New Delhi : India’s textile exports, including handicrafts, increased by 2.1 percent to Rs 3.16 lakh crore in fiscal 2025-26 from Rs 3.09 lakh crore in 2024-25, the textile ministry said. This growth came despite the fact that the sector faced higher tariffs imposed by the US for most of the fiscal year.
America is the largest export destination for this sector. The US introduced a 10 percent retaliatory tariff system on April 2, 2025. After that these rates increased continuously. Import duty for India increased to 25 percent till August 7, 2025 and to 50 percent till August 28. It remained at this level until early February 2026. Following the decision of the US Supreme Court, the US administration imposed 10 percent import duty on all countries for 150 days from February 24.
The court had struck down sweeping import tariffs imposed by President Donald Trump on several countries. The ministry said this performance reflects the stable global demand for Indian textile products and the sector’s competitiveness in key product categories. Year-on-year growth in exports to more than 120 countries was recorded from April 2025 to February 2026, indicating geographic expansion.
FPI outflows: Rs 50000 crore shares sold by foreign investors in 15 days, huge turnover; Market excitement
Among major markets, significant growth was seen in 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).
Among the major segments, readymade garments (RMG) contributed the most, with exports increasing from Rs 1.35 lakh crore to Rs 1.39 lakh crore, registering a growth of 2.9 per cent. Exports of cotton yarn, textiles, finished goods and handloom products remained stable in FY 2025-26, growing by 0.4 per cent to Rs 1.02 lakh crore.
A robust growth of 3.6 per cent was recorded in man-made yarn, textiles and finished products. Exports increased from Rs 41196 crore in 2024-25 to Rs 42687.8 crore in 2025-26. Among the value added segments, handicrafts (excluding handloom carpets) recorded the highest growth of 6.1 per cent.
Exports to reach Rs 15855.1 crore in 2025-26
Exports have increased from Rs 14945.5 crore in 2024-25 to Rs 15855.1 crore in 2025-26. Apparel Export Promotion Council (AEPC) Chairman A. Shaktivel said the steady growth in India’s textile exports, particularly in the readymade garment segment, reflects the strength of the industry despite challenging global conditions.
Comments are closed.