India's textile exports grew 7 pc to USD 21.35 bn during Apr-Oct period of FY25: Govt
apparel exports, including handicrafts, grew 7 per cent during the April-October period to USD 21.35 billion, the government said on Thursday. The outbound shipments from the sector stood at USD 20 billion in the same period of the previous financial year, FY 2023-24.
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«The Ready Made Garments (RMG) category with exports of USD 8,733 million has the largest share (41 per cent) in the total exports (USD 21,358 million) during the period of April-October of FY 2024-25, followed by Cotton Textiles (33 per cent, USD 7,082 million), Man-Made Textiles (15 per cent, USD 3,105 million),» the Textiles Ministry said.
Growth of exports was observed in all principal commodities during April-October of FY 2024-25, as compared to corresponding period of FY 2023-24, except wool and handloom, which declined by 19 per cent and 6 per cent, respectively, the Ministry said.
Meanwhile, the overall import of textiles and apparel including handicrafts declined 1 per cent during the April-October period of FY 2024-25 (USD 5,425 million), compared to the same period of FY 2023-24 (USD 5,464 million).
The man-made textiles category with import of USD 1,859 million has the largest share (34 per cent) in the total imports (USD 5,425 million) during the period of April-October of FY 2024-25, as there is a demand-supply gap in this sector, the
