Market Insights
2025-07-23
In 2024, the total value of India's imports and exports reached $1 trillion, marking a 6.5% increase from 2023, according to the Ministry of Commerce & Industry. Tendata offers critical insights into India's textile import export trends, highlights the fastest-growing sectors, and outlines the best opportunities for textile suppliers in 2024.
Top 5 India Textile Exports in 2024
India's textile industry is a global leader, contributing significantly to the country's export revenue. Here are the top 5 textile exports from India in 2024:
Textile and Apparel Products: $45 billion (15% of total exports)
Home Textiles and Furnishings: $18 billion (5.6% of total exports)
Cotton and Cotton Yarn: $14 billion (4.3% of total exports)
Synthetic Textiles: $9 billion (2.8% of total exports)
Woolen Goods and Fabrics: $5 billion (1.6% of total exports)
>>>> Insights for India's Textile Import/Export <<<<
Fastest-Growing Textile Export Sectors in India
In 2024, India’s textile exports are experiencing rapid growth, especially in certain segments that align with global trends:
Home Textiles and Furnishings: 18.5% YoY growth
Eco-Friendly Textiles (Organic Cotton & Sustainable Fabrics): 22.3% YoY growth
Technical Textiles: 14.9% YoY growth
"Home textiles and sustainable fabric exports are on the rise, with a significant 22.3% growth, driven by global demand for eco-conscious products."
India’s Key Textile Trading Partners in 2024
Understanding India's key trading partners can help you better target your textile exports or imports. Here’s a breakdown of India’s largest textile trade partners in 2024:
United States: 18.2% share
United Arab Emirates: 9.5% share
China: 7.8% share
European Union: 7.5% share
Bangladesh: 6.3% share
"The U.S. is the largest market for Indian textiles, representing 18.2% of total textile exports. Focus on U.S. demand for home textiles and apparel, especially as sustainability trends take hold."
>>>> Find Trade Partner of India's Textile Import/Export <<<<
Why These Trends Matter for Textile Suppliers
India’s textile sector is evolving rapidly, creating valuable opportunities for suppliers to expand and adapt to changing demands. The rise of eco-friendly fabrics and sustainable textiles is especially important for businesses looking to cater to conscious consumers.
Growing Export Demand: The 12.3% YoY growth in textile exports is a strong indicator of sustained global demand, especially in home textiles and sustainable fabrics.
Focus on Sustainability: With a 22.3% growth in eco-friendly textiles, companies specializing in organic cotton or sustainable textile production are well-positioned to benefit.
Technological Advancements: The surge in technical textiles (used in medical, automotive, and protective wear) presents new growth avenues for specialized textile manufacturers.
Insights for Textile Businesses
Leverage Global Trends: The increase in home textiles and eco-friendly fabrics offers a huge opportunity for textile businesses to invest in these fast-growing segments.
Explore Niche Markets: Technical textiles and smart fabrics are gaining popularity in industries like healthcare and automotive. Companies can look into these innovative areas for export opportunities.
Optimize Trade Relationships: With the United States as India’s largest textile trade partner, focusing on U.S. demand can open doors to more sales and partnerships.
>>>> Report of India's Textile Import/Export <<<<
How to Find Textile Trade Opportunities in India
India’s textile industry is one of the largest in the world, with numerous opportunities across various segments. To tap into these opportunities, textile businesses can:
Utilize Trade Insights Tools: Platforms like Trade Insights Tool help you analyze India's textile trade data by HS code, identify key buyers, and evaluate market needs in real-time.
Attend Textile Expos: Trade shows like India International Textile Machinery Exhibition (ITME) or Textiles India provide direct access to key industry players, suppliers, and potential customers.
Focus on Export Data: Use tools like the Export Data Hub to track India's textile export trends by country, category, and growth rate.
>>>> Report of India's Textile Import/Export <<<<
Conclusion
India's textile sector is not only large but also rapidly evolving in 2024. With significant growth in home textiles, sustainable fabrics, and technical textiles, there are abundant opportunities for textile businesses to capitalize on these expanding markets.
By leveraging trade tools, focusing on sustainability trends, and forming strategic partnerships with key trading partners like the United States and the European Union, textile businesses can gain a competitive edge and thrive in the global market.
Category
Leave Message for Demo Request or Questions