India’s Textile Export Diversification Strengthens Sector Amid Global Uncertainty: Giriraj Singh
New Delhi, July 14: Union Textiles Minister Giriraj Singh said India’s textile export diversification strategy has helped the industry maintain steady growth despite global economic uncertainty, with textile products now being exported from 550 districts across the country.
Speaking at the inauguration of Bharat Tex 2026 in New Delhi, Singh highlighted the government’s focus on expanding exports to 40 priority international markets as part of its diversification strategy. He said the initiative has enabled India’s textile sector to remain resilient while strengthening its global competitiveness.
The minister noted that buyers from 130 countries are participating in Bharat Tex 2026, reflecting growing international interest in India’s textile industry. He added that India is actively negotiating Free Trade Agreements (FTAs) with several countries, while some agreements have already been concluded, creating new opportunities for textile exports.
According to Singh, the third edition of Bharat Tex has attracted participants from major markets including the United States, the United Kingdom, Japan, Russia, South Africa, the UAE and Bangladesh, underscoring India’s expanding role in the global textile supply chain.
He also revealed that more than 90% of exhibitors at Bharat Tex 2026 are micro, small and medium enterprises (MSMEs), highlighting the significant contribution of smaller businesses to India’s textile ecosystem.
Singh said the global textile import market is valued at approximately USD 900 billion, and India is working to capture a larger share through trade agreements, export diversification and reforms aimed at improving the ease of doing business.
The minister said the exhibition has attracted not only international buyers but also investors exploring opportunities in India’s textile sector. He added that renowned textile manufacturing hubs such as Tiruppur, Surat, Ichalkaranji, Panipat and Ludhiana continue to strengthen their global position, supported by favourable government policies, including the temporary waiver of import duty on cotton until October.
Looking ahead, Singh reiterated the government’s vision of building a USD 350 billion textile industry by 2030, comprising USD 100 billion in exports and a USD 250 billion domestic market. He noted that India’s domestic textile market has already expanded from USD 138 billion to approximately USD 190 billion during the current government’s tenure.