itma 2027

India Achieves 7% Growth in Textile Exports

India’s textile exports, including handicrafts, recorded a 7% increase from April to December 2024, reinforcing the country’s position as a key player in the global textile market. Minister of State for Textiles, Shri Pabitra Margherita, highlighted that India contributes 4% of global textile and apparel exports, with major destinations including the USA, EU, and UK, which account for 53% of total exports in FY 2023-24.

Government Initiatives Driving Growth

The Indian government has implemented various initiatives to boost textile exports and manufacturing. Key schemes include:

  • PM MITRA Parks Scheme – Establishing world-class textile infrastructure.
  • PLI Scheme – Focusing on MMF fabric, apparel, and technical textiles.
  • National Technical Textiles Mission – Promoting research and development.
  • SAMARTH – Capacity-building through skill development programs.
  • Silk Samagra-2 – Enhancing the sericulture value chain.
  • Handloom and Handicraft Development Programs – Supporting artisans and traditional textile sectors.

Raw Material Security & Trade Agreements

India’s textile industry benefits from a vast raw material base, including cotton, silk, wool, jute, and man-made fibers. To stabilize cotton supply and support farmers, the government sets a Minimum Support Price (MSP) annually. Recent policy measures include:

  • Zero customs duty on Extra-Long Staple (ELS) cotton (effective February 2024).
  • 51,000 tonnes of duty-free ELS cotton import under the India-Australia Economic Cooperation and Trade Agreement (ECTA).
  • 14 Free Trade Agreements (FTAs) signed, including recent deals with the UAE, Australia, and the EFTA nations (Switzerland, Iceland, Norway, Liechtenstein).

Enhancing Competitiveness & Export Promotion

To strengthen the industry, the government is implementing:

  • RoSCTL and RoDTEP schemes – Supporting zero-rated exports.
  • Market Access Initiative Scheme – Financial support for trade fairs and buyer-seller meets.
  • National Technical Textiles Mission (NTTM) – Advancing research in biodegradable and sustainable technical textiles.
  • Innovation Challenges – Encouraging startups in textile waste recycling and bio-based fibers.

Regulatory Measures for Quality Control

  • To protect domestic producers, the government has:
  • Imposed a minimum import price of USD 3.50 per kg on low-cost knitted fabrics.
  • Revised customs duties on textile imports.
  • Implemented quality control orders (QCOs) to curb low-quality, non-standard imports.

With these initiatives, India is poised to strengthen its textile industry, expand global trade partnerships, and drive long-term sectoral growth.

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