January 2, 2025 3:55 PM
India accounts for 3.9% of global textiles and apparel trade
India has solidified its position as the sixth-largest exporter of textiles and apparel worldwide, holding a 3.9% share in global trade. This sector also makes up 8.21% of India's total exports, highlighting its crucial role in the global textile supply chain. During the first half of FY 2024-25, India’s textile and apparel exports reached USD 21,358 million, reflecting a 7% year-on-year growth, according to the Ministry of Textiles. Ready-Made Garments (RMG) led the export categories, contri...