New Delhi [India], April 22 (ANI): India’s textile exports, together with handicrafts, recorded a development of two.1 per cent in FY 2025-26, reaching Rs 3,16,334.9 crore in comparison with Rs 3,09,859.3 crore within the earlier monetary yr, in accordance with information launched by the Ministry of Textiles on Wednesday.
The regular efficiency highlights sustained world demand for Indian textile merchandise and the continued competitiveness of the sector throughout main product classes, information said.
The information underlines that throughout the main segments, Ready-Made Garments (RMG) continued to be the biggest contributor to India’s textile exports. The section rose from Rs 1,35,427.6 crore in FY 2024-25 to Rs 1,39,349.6 crore in FY 2025-26, registering a development of two.9 per cent.
The ministry mentioned that the cotton yarn, materials, made-ups and handloom merchandise reported secure efficiency, with exports growing marginally from Rs 1,02,002.8 crore to Rs 1,02,399.7 crore, reflecting a development of 0.4 per cent. Man-made yarn, materials and made-ups posted comparatively stronger development of three.6 per cent, rising from Rs 41,196 crore to Rs 42,687.8 crore throughout the identical interval.
The information highlights that within the value-added section, handicrafts excluding handmade carpets emerged because the fastest-growing class amongst main segments, increasing by 6.1 per cent from Rs 14,945.5 crore to Rs 15,855.1 crore.
The ministry famous that export development was recorded in over 120 locations between April 2025 and February 2026 in comparison with the corresponding interval of the earlier yr, indicating broad-based geographical enlargement of India’s textile export basket.
Key export markets confirmed notable will increase, together with 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 authorities has supported the sector by way of export facilitation and remission measures, together with the extension of the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme and the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme past March 31, 2026.
India’s Free Trade Agreement (FTA) agenda additionally witnessed important developments throughout 2025-26, with agreements involving EFTA TEPA, UK CETA, Oman CEPA, New Zealand FTA announcement, and India-EU FTA conclusion, that are anticipated to boost market entry and strengthen world worth chain integration for the textile sector.
The ministry mentioned the continued export development displays coverage help, increasing world attain, and rising alternatives for value-added textile merchandise. (ANI)