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India's T&A exports rise to $26 bn in April-Dec on falling rupee

17 Jan '25
3 min read
India's T&A exports rise to $26 bn in Jan-Dec on falling rupee
India's T&A exports rise to $26 bn in Jan-Dec on falling rupee

Insights

  • India's textile and apparel (T&A) exports grew by ********% to $************ billion in the first nine months of FY25.
  • December 2024 saw a ********% rise, with apparel exports up ********%.
  • Textile exports increased by ********% to $********* billion.
  • Raw cotton imports surged by ********%.
  • For FY24, total T&A exports were $************ billion, down ********% from FY23.

December **** recorded robust growth, with exports increasing by **.** per cent. Apparel exports, in particular, surged by **.** per cent. Textile exports also saw robust growth similar to garment exports, probably helped by the recent fall in the Indian Rupee against the US dollar. A weaker Indian currency benefited Indian exporters in the global market.

Textile exports grew by *.** per cent to $**.*** billion in the first nine months of FY**, compared to $**.*** billion in the same period of the previous year. Apparel exports rose by **.** per cent, reaching $**.*** billion, up from $**.*** billion in the corresponding period last fiscal. The share of T&A in India’s total merchandise exports increased to *.** per cent during this period, according to the Ministry of Commerce and Trade.

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