Powered by: Motilal Oswal
2025-12-18 01:55:01 pm | Source: Accord Fintech
India`s textiles exports report growth in November despite steep US tariffs
India`s textiles exports report growth in November despite steep US tariffs

The textiles ministry has said that the exports of textiles and apparel including handicrafts from India rose 9.4% on year-on-year (YoY) to $2.85 billion in November 2025 from $2.60 billion in November 2024. The ministry has pointed that the US is the largest export market for India's textile and apparel industry despite of steep 50% tariffs imposed on Indian goods.

The Indian textile and apparel industry is estimated at $179 billion in 2024-25. During the period, domestic market for Indian textile and apparel is projected at $142 billion, while export market valued at $37 billion. In November 2025, the key segments like ready-made garments (RMG), man-made yarn/fabrics/ made-ups, cotton yarn/fabrics/made-ups and handloom products and handicrafts, have registered considerable growth. In November 2025, the RMG segment reported 11.30% rise, while man-made yarn/fabrics/ made-ups and cotton yarn/fabrics/made-ups and handloom products grew 15.70% and 4.10%, respectively. Further, output of handicrafts (excluding handmade carpets) surged 29.70%.

The ministry noted that the exports of RMG rose 3.60% YoY during the January-November 2025. Meanwhile, exports of jute products reported 6.10% YoY growth during the same period. Further, the cumulative exports of textiles and apparel (excluding handicrafts) during January-November grew marginally to $32.56 billion as compared to $ 32.47 billion in the same period last year.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here