Apparel exports from India recorded a significant 12.9 per cent growth in December 2024 compared to the same month last year, according to Sudhir Sekhri, Chairman of the Apparel Export Promotion Council (AEPC). He highlighted that the sector has maintained robust growth over the past six months despite global challenges and subdued demand from major markets.
Sekhri emphasized that this is an opportune time for India to strengthen its global footprint by entering new markets and leveraging platforms like Bharat Tex 2025. The upcoming expo will facilitate new business alliances, expand sourcing networks, and promote Foreign Direct Investment (FDI) in the Indian textile sector.
From April to December 2024-25, ready-made garment (RMG) exports totaled $11,316.2 million, marking an 11.6 per cent increase compared to the previous year. India also achieved impressive growth in key markets: 14.3 per cent in the USA, 8.1 per cent in the UK, 9 per cent in Germany, 20.7 per cent in Spain, and 33.6 per cent in the Netherlands. Notably, exports to free trade agreement (FTA) markets like Korea (22.7 per cent), Japan (9 per cent), Australia (9.8 per cent), and Mauritius (16.6 per cent) also surged.
Sekhri attributed this success to improved product acceptance, compliance-focused factories, and industry-friendly government policies. He expressed optimism about the long-term outlook for Indian apparel exports, driven by adaptability to changing consumer trends and innovation.
Bharat Tex 2025 promises to be a vibrant platform showcasing the synergy of sustainability, global branding, and innovation, enabling the industry to scale greater heights.
