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.

Site içinde arama yapın
Kategoriler
Read More
Fashion Media & Publications
US textile sector stable despite 2025 disruption, says NCTO
The US textile industry remained stable during 2025, despite facing economic and trade...
By Just style 2026-04-18 05:32:32 0 466
Fashion Media & Publications
Cabinet clears Rs 56.59 billion Mission for Cotton Productivity to boost output by 2031
The Union Cabinet chaired by Prime Minister Narendra Modi has approved an outlay of Rs 56.59...
By The Indian Textile Journal 2026-05-18 09:43:20 0 777
Fashion Media & Publications
Kapil Agarwal Honoured as Global CEO for Championing the Future of Circular Textiles
In recognition of his leadership in advancing circularity and sustainable innovation in the...
By The Textile Magazine 2026-03-24 05:22:33 0 686
Fashion Media & Publications
How tech-enabled ecosystems are powering the next phase of textile manufacturing
The future of textile manufacturing will be defined not only by production capacity, but by...
By The Indian Textile Journal 2026-06-02 05:33:44 0 778
Fashion Media & Publications
High Testing Costs Under QCOs Risk Squeezing MSMEs, Says GTRI
The government should consider capping testing charges for routine industrial products, as the...
By Apparel Resources 2026-04-15 09:52:05 0 536