Morocco has advanced to the eighth position among the European Union’s top textile and apparel suppliers, according to the Moroccan Association of Textile and Apparel Industries (AMITH). This marks a continued rise from 10th in 2023 and 9th in 2024, fueled by strong export performance in early
Bangladesh’s exports rose 11.44% year-on-year to US$ 4.25 billion in March, propelled by sustained momentum in the readymade garment (RMG) sector, according to data released by the Export Promotion Bureau (EPB). With this growth, the country’s total export earnings for the first nine months of FY2024-25 reached US$ 37.19 billion, reflecting a 10.63% increase from […]
India must make strategic policy interventions, foster innovation, secure financial backing, and enhance marketing strategies to propel the sector toward the ambitious target of US$ 350 billion by 2030, writes Sandeep Dangi. The Indian textile industry, one of the oldest and most significant contributors to the country’s economy, stands at a critical juncture. With recent
India has set an ambitious target of increasing its textile and apparel (T&A) exports from US$ 34.8 billion in FY24 to US$ 100 billion by 2030. However, this goal appears challenging unless substantial, game-changing reforms are introduced. Historically, India’s T&A exports have grown from US$ 11.5 billion in FY01 to US$ 34.8 billion in FY24, […]
Bangladesh’s readymade garment (RMG) exports to the European Union (EU) recorded a strong 61% growth in January 2025, outpacing major competitors such as China, Vietnam, Turkey, and India. According to Eurostat data released on March 18, Bangladesh’s apparel exports to the EU reached €1.91 billion in January 2025, up from €1.18 billion in January 2024. […]
Pakistan’s textile exports fell sharply by US$ 272.6 million in February compared to January, as high production costs driven by expensive electricity continue to pressure the sector. According to data from the Pakistan Hosiery Manufacturers Association (PHMA), textile exports stood at US$ 1.41 billion in February, down from US$ 1.68 billion in January. Knitwear exports
India’s apparel exports registered a strong growth of 12.9% in December 2024 compared to the same month in 2023, despite global economic challenges and subdued demand from major markets. The cumulative exports for April–December 2024-25 reached US$ 11,316.2 million, reflecting a growth of 11.6% over the corresponding period in 2023-24. Commenting on this performance,
India’s textile and apparel exports recorded remarkable growth in December 2024, with the Confederation of Indian Textile Industry (CITI) reporting a 12.76% increase in textile exports and a 12.89% rise in apparel exports compared to December 2023. The combined growth for the month stood at 12.82%, reflecting the sector’s resilience and strong performance. From
The Hon’ble Minister of Textiles, Giriraj Singh, met today with representatives from MODIFI to discuss advanced trade financing solutions aimed at empowering Indian textile exporters. The discussions focused on addressing the complexities of global trade while leveraging emerging opportunities amidst ongoing geopolitical and economic shifts. The MODIFI delegation, led by
As the world shifts toward sustainable and design-focused home solutions, the global home textiles industry is poised for transformation as advances in technology, coupled with increasing consumer awareness of eco-friendly products, are set to redefine the sector, writes Henry Dsouza, Associate Editor, Textile Insights The global home textiles industry, a key pillar of the