Indian textile exports are showing signs of recovery in 2024-25, with demand from European markets playing a crucial role in boosting figures, according to data from the ministry of commerce and industry.
Exports to Europe during the April-October period reached $5.66 billion, marking a 6.39% increase compared to $5.32 billion in the same period of FY24.
However, the numbers still fall short of the $5.84 billion achieved during FY23, the commerce ministry data showed, highlighting recovery challenges despite growing interest in Indian textiles across key European nations.
According to the Niryat portal of the ministry, ready-made garments (RMGs) led the surge, contributing $3.18 billion. Cotton yarn, fabrics, made-ups, and handloom products followed, accounting for $1.10 billion.
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