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.

Αναζήτηση
Κατηγορίες
Διαβάζω περισσότερα
Fashion Media & Publications
Syre Announces Partnership With Nike to Scale Circular Polyester
STOCKHOLM, Sweden — November 11, 2025 — Syre, the textile impact company hyperscaling...
από Textile World 2026-03-28 12:00:45 0 642
Fashion Media & Publications
Aditya Birla Group strengthens Technical Textiles Vision - Showcases synergies for global leadership
As the global textile industry undergoes rapid technological evolution, Aditya Birla Group has...
από The Textile Magazine 2026-04-01 07:09:36 0 896
Fashion Media & Publications
India’s textile sector posts 2.1% growth in FY25-26
The growth reflects sustained international demand for Indian textile products and the...
από The Indian Textile Journal 2026-06-17 05:26:43 0 325
Fashion Media & Publications
Tamil Nadu CM Urged to Support ‘Made in Tirupur’ Global Branding
The newly appointed Chief Minister of Tamil Nadu, C Joseph Vijay, has been urged by the Apparel...
από Apparel Resources 2026-05-14 04:55:53 0 225
Fashion Media & Publications
Good Fashion Fund validates impact in India’s tier 2 and 3 units
In February this year, the Good Fashion Fund conducted an annual progress assessment of...
από The Indian Textile Journal 2026-03-26 11:07:37 0 562