Vice President C.P. Radhakrishnan connected Saturday (December 20, 2025) stressed the request for India to participate into much escaped commercialized agreements (FTAs) to summation a level-playing tract with competitors similar Bangladesh successful planetary textile and apparel export markets.
Addressing the Apparel Exports Promotion Council (AEPC) awards lawsuit successful New Delhi, the Vice President observed that previously, not galore countries were competing with america for garment exports globally, but present determination are galore nations, similar Bangladesh, Laos, Cambodia, Vietnam and the African countries.
"So FTA is simply a must... it is the top vantage they (our competing nations) are having," Mr. Radhakrishnan said.
Asserting that India's people is to execute the textile marketplace size of $350 cardinal by 2030, with $100 cardinal successful textile exports, helium urged the apparel manufacture to besides actively research caller markets and follow eco-friendly manufacturing practices, liable sourcing, and strategies to minimise waste.
"Only constraint contiguous is the FTA with America is simply a small uncertain. I deliberation it is lone a substance of time," the Vice President said.
Acknowledging that "there are a batch of constraints" connected the Indian textile and apparel manufacture due to the fact that of the geopolitical situation, helium said, India is the 6th largest exporter of textiles and apparels globally, which stands arsenic a testament to the immense publication of the textile manufacture successful our nation's maturation story.
The Vice President expressed assurance that India's textiles exports volition treble successful the adjacent 3 years.
"We cannot disregard the textile manufacture successful India... It volition grow, and I americium definite you volition beryllium doubling your exports successful the adjacent 3 years," helium said.
India's textiles and apparel exports stood astatine USD 37.75 cardinal successful the past fiscal twelvemonth 2024-25.
Speaking connected the occasion, Sudhir Sekhri, Chairman, AEPC, said, "Despite planetary uncertainties, Indian apparel exports recorded a commendable 10 per cent maturation successful 2024-25. In November 2025 alone, exports grew by 11.3 per cent implicit November 2024, and by 22.1 per cent implicit November 2023. Cumulatively, RMG (ready-made garment) exports during April-November 2025-26 stood astatine USD 10.08 billion, reflecting sustained momentum and resilience contempt planetary headwinds".

5 months ago
1





