India’s Ready-made Garment Exports Surge by 11.4% to US$ 9.85 Billion in FY25

Team Finance Saathi

    18/Dec/2024

What's covered under the Article:

  1. India’s ready-made garment exports increased by 11.4% to US$ 9.85 billion in FY25.
  2. AEPC highlights India’s competitive advantages and sustainable business practices.
  3. Bharat Tex Expo 2025 expected to boost global collaboration and FDI in India.

India’s ready-made garment exports have demonstrated an impressive performance amidst global uncertainties, increasing by 11.4% to reach US$ 9.85 billion (Rs. 83,607 crore) during the April-November period of FY25. This growth highlights the continued strong demand for Made-in-India products globally, as international buyers increasingly turn to India for textile needs. According to the Apparel Export Promotion Council (AEPC), the consistent increase in exports underscores India's competitive edge in the global market.

Impact of Global Demand on India’s Textile Sector

The Apparel Export Promotion Council (AEPC) attributes this growth to the rising global demand for Indian-made garments. This demand is driven by several factors, including shifting geopolitical dynamics, which have prompted businesses to reconsider their supply chains. The growing preference for Made-in-India products reflects the trust international brands are placing in India's textile industry.

India’s strong position in the garment export market is also facilitated by its comprehensive textile value chain and robust raw material base. The AEPC has emphasized that India’s diverse capabilities across the textile sector, from raw material production to finished garment exports, make it an attractive destination for businesses and buyers globally.

India’s Competitive Advantages

Mr. Sudhir Sekhri, AEPC Chairperson, highlighted the country's significant competitive advantages. India benefits from a strong policy framework at both the central and state levels, which ensures the sustainability of the business environment. With sustainable business practices becoming increasingly important globally, India’s factories have made substantial strides to align with these expectations, further boosting its appeal to international brands.

The increasing trust from international buyers is also contributing to the sector's growth, with rising interest in India's garment exports, especially during peak buying seasons such as the festive period. India's potential to attract future investment and business partnerships is expected to increase as geopolitical shifts encourage further relocations to India.

Bharat Tex Expo 2025: A Platform for Global Collaboration

The AEPC has also underscored the role of the upcoming Bharat Tex Expo 2025 in advancing India's textile sector. This expo will showcase India’s entire textile value chain, creating a significant platform for international buyers and retailers to explore opportunities and partnerships. With a positive response already garnered during the Bharat Tex Roadshow, the expo is anticipated to further drive foreign direct investment (FDI) and enhance sourcing networks. As more international brands are expected to partner with India, the Bharat Tex Expo 2025 will play a pivotal role in shaping the future of the Indian textile industry.

India’s textile sector is poised for robust growth in the coming years, especially as more businesses look to diversify their supply chains. The future of the Indian garment export industry appears bright, with international collaborations likely to flourish.

Conclusion

The growing exports of ready-made garments from India highlight the country’s increasing prominence as a global textile hub. With key international events like the Bharat Tex Expo 2025 on the horizon, India's textile and garment sector is set to continue its impressive upward trajectory. As foreign buyers increasingly turn to India for their textile needs, India’s textile industry is establishing itself as a leader in sustainability and quality in the global market.

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