India's Textile Exports Set to Reach $65 Billion by 2025-26: Invest India

Invest India Projects That India's Textile Exports Will Hit $65 Billion by 2025–2026

India’s textile industry is poised for significant growth, with exports projected to hit $65 billion by the financial year 2025-26, according to a report by Invest India. This optimistic forecast underscores the robust expansion of the sector, driven by strong demand in both domestic and international markets.

In 2022, the Indian textile and apparel market was valued at approximately $165 billion, with the domestic segment contributing $125 billion and exports accounting for $40 billion. The industry is expected to continue its upward trajectory, with projections indicating a compound annual growth rate (CAGR) of 10 percent. By 2030, the total production value for textiles in India—encompassing both domestic consumption and exports—is expected to reach $350 billion.

Invest India attributes this rapid expansion to the visionary "fibre-to-fashion" approach championed by Prime Minister Modi. This initiative is not only propelling India’s textile industry onto the global stage but is also enhancing the technological capabilities and competitiveness of domestic players. "PM Modi's bold fibre-to-fashion vision is guiding the textile industry to become a driving force in the global market while bringing competence and technology to local players," Invest India stated in a post on the social media platform X.

The growth of India's textile sector is also expected to create significant employment opportunities and contribute to the overall economic development of the country. As the industry continues to evolve, it will likely attract increased investment in innovation, sustainable practices, and advanced manufacturing technologies, further solidifying India's position as a global leader in textiles.

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