Moneycontrol PRO
HomeNewsBusinessEconomyIndia’s apparel exports clock double digit growth: Report

India’s apparel exports clock double digit growth: Report

During March this year, Indian textile exports were about 5.81 per cent lower, as compared to March ’24, while apparel exports registered a growth of 3.97 per cent during the same time period.

April 18, 2025 / 21:18 IST
This growth outpaced the performance of overall merchandise exports, which remained largely stagnant during the same period, according to CITI’s analysis.

India’s exports of textiles & apparel grew by 6.32% during the current financial year ended on March 31, 2025, according to an analysis by the Confederation of Indian Textile Industry (CITI), when compared to the previous year, with the apparel segment being the main driver of growth.

“The robust performance in apparel exports and steady growth in textiles amid global headwinds highlight the resilience, adaptability, and global competitiveness of the Indian textile and apparel industry,” said CITI Chairman Rakesh Mehra. He further credited this to the growing momentum in forging new trade alliances and supportive policy decisions by the government, which have helped build confidence among exporters.

“The ongoing trade tensions between the US and China present a strategic opportunity for India, particularly in textile and apparel trade. With the US actively seeking to diversify its sourcing base beyond China, India is well-positioned to emerge as a reliable and preferred partner. However, this will require proactive diplomacy and a concerted effort to secure a more favourable and stable tariff regime,” he observed.

During March this year, Indian textile exports were about 5.81 per cent lower, as compared to March ’24, while apparel exports registered a growth of 3.97 per cent during the same time period. During April ’24-March’25, Indian textiles exports registered a growth of 3.61 per cent over the previous year, while apparel exports registered a growth of 10.03 per cent during the same time period.

This growth outpaced the performance of overall merchandise exports, which remained largely stagnant during the same period, according to CITI’s analysis.

*With Agency Inputs

Moneycontrol News
first published: Apr 18, 2025 09:18 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347