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India Textile Exports Fall 2% In FY26

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 […]
Industry

Coimbatore Industry Welcomes ECLGS 5.0 Support

Textile industry bodies and MSME associations in Coimbatore have welcomed the introduction of the Emergency Credit Linked Guarantee Scheme (ECLGS) 5.0, stating that it will provide critical liquidity support to businesses facing challenging global conditions. Southern India Mills’ Association Chairman Durai Palanisamy said the textile industry has been struggling