New Delhi: India’s textile and apparel exports have shown steady growth over the past five years, with shipments rising from $31.58 billion in 2020-21 to $37.75 billion in 2024-25, Union Minister of Textiles Giriraj Singh informed the Lok Sabha on 16 December.
The expansion translates into a compound annual growth rate of 4.6 per cent, with Indian textile products finding markets in more than 100 countries.
In a written response, the minister said the export performance has remained resilient despite post-pandemic global chain disruptions, driven by higher shipments of ready-made garments. Cotton and man-made fibre textiles, carpets and handicrafts.
To boost global competitiveness, the government has adopted a multi-pronged strategy covering the entire value chain, including high-value segments.
Key initiatives include the approval of seven PM MITRA Parks with an outlay of Rs 4,445 crore to create integrated textile infrastructure and the Production Linked Incentive scheme for textiles worth Rs 10,683 crore to promote man-made fibre apparel, fabrics and technical textiles.
Additional support is being provided through technology upgradation, skill development programmes and export promotion schemes to strengthen India’s position in the global textile trade.
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