Sector Snapshot · Textiles & Apparels

India's Textile Exports Target a Tripling by 2030

A fast-read primer on India's textiles and apparel sector — the backdrop against which we benchmark every company's cost structure in this category.

#2
World's second-largest textile & garment producer
4.6%
India's share of global textiles & apparel trade
US$157 bn
Domestic market size, FY25-26
US$35.14 bn
Textile exports (target: triple by 2030)
2.3%
Textiles' contribution to India's GDP

Domestic Market and Exports Are Both Set to Scale

The domestic market is projected to more than quadruple by 2033, alongside an ambitious export tripling target.

Domestic Textile & Apparel Market (US$ billion)

FY25-26 → 2033 forecast

$157bn
FY25-26
$646.96bn
2033F

Textile Exports (US$ billion)

Current → 2030 target

$35.14bn
Current
$105.42bn
2030 Target

What's Pushing the Sector Forward

Global scale, an ambitious export push, and strong policy support define the sector.

Global Scale
  • 2nd-largest textile/garment producer, 6th-largest exporter
Export Ambition
  • Exports targeted to triple to $105.42bn by 2030
Policy Support
  • 100% FDI under the automatic route
  • Rs5,279cr Budget FY27 allocation to the Ministry of Textiles

Recent Developments

A sample of the industry-wide and policy moves shaping the sector through early 2026.

Companies We Benchmark in This Sector

Listed Indian Textiles & Apparels companies in tDoBe's cost-benchmarking coverage.

Page Industries
K P R Mill Ltd
Vardhman Textiles
Welspun Living
Arvind Ltd
Trident
Pearl Global Industries
Indo Count Industries
Garware Technical Fibres
Gokaldas Exports
Kusumgar Corporates
Alok Industries
PDS Ltd
Raymond Lifestyle
Sanathan Textiles
Jindal Worldwide
Lux Industries
Filatex India

The Cost Benchmark — What We Actually FoundtDoBe Think Report

The market facts above are public background. What follows is tDoBe's own work: every "Other Expenses" line from these companies' own financial records, read by hand and sorted into one clear set of categories — not a keyword search, not each company's own way of reporting it.

23.1%
tDoBe Average — Other Expenses as % of net revenue
1.9×
Gap between the highest and lowest company
17
Cost categories, sorted by meaning
6.3%
Biggest single category — Miscellaneous/Others
FY25/26
Latest available financial records

Where Companies Land — Total Other Expenses

Each mark is one company's total Other Expenses as % of net revenue. No company is named here.

23.1%
0%10%20%30%40%50%

tDoBe Average by Cost Category

Ranked from biggest to smallest.

Miscellaneous/Others
6.3%
Power & Fuel/Utilities
6.0%
Manpower Supply/Contract Labour
2.6%
Freight/Distribution & Logistics
2.4%
Legal & Professional Fees
1.6%
Total Other Expenses
23.1%
Where the Cost Really Sits

Miscellaneous/Others leads at 6.3% of revenue, closely followed by Power & Fuel/Utilities (6.0%) — dyeing, spinning, weaving and processing are all energy-intensive steps, and every one of the seven companies discloses a material power and fuel line.

Why the Range Is Narrow

Seven textile and apparel manufacturers, all running broadly similar spinning, weaving and processing operations, land within a 1.9x band of each other — the tightest spread we've measured in this project to date.

Every Company Counted

All seven companies collected for this sector are used in every ratio, with no exclusions.

See Where Your Own Company Stands

This is the free, sector-wide view. It tells you where Textiles & Apparels stands as a whole — not where your own company stands against it, category by category, in rupees.

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$999
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Consulting
$4,999
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Compiled from public government and industry sources, February 2026 update · Figures rounded · tDoBe sector snapshot, for informational purposes · Cost Benchmark findings compiled from companies' own financial records, FY2025/26.