Business Standard
The country's textiles and garment exports fell 2.2 per cent to USD 35.8 billion in 2025-26 due to contraction in shipments of key segments such as cotton, think tank GTRI said on Saturday. In rupee terms too, the exports fell 2.1 per cent during the last fiscal. GTRI said the declining pattern is visible across major segments - cotton textiles (- 3.9 per cent), ready-made garments (- 1.4 per cent), and carpets (- 5.3 per cent). Only handicrafts grew slightly by 1.5 per cent during the fiscal. The contrast between INR and USD growth highlights a deeper structural concern, the Global Trade Research Initiative (GTRI) said. Its founder Ajay Srivastava said India is exporting more in value terms domestically, but earning fewer dollars globally. For instance, man-made textiles show a 3.6 per cent rise in INR(Indian Rupee) but a 0.8 per cent decline in dollar terms, and garments show a 2.9 per cent INR increase despite a 1.4 per cent dollar contraction, he said. This suggests that ..
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