**Executive Summary**
This document details the export performance of readymade garments, textiles, and handlooms from India over five fiscal years (FY 2020-21 to FY 2024-25). It highlights a projected Compound Annual Growth Rate (CAGR) of 1.4% for total textiles and readymade garment exports between FY 2022-23 and FY 2024-25. The document also references a recent trade deal between India and the USA announced on February 2, 2026, and subsequent actions taken by both governments.
**Key Points / Main Content**
**Export Performance (Value in USD Million)**
* **Readymade Garments:** Exports were USD 16,191 million in FY 2022-23, projected to be USD 14,532 million in FY 2023-24 and USD 15,989 million in FY 2024-25.
* **Cotton Textiles:** Exports were USD 11,085 million in FY 2022-23, projected to be USD 12,258 million in FY 2023-24 and USD 12,299 million in FY 2024-25.
* **Man-made Textiles:** Exports were USD 5,412 million in FY 2022-23, projected to be USD 5,081 million in FY 2023-24 and USD 5,295 million in FY 2024-25.
* **Carpets:** Exports were USD 1,366 million in FY 2022-23, projected to be USD 1,395 million in FY 2023-24 and USD 1,541 million in FY 2024-25.
* **Jute Products:** Exports were USD 462 million in FY 2022-23, projected to be USD 353 million in FY 2023-24 and USD 400 million in FY 2024-25.
* **Silk Products:** Exports were USD 95 million in FY 2022-23, projected to be USD 119 million in FY 2023-24 and USD 162 million in FY 2024-25.
* **Wool & Woolen Textiles:** Exports were USD 205 million in FY 2022-23, projected to be USD 192 million in FY 2023-24 and USD 160 million in FY 2024-25.
* **Handloom Products:** Exports were USD 183 million in FY 2022-23, projected to be USD 140 million in FY 2023-24 and USD 142 million in FY 2024-25.
* **Total Textile & Readymade Garments:** Exports were USD 34,997 million in FY 2022-23, projected to be USD 34,072 million in FY 2023-24 and USD 35,988 million in FY 2024-25.
* **Handicrafts:** Exports were USD 1,689 million in FY 2022-23, projected to be USD 1,802 million in FY 2023-24 and USD 1,767 million in FY 2024-25.
* **Total Textiles, Readymade Garments including Handicrafts:** Exports were USD 36,686 million in FY 2022-23, projected to be USD 35,874 million in FY 2023-24 and USD 37,755 million in FY 2024-25.
**Factors Influencing Exports**
* Exports are influenced by price competitiveness, labour costs, productivity, quality standards, raw material availability, logistics efficiency, compliance with regulatory requirements, and destination market tariffs.
* Market access conditions, global demand, exchange rate movements, and trade agreements are also significant factors.
**Recent Trade Developments with the USA**
* A trade deal was announced between India and the USA on February 2, 2026, with a Joint Statement released on February 7, 2026.
* On February 7, 2026, the U.S. removed 25% additional ad valorem tariffs previously imposed on certain Indian exports.
* A U.S. Supreme Court judgment dated February 20, 2026, invalidated reciprocal tariffs, rendering them no longer in force.
* The U.S. Government has issued Executive Orders imposing 10% tariffs on all countries.
**Government Response**
* The Indian Government is studying the implications of these developments and remains engaged with the U.S. Government.
**Impact Analysis**
**Indian Textile and Apparel Exporters**
* **Impact:** May experience shifts in export volumes and revenue due to changes in U.S. tariff policies and market access conditions. The resilience of the sector, demonstrated by diversification and improved capacities, is a mitigating factor.
* **Action Required:** Monitor trade policy changes, adapt export strategies, and remain informed about ongoing government engagement with the U.S.
**Government of India (Ministry of Textiles)**
* **Impact:** Responsible for analyzing the implications of U.S. trade actions on Indian exports and engaging with U.S. authorities.
* **Action Required:** Continue to study developments, engage in diplomatic discussions with the U.S. Government, and formulate policies to support the textile and apparel sector.
**Consumers in the USA**
* **Impact:** May see price adjustments on imported Indian textiles and apparel depending on the impact of the 10% U.S. tariffs.
* **Action Required:** No direct action is specified for consumers in the document.
**India's Economy**
* **Impact:** Fluctuations in textile and apparel exports, a significant sector, can affect foreign exchange earnings and overall economic growth.
* **Action Required:** No direct action is specified for the broader economy in the document.
Key Entities Referenced
Ministry of Textiles: The governing body responsible for policies and initiatives related to textiles and apparel.
THE MINISTER FOR TEXTILES SHRI GIRIRAJ SINGH: The individual providing information and replies to questions in Lok Sabha regarding the textile sector.
US Supreme Court judgement dated 20th February 2026: A legal ruling that invalidated reciprocal tariffs, impacting trade relations.
Executive Orders imposing 10% tariffs: Orders issued by the US Government establishing new tariff rates on goods from various countries.
Lok Sabha: The lower house of the Indian Parliament, where questions and discussions on policy matters take place.
Ministry of Textiles
EXPORT OF READYMADE
GARMENTS/TEXTILES/HANDLOOMS
Posted On: 10 MAR 2026 5:43PM by PIB Delhi
The details of total export of readymade garments/textiles/handloom made during the last five years is as
under:
Value in USD Million
Category FY: FY: FY: FY: FY:
2020-21 2021-22 2022-23 2023-24 2024-25
Readymade garments 12,272 16,015 16,191 14,532 15,989
Cotton textiles 11,128 17,166 11,085 12,258 12,299
Man-made textiles 4,180 6,294 5,412 5,081 5,295
Carpets 1,491 1,790 1,366 1,395 1,541
Jute products 397 537 462 353 400
Silk products 76 109 95 119 162
Wool & Woolen textiles 109 166 205 192 160
Handloom Products 223 269 183 140 142
Total Textile & Readymade garments 29,877 42,347 34,997 34,072 35,988
Handicrafts 1,708 2,088 1,689 1,802 1,767
Total Textiles, Readymade garments 31,585 44,435 36,686 35,874 37,755
including Handicrafts
Source: DGCIS, Provisional Data
The total textiles and readymade garment exports increased from USD 34,997 million in FY 2022–23 to
USD 35,988 million in FY 2024–25, registering a CAGR of 1.4% during the last 03 financial year’s
period. Exports of Textiles and readymade garments, including handicrafts, from India to the USAincreased from USD 10,468 million in FY 2022–23 to USD 10,938 million in FY 2024–25. The exports to
the EU-27 remained broadly stable during the same period, with exports recorded at USD 7,670 million in
FY 2022–23 to USD 7,618 million in FY 2024–25.
The exports to any market depends on several factors, including price competitiveness, labour costs,
productivity, quality standards, availability of raw materials, logistics efficiency, compliance with
regulatory requirements, and tariffs in the destination market. The market access conditions, global
demand, exchange rate movements, and trade agreements also influence export performance. Despite
global economic headwinds, Indian Textile and Apparel exports have demonstrated resilience, supported
by diversification of export destinations, improved manufacturing capacities, and various trade facilitation
and export promotion initiatives undertaken by the Government.
The total Textiles and Apparel, including handicrafts exports from Tamil Nadu during April–January of
FY 2025–26 were USD 6,605.4 million, as compared to USD 6,659.5 million in the corresponding period
of the previous year, reflecting overall resilience in the Sector.
India and the United States announced a trade deal on 2nd February 2026. A Joint Statement for the same
was released on February 07, 2026. On February 07 2026, 25% additional ad valorem tariffs imposed by
the U.S. on certain India’s exports citing India’s imports of Russian oil were removed. Pursuant to US
Supreme Court judgement dated 20th February 2026 invalidating reciprocal tariffs, the reciprocal tariffs
are no longer in force. The US Government has issued Executive Orders imposing 10% tariffs on all
countries. The Government is studying all the developments thereafter for their implications and remains
engaged with the US Government.
This information was provided by THE MINISTER FOR TEXTILES SHRI GIRIRAJ SINGH in a written
reply to a question in Lok Sabha today.
****
MAM/VN
(Lok Sabha US Q2846)
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