India's Textile Sector Doubles to Rs 16 Lakh Crore, Exports Surge 25%

India's textiles sector has nearly doubled in value over the past decade, reaching approximately Rs 16 lakh crore. Exports have risen by over 25% following the pandemic, driven by diversification into 40 new countries. The government has supported the industry with Rs 50,000 crore through various schemes and is on the verge of signing a free trade agreement with the EU. The sector remains a major employment generator, with a strong domestic market and growing international confidence in Indian manufacturing.

Key Points: Indian Textiles Sector Growth Doubles, Exports Rise 25%

  • Sector value doubled since 2014
  • Exports rose over 25% post-pandemic
  • India-EU FTA to be signed soon
  • Export diversification to 40 new countries
  • Supported by Rs 50,000 crore in schemes
2 min read

Indian textiles sector almost doubles to Rs 16 lakh crore, exports rise over 25 pc: Minister

India's textile industry grows from Rs 8.4L to Rs 16L crore, with exports rising over 25% and a major EU trade deal imminent.

Indian textiles sector almost doubles to Rs 16 lakh crore, exports rise over 25 pc: Minister
"The India International Garment Fair has now become a major global platform for international garment buyers. - Giriraj Singh"

New Delhi, Jan 24

The textiles sector in India has seen tremendous growth in the last decade - from Rs 8.4 lakh crore in 2014 to around Rs 16 lakh crore today, becoming one of the biggest platforms for generating employment, according to the government.

Textiles Minister Giriraj Singh said the domestic market also increased from Rs 6 lakh crore to Rs 13 lakh crore in 2025, while the country's exports also witnessed over 25 per cent rise post-pandemic.

Addressing the 74th Edition of India International Garment Fair (IIGF) here, the minister said the IIGF is a trusted platform, and "I can say that the India International Garment Fair has now become a major global platform for international garment buyers."

He further said the Narendra Modi government has removed all barriers in textiles, be it QCO, increasing RoDTEP and RoSCTL schemes, reducing import duty by six months and rectifying the inverted duty structure, etc.

"We have supported the industry with Rs 50,000 crore via RoDTEP and RoSCTL schemes," the minister said.

Singh further stated that the challenges have allowed us to remain resilient and stable despite headwinds.

"Our export diversification drive to 40 new countries is showing positive results," he mentioned.

The minister further informed that in Argentina, we grew by 77 per cent, Egypt by 30 per cent, Poland and Japan by 20 per cent and Sweden and France by 10 per cent, which is a very encouraging sign.

The positive news is that the India-EU free trade agreement will be signed in the next few days, he added.

"We have a young workforce, raw material and foreign exchange surplus, therefore, we must see that we achieve all targets," the minister noted.

India is moving away from reliance on foreign benchmarks and is developing its own standards through indigenous initiatives such as VisionNxt and IndiaSize.

Dr A Sakthivel, Chairman of AEPC said that the presence of exhibitors from all parts of the country highlights the depth and breadth of our manufacturing ecosystem, while the enthusiastic participation of international buyers reaffirms confidence in Indian capabilities.

"I am happy to share that cumulative RMG exports during April-December 2025-26 stood at $11,584.3 million, registering a growth of 2.4 per cent over the corresponding period of the previous year," he added.

- IANS

Share this article:

Reader Comments

P
Priya S
Great to see exports rising! But as someone from a textile hub, I hope this growth translates to better wages and working conditions for the workers on the ground. The schemes are good, but their benefits must reach the last person in the chain.
R
Rohit P
The diversification to 40 new countries is the real story here. 77% growth in Argentina? Amazing! This reduces our dependency on traditional markets. Can't wait for the EU FTA to be signed. Make in India is showing results! 💪
S
Sarah B
As an international buyer, I've been attending IIGF for years. The quality and variety from Indian manufacturers have improved dramatically. It's become a one-stop destination. This growth is well-deserved.
V
Vikram M
Rs 50,000 crore support via schemes is a huge number. Hope the MSMEs and the powerloom sector are getting adequate access to these funds. Sometimes the big players corner all the benefits. The report is encouraging, but implementation is key.
N
Nisha Z
This makes me so proud! From Banarasi silks to Kanchipuram weaves, our textiles have global appeal. The domestic market doubling shows our own people are valuing and buying Indian products more. #VocalForLocal is working! 👗

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50