At the heart of India’s economic surge lies its textile sector, which has ballooned from 8.4 lakh crore in 2014 to 16 lakh crore, creating millions of jobs and fueling growth. Union Minister Giriraj Singh shared these insights at the 74th India International Garment Fair, emphasizing the domestic market’s leap to 13 lakh crore by 2025 and over 25% export growth post-COVID.
The event has evolved into a global marketplace, trusted by international buyers for quality and scale. Key government actions—QCO, boosted RODTEP/RoSCTL to 50,000 crore, duty tweaks—have removed barriers, enhancing competitiveness.
Export diversification succeeds: 77% to Argentina, 30% Egypt, 20% Poland/Japan, 10% Sweden/France across 40 new countries. India-EU FTA on horizon promises more. Strengths in manpower, materials, and forex, plus indigenous standards (VisionNext, IndiaSize), position India strongly.
AEPC Chairman Dr. A. Sakthivel praised exhibitors’ diversity showcasing production depth and buyers’ engagement reflecting global trust. April-Dec 2025-26 RMG exports: 11,584.3M USD, up 2.4%, with industry poised for exponential gains.