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India Holds 3.9% of Global Textile Trade
The Daily Guardian
|January 03, 2025
India is now the 6th largest exporter of textiles and apparel in the world, with a global trade share of 3.9 percent.
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The sector holds a significant 8.21 percent of India's total exports, underlining the country's crucial role in the global textile supply chain.
India's textile and apparel sector has posted a remarkable growth in exports during the first half of FY 2024-25, with total exports reaching USD 21,358 million, marking a 7 percent increase compared to the same period last year.
According to the Ministry of Textiles, the Ready Made Garments (RMG) category leads the export surge, accounting for 41 percent of the total textile exports, with a notable export value of USD 8,733 million.
Cotton textiles follow closely, contributing 33 percent (USD 7,082 million), while man-made textiles account for 15 percent (USD 3,105 million).
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