India’s vibrant textile sector, currently valued at US$179 billion with exports of US$37.75 billion, is aiming for expansion in the coming years, targeting a US$250 billion domestic market and US$100 billion in exports by 2030, according to government officials.
The textile sector contributes nearly 2 per cent to the country’s GDP and reinforces India’s position as the world’s sixth-largest exporter, commanding a 4.1 per cent share in global trade. This is reported by
IANS, a partner of TV BRICS.
Indian exports reach over 220 countries, and more than 520 districts actively participate in India’s textile sector. Figures reveal that exports for July 2025 grew by 5.37 per cent, reaching US$3.10 billion. The April-July 2025 period witnessed exports of US$12.18 billion, reflecting a 3.87 per cent year-on-year increase.
Segment-wise, the export of ready-made garments (+7.87 per cent), carpets (+3.57 per cent), and jute products (+15.78 per cent) showed positive growth, while handicrafts and man-made fibre (MMF) textiles maintained stable performance.
Photo: Nataliia Suietska /
iStock
Самые
актуальные новости стран БРИКС https://tvbrics.com