Did India’s textiles exports exceed $37.75 billion in 2024-25?
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Synopsis
India's textiles and apparel exports have hit a remarkable $37.75 billion in 2024-25, showcasing a solid growth of 5% from the previous year. This growth is supported by government initiatives aimed at bolstering investment and job creation in the textile sector.
Key Takeaways
- India's textiles exports surpassed $37.75 billion in 2024-25.
- This marks a 5% growth compared to the previous year.
- The government is implementing initiatives like PM MITRA Parks and Samarth scheme.
- Infrastructure projects worth Rs 1,197.33 crore are underway.
- A total of 457,724 beneficiaries have been trained under the Samarth scheme.
New Delhi, Aug 1 (NationPress) India's total textiles and apparel exports have exceeded $37.75 billion in the financial year 2024-25, marking a 5 percent increase from the previous year's figure of $35.87 billion, as informed to Parliament on Friday.
Minister of State for Textiles, Pabitra Margherita, shared in a written response in the Rajya Sabha that the government is rolling out various initiatives aimed at attracting investments, creating jobs, and boosting exports within the textile domain.
Seven sites have been sanctioned for the establishment of PM MITRA Parks, located in Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh.
State governments have commenced infrastructure projects worth Rs 1,197.33 crore to develop external facilities leading up to the Park gates, with an expenditure of Rs 291.61 crore already incurred, the minister noted.
Additionally, the government is executing the National Handloom Development Programme and the Raw Material Supply Scheme to modernize and reinforce the handloom sector and support handloom workers nationwide.
These initiatives provide financial aid to qualifying handloom agencies and workers for raw materials, upgraded looms and accessories, solar lighting, construction of workspaces, product diversification and design innovation, as well as technical and common infrastructure, marketing handloom products both domestically and internationally, concessional loans through the weaver’s MUDRA scheme, and social security, the minister elaborated.
Moreover, the government is advancing the Samarth scheme aimed at capacity building within the textiles sector. This scheme plans to offer demand-responsive, placement-oriented skill development programs to align with industry efforts in generating jobs across the organized textile and related sectors, covering the entire textile value chain, excluding spinning and weaving.
As of July 24, the Samarth scheme has successfully trained 457,724 beneficiaries, including those in traditional sectors like handloom and handicrafts, as highlighted by the minister.
Point of View
I believe that India's remarkable growth in textile exports is a testament to the government's commitment to enhancing the sector's capabilities and competitiveness on a global scale. The initiatives to bolster investments and create jobs reflect a strategic approach that aligns with the nation's broader economic goals. Nation supports this endeavor, recognizing the vital role of textiles in our economy and culture.
NationPress
05/10/2025
Frequently Asked Questions
What is the total value of India's textiles exports for 2024-25?
India's textiles and apparel exports reached $37.75 billion in 2024-25.
How much did India's textile exports increase from the previous year?
There was a 5% increase from the previous year's total of $35.87 billion.
What initiatives is the government implementing to boost the textile sector?
The government is launching various schemes, including PM MITRA Parks and the Samarth scheme, to enhance investments and create job opportunities in the textile sector.
How many beneficiaries have been trained under the Samarth scheme?
As of July 24, a total of 457,724 beneficiaries have been trained under the Samarth scheme.
What is the objective of the National Handloom Development Programme?
The programme aims to modernize and strengthen the handloom sector and support the welfare of handloom workers across India.
