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

0
379

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.

Cerca
Categorie
Leggi tutto
Fashion Media & Publications
India Textile Output Declines In March
India’s textile industry experienced a broad-based slowdown in March, with production...
By Textile Insights 2026-05-07 04:45:29 0 97
Fashion Media & Publications
Textile Exporters see higher wage bills, compliance costs
The codes introduce a universal minimum wage across organised and unorganised sectors, replacing...
By Financial Express 2026-03-31 08:10:03 0 277
Fashion Media & Publications
Bisleri and EcoLine Clothing join hands to turn PET waste into sustainable fashion
In a landmark initiative that blends sustainability, innovation, and circular economy principles,...
By The Textile Magazine 2026-03-26 05:01:27 0 490
Fashion Media & Publications
Techtextil and Texprocess 2026 successfully concluded, highlighting AI, natural fibres and connected manufacturing
With more than 36,000 visitors and 1,700 exhibitors from a total of 112 countries, Techtextil and...
By TexSPACEToday 2026-05-06 09:08:19 0 376
Fashion Media & Publications
Union Budget 2026 - Gram Swaraj fibre scheme anchor integrated textile push
Synopsis The Union Budget 2026-27 places the textile sector at the core of India's growth and...
By The Economic Times 2026-04-02 06:56:17 0 178