India’s share of global apparel exports remained largely unchanged at around 3% in 2025, despite a significant decline in China’s share over the past 15 years, according to a PL Capital sector report. China’s share of global apparel exports fell from 36.9% in 2010 to 27.3% in 2025, a decline of
The Indian garment industry is poised for a strong recovery, with ICRA projecting a revenue growth of 12–14% in FY2025 and 9–11% in FY2026, driven by the global China Plus One sourcing strategy and inventory correction by global retailers. This comes after apparel exports from India rose 11.6% year-on-year during April–January FY2025, rebounding from a […]














