India’s Textile-Apparel Exports Clock 7% Growth
India’s Textile-Apparel Exports Clock 7% Growth
New Delhi: India’s overall export of textiles & apparel (including handicrafts) recorded a 7 per cent growth to $21.36 billion during April-October of FY 2024-25, compared to the corresponding figure of $20.01 billion for the same period of FY 2023-24, according to a statement issued by the Ministry of Textiles on Thursday.
Ready-made garments (RMG) exports to the tune of $8.73 billion, constituted the largest share of 41 per cent in India’s total textile exports during April-October of FY 2024-25. Cotton textiles rank second in the export list with a 33 per cent share valued at $7.08 billion followed by man-made textiles (15 per cent, $ 3.105 billion) during the 7-month period of the current financial year.