 08:33:09 0 317