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

0
724

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.

Pesquisar
Categorias
Leia mais
Fashion Media & Publications
Syre partners with Target to advance next-generation recycled materials at scale
Syre, the textile impact company hyperscaling textile-to-textile recycling has announced an...
Por The Textile Magazine 2026-05-14 07:14:53 0 852
Fashion Media & Publications
Textile, jewellery & leather industries set to gain from trade deal with EU
Union Commerce and Industry Minister Piyush Goyal recently announced that India and the European...
Por Textile World 2026-07-06 05:03:58 0 677
Fashion Media & Publications
EU Imposes Definitive Anti-Dumping Duties on Polyamide Yarn Imports from China
The European Commission has officially concluded a year-long trade investigation by implementing...
Por Global Textile Times 2026-08-05 10:50:25 0 470
Fashion Media & Publications
Ahmedabad Textile Units at 50% Capacity Amid Rising Raw Material Costs
Ahmedabad’s textile weaving and processing industry is facing significant challenges as...
Por Apparel Resources 2026-06-03 05:13:43 0 737
Fashion Media & Publications
Tariff Uncertainty Halts US-Dollar 2 Billion In US Apparel Orders For India
Negotiations between Indian apparel exporters and US buyers have stalled, putting nearly US$ 2...
Por Textile Insights 2026-03-31 10:43:31 0 582