India's exports of textiles, apparel, and handicrafts surpassed $33.5 billion in the 2025-2026 financial year, reaching over 100 countries. This represents a steady increase from the $30.7 billion exported in 2023-2024. India's Minister of State for Textiles, Pabitra Margherita, stated the government is actively monitoring performance and working with industry players to boost competitiveness.
To support this growth, the government is executing a market diversification strategy focused on 40 priority countries. Additionally, they temporarily suspended cotton import duties from June to October 2026 to ensure manufacturers have adequate raw materials and approved a long-term program (2026-2031) designed to improve domestic cotton productivity and quality. The story is from Safras & TV BRICS.