West’s demand for summer wear boosts India’s textile exports by 5.4% in April-May

India’s textile exports rose to US$ 5.86 billion in the first two months of FY25, an increase of 5.4% from US$ 5.56 billion in the same period a year ago, according to commerce ministry data. This rise resulted from a higher demand for summer clothes in the Western world. Exports of cotton yarn, fabrics, and handloom products increased by 8.24% to US$ 1.95 billion in April-May from US$ 1.8 billion a year ago. The increase in demand is attributed to various factors, including a post-pandemic recovery in consumer spending, a preference for lightweight and breathable fabrics during the warm months, and the growing popularity of sustainable and ethically produced garments from India.

A surge in readymade garment exports also contributed to this growth as their export value rose by 4.47% to US$ 2.55 billion in April-May 2024 from US$ 2.4 billion in April-May 2023. Handicrafts and handmade carpets also saw remarkable growth, with exports climbing by 11.49% to US$ 273.66 million from US$ 245.46 million, while Carpet exports rose 11.76% to US$ 241.81 million from US$ 216.37 million. As per a senior government official, this positive export trend is expected to continue, further strengthening the textile sector and contributing to the country's overall economic growth. Countries that import Indian textiles include Germany, Sweden, and Spain.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.