India’s Textile Exports Up 2.1% In FY26, RMG Leads With Largest Contribution
Economy Fashion & Lifestyle

India’s Textile Exports Up 2.1% In FY26, RMG Leads With Largest Contribution

Icra Expects Home Textile Exporters To Report 7-8% YoY Revenue Growth In FY24

Man-made yarn, fabrics and made-ups posted a stronger growth of 3.6 per cent, with exports increasing from Rs 41,196.0 crore to Rs 42,687.8 crore

Marking a year-on-year growth of 2.1 per cent, India’s total textile exports, including handicrafts, increased from Rs 3,09,859.3 crore in the financial year 2025 to Rs 3,16,334.9 crore in FY26, official data showed on Wednesday.

Among the major segments, ready-made garments (RMG) of all textiles remained the largest contributor to exports, rising from Rs 1,35,427.6 crore to Rs 1,39,349.6 crore, an increase of 2.9 per cent, the Ministry of Textiles said. Cotton yarn, fabrics, made-ups and handloom products recorded exports of Rs 1,02,399.7 crore in FY26 as against Rs 1,02,002.8 crore in FY25, reflecting a stable growth of 0.4 per cent.

Man-made yarn, fabrics and made-ups posted a stronger growth of 3.6 per cent, with exports increasing from Rs 41,196.0 crore to Rs 42,687.8 crore. Among value-added segments, handicrafts excluding handmade carpets recorded the highest growth among major categories, rising by 6.1 per cent from Rs 14,945.5 crore to Rs 15,855.1 crore.

Export growth was registered in more than 120 destinations during April 2025 to February 2026 over the corresponding period of the previous year, indicating broad-based geographical expansion in India’s textile export basket, the ministry added.

A notable growth has been observed in key markets such as the United Arab Emirates (22.3 per cent), United Kingdom (7.8 per cent), Germany (9.9 per cent), Spain (15.5 per cent), Japan (20.6 per cent), Egypt (38.3 per cent), Nigeria (21.4 per cent), Senegal (54.4 per cent) and Sudan (205.6 per cent).

The ministry added that the free trade agreement (FTA) developments are expected to improve preferential market access, reduce tariff disadvantages, support supply-chain integration and open new opportunities for textiles, apparel, handicrafts and technical textiles. This will aid market diversification, export growth, investment, technology partnerships and India’s deeper integration into global value chains.

The ministry pointed out that the government has continued to support the sector through key export facilitation and remission measures, including the extension of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme and the RoDTEP scheme beyond 31 March 2026.

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