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.

Zoeken
Categorieën
Read More
Fashion Media & Publications
Responsive Policymaking for Trade Push
India’s textile industry finds itself at a defining juncture, shaped by a mix of strategic...
By The Indian Textile Journal 2026-03-25 07:41:20 0 257
Fashion Media & Publications
Karur textile industry seeks relief over raw material price surge
The Karur Textile Manufacturers and Exporters Association (KTMEA) has urged both the Union and...
By Apparel Views 2026-05-19 10:51:27 0 151
Fashion Media & Publications
BTRA Marks 72nd Foundation Day with Focus on Innovation and Sustainability
The 72nd Annual Foundation Day of Bombay Textile Research Association marked an important...
By Textile Value Chain 2026-04-25 02:59:18 0 455
Fashion Media & Publications
Circularity in Carpet Industry Driven by Tech Advances and Regulation
According to the report, modern industrially produced carpets are highly complex engineered...
By Textile Value Chain 2026-04-30 08:38:54 0 312
Fashion Media & Publications
Government and industry align on TEEM and Tex Eco at post - budget textile consultation
The Ministry of Textiles convened the first post-budget National Industry Consultation at Vanijya...
By Fashion Business 2026-04-03 07:07:39 0 494