India’s Textile Exports Grow 2.1% To Rs 3.16 Lakh Crore In FY26

0
505

India’s textile exports, including handicrafts, recorded a growth of 2.1 percent in FY 2025-26, reaching Rs 3,16,334.9 crore compared to Rs 3,09,859.3 crore in the previous financial year, according to data released by the Ministry of Textiles on Wednesday. The steady performance highlights sustained global demand for Indian textile products and the continued competitiveness of the sector across major product categories, data stated.

The data underlines that within the major segments, Ready-Made Garments (RMG) continued to be the largest contributor to India’s textile exports. The segment rose from Rs 1,35,427.6 crore in FY 2024-25 to Rs 1,39,349.6 crore in FY 2025-26, registering a growth of 2.9 percent.

The ministry said that the cotton yarn, fabrics, made-ups and handloom products reported stable performance, with exports increasing marginally from Rs 1,02,002.8 crore to Rs 1,02,399.7 crore, reflecting a growth of 0.4 percent. Man-made yarn, fabrics and made-ups posted relatively stronger growth of 3.6 percent, rising from Rs 41,196 crore to Rs 42,687.8 crore during the same period.

The data highlights that in the value-added segment, handicrafts excluding handmade carpets emerged as the fastest-growing category among major segments, expanding by 6.1 percent from Rs 14,945.5 crore to Rs 15,855.1 crore.

The ministry noted that export growth was recorded in over 120 destinations between April 2025 and February 2026 compared to the corresponding period of the previous year, indicating broad-based geographical expansion of India’s textile export basket. Key export markets showed notable increases, including the United Arab Emirates (22.3 percent), United Kingdom (7.8 percent), Germany (9.9 percent), Spain (15.5 percent), Japan (20.6 percent), Egypt (38.3 percent), Nigeria (21.4 percent), Senegal (54.4 percent), and Sudan (205.6 percent).

The government has supported the sector through export facilitation and remission measures, including the extension of the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme and the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme beyond March 31, 2026. India’s Free Trade Agreement (FTA) agenda also witnessed significant developments during 2025-26, with agreements involving EFTA TEPA, UK CETA, Oman CEPA, New Zealand FTA announcement, and India-EU FTA conclusion, which are expected to enhance market access and strengthen global value chain integration for the textile sector.

البحث
الأقسام
إقرأ المزيد
Fashion Media & Publications
Surat’s Textile Engine Drives Gujarat Growth Ahead of Vibrant Gujarat Regional Conference
The textile industry in South Gujarat continues to serve as a cornerstone of Gujarat’s...
بواسطة Apparel Resources 2026-04-28 06:51:06 0 363
Fashion Media & Publications
Govt extends last date for filing applications under PLI Scheme for textiles till December 31
Synopsis The government has extended the application deadline for the textiles PLI scheme until...
بواسطة The Economic Times 2026-03-27 09:15:29 0 372
Fashion Media & Publications
Fashion Industry Faces Shift Toward Non-Luxury Growth
A recent study conducted by industry solutions provider Lectra reveals that non-luxury brands are...
بواسطة Global Textile Times 2026-03-25 10:46:36 0 864
Sustainability Enablers & Solutions
Transportation Predictive Analytics: Data-Driven Intelligence Transforming Mobility Systems
Introduction to Transportation Predictive Analytics Transportation predictive analytics refers to...
بواسطة Akankshs Bhoie 2026-04-22 04:55:12 0 476
Fashion Media & Publications
The Pali Model: How a Textile Cluster Turned a Wastewater Crisis into a Sustainability Benchmark
For years, the Bandi River was more than a water body for the people of Pali, it was a lifeline...
بواسطة The Textile Magazine 2026-05-05 05:54:15 0 590