March 21, 2025 4:29 PM
India sets new record with 7% rise in textile exports, government implements multiple schemes to boost sector
India continues to rank among the top textile-exporting nations, holding a 4% share in global textiles and apparel exports. In a written reply to a question in Lok Sabha on Friday, the Ministry of Textiles reported a 7% increase in textile and apparel exports, including handicrafts, from April to December 2024, compared to the same period the previous year. Key export markets for Indian textiles—namely the USA, European Union, and UK—accounted for 53% of total exports during FY 2023-24. To ...