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.

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.

→ India's domestic textile and apparel market, estimated at $157bn in FY25-26, is projected to grow at 11.98% CAGR to $646.96bn by 2033.
→ India's textile exports have reached Rs3 lakh crore ($35.14bn), with a target to triple to Rs9 lakh crore ($105.42bn) by 2030.
→ During FY26 (Apr-Dec 2025), textile and apparel exports stood at $27.31 billion.
→ India has emerged as the second-largest global manufacturer of Personal Protective Equipment, projected to reach $4.83bn by 2033.
→ The India-UK Free Trade Agreement opens transformative opportunities for the textiles, leather and footwear sectors.
→ Cotton production is projected to reach 7.2 million tonnes by 2030.

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

See How These Companies Compare on Cost

The numbers above set the stage. Our Report translates it into a company-by-company cost benchmark — down to the category — so you can see exactly where a business sits against its peers.

Explore the Textiles & Apparels Report