Export

Textile Ministry Unveils Roadmap To Achieve US$100 Billion Textile Exports By 2030

Textile Insights June 25, 2026

The Ministry of Textiles has launched a nationwide initiative aimed at boosting India’s textile and apparel exports to US$ 100 billion by 2030, bringing together state governments, industry associations and exporters at a two-day summit held on Tuesday. The summit served as a platform to

Export

India Gains Ground As China Loses Apparel Share

Textile Insights June 24, 2026

India’s textile and apparel export sector is expected to benefit from shifting global sourcing patterns as China’s dominance in apparel exports continues to weaken, according to a report by Motilal Oswal. The report highlights growing optimism among global apparel brands and retailers, driven by stabilising inventory levels, improved sales trends, and a gradual recovery in

Export

Bangladesh MMF Export Push Faces Headwinds Over Proposed Duties

Textile Insights June 22, 2026

Bangladesh’s efforts to expand exports of man-made fibre (MMF) garments may face new challenges following proposals in the FY27 budget to increase import duties on key synthetic raw materials. The proposed measures include a 5% import duty on polyester staple fibre (PSF) and an increase in duties on PVC resin and PET resin to 10%, […]

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India’s Exports To BRICS Nations Could Cross US$ 200 Billion By 2030: ASSOCHAM

Textile Insights June 22, 2026

India’s exports to BRICS countries could surge beyond US$ 200 billion by 2030, more than doubling from an estimated US$ 96 billion in FY26, according to a new analysis by the ASSOCHAM Global Strategy and Research Centre (AGSRC). The report highlights expanding South-South cooperation, strengthening manufacturing capabilities and evolving trade patterns within the BRICS

Export

India Textile Exports Fall 2% In FY26

Textile Insights June 18, 2026

India’s textile and apparel exports declined by around 2 percent year-on-year in 2025–26, underscoring continued pressure on one of the country’s key merchandise export sectors, according to government and industry data. Exports stood at about US$ 35.80 billion in FY26, down from US$ 36.61 billion in FY25, despite textiles and apparel remaining among India’s top […]

Export

Apparel Export Slump Drags Down Overall T&A Exports In May

Textile Insights June 18, 2026

India’s textile exports recorded modest growth in May 2026, but a steep decline in apparel exports dragged down the overall performance of the country’s textile and apparel sector, according to the latest export analysis by the Confederation of Indian Textile Industry (CITI). During May 2026, textile exports increased by 2.47 percent compared to the same […]

Export

Vietnam Textile Sector Faces Order Slowdown Despite Export Growth

Textile Insights June 1, 2026

Vietnam’s textile and garment industry is facing mounting challenges despite posting export growth in the first four months of 2026, with second-quarter orders projected to decline by 20–25 per cent, raising concerns over a potential slowdown in the months ahead. According to the Vietnam Textile and Apparel Association (VITAS), the country’s textile and garment exports

Export

India Targets US$ 100 Billion Textile Exports By 2030, Pushes For Global Leadership

Textile Insights May 27, 2026

India has set an ambitious target of achieving US$ 100 billion in textile exports and USD 250 billion in textile production by 2030, with Union Finance Minister Nirmala Sitharaman calling for stronger integration across the textile value chain to position the country as a global textile powerhouse. Addressing the TEXPROCIL Export Awards 2023–24 in Mumbai, […]

Export

India Becomes Sri Lanka’s Second-Largest Export Market

Textile Insights May 27, 2026

India has overtaken the United Kingdom to become Sri Lanka’s second-largest export destination during the January-April 2026 period, according to data released by the Sri Lanka Export Development Board. Exports to India rose 8.9 percent to US$ 364.15 million during the four-month period, strengthening bilateral trade ties. However, shipments to India recorded a marginal

Export

Apparel Exports Drag India’s Textile Shipments Lower In April

Textile Insights May 21, 2026

India’s textile and apparel exports declined in April 2026 as a sharp fall in apparel shipments offset moderate growth in textile exports, reflecting continued pressure from weak global demand and geopolitical uncertainties. According to trade data analysed by the Confederation of Indian Textile Industry, overall textile and apparel exports fell to US$ 2.881 billion in