Hyderabad (Telangana) [India], April 3 (ANI): Telangana Industries Minister D. Sridhar Babu on Thursday mentioned that international developments comparable to US tariff measures and the continued West Asia battle are impacting the textile trade, and harassed the necessity for India to concentrate on its massive home market to maintain development.
Speaking to the media on the thirteenth Asian Textile Conference (ATEXCON 2026), the minister highlighted that the textile sector was among the many first to be affected by rising commerce obstacles.
‘Over a interval of a yr or so, when the USA imposed excessive tariffs, the primary trade which acquired impacted was textiles. And now that the brand new disaster has come, we now have to essentially see that we will not cease this trade,’ he mentioned.
He emphasised that India has the mandatory strengths to construct a resilient textile ecosystem by leveraging its home capabilities.
‘We have an enormous market right here. How will we faucet the massive market in India itself? We have expertise, we now have ability, we now have weavers… a mixture of these items can do miracles,’ he added.
The minister additionally pointed to India’s massive inhabitants and consumption potential as a key benefit.
‘If you see 140 crore inhabitants and the quantity of consumption of textiles right here alone in India shall be sufficient for any textile huge leaders,’ he famous.
According to knowledge from the Ministry of Textiles, India’s international textile and attire exports, together with handicrafts, stood at USD 37.75 billion in 2024-25, registering a development of 5.2 per cent in comparison with USD 35.87 billion in 2023-24. India ranked because the sixth largest exporter of textiles and attire on the planet in 2024.
India’s textile trade is among the largest globally, supported by a robust uncooked materials base of pure fibres comparable to cotton, silk, wool and jute, together with man-made fibres. The nation additionally has manufacturing energy throughout the whole worth chain, from fibre to material to clothes.
Key export markets for Indian textiles embody the UAE, which recorded a development of 14.5 per cent in 2025, the UK at 1.5 per cent, Japan at 19.0 per cent, Germany at 2.9 per cent, Spain at 9.0 per cent and France at 9.2 per cent. Other markets comparable to Egypt (27 per cent), Saudi Arabia (12.5 per cent) and Hong Kong (69 per cent) additionally confirmed sturdy development.
Sridhar Babu additional mentioned that the trade should adapt to altering international dynamics by integrating conventional strengths with fashionable expertise.
‘We must create a bridge between our inheritance and the trendy world… expertise is taking a distinct flip and the that means for textiles has to alter,’ he mentioned.
He added that the sector holds vital potential for employment technology and requires a balanced strategy that helps farmers, weavers and buyers alike.
‘This is the one trade the place potential is there to create the biggest employment. We will significantly view this as an essential trade,’ he mentioned. (ANI)