The global supply chain is shifting due to the crisis in Bangladesh, which is benefiting India’s garment import orders.
Recent government trade data shows that garment exports increased by 35% year-on-year in October, while textile exports rose by 11.56%.
Rakesh Mehra, president of the Confederation of Indian Textile Industry, highlighted several reasons for this progress. These include a larger share of Indian textiles in the U.S. market, supportive government initiatives, and India’s role as a preferred sourcing destination.
Sudhir Sekhri, Chairman of AEPC, noted that despite global challenges and disruptions caused by ongoing wars, India’s Ready-Made Garment (RMG) exports have achieved record growth. He attributes this success to the industry’s emphasis on quality and sustainability. Additionally, India has performed well in Free Trade Agreement (FTA) markets such as South Korea, Japan, Australia, and Mauritius.
Sekhri also mentioned that Bharat Tex 2025, India’s biggest textile fair, will take place next year. This event is expected to attract global buyers and brands, who are eager to source from India. Roadshows and roundtables to invite these buyers have received positive responses.
Mithileshwar Thakur, Secretary General of AEPC, added that the current supply chain reorganization due to the crisis in Bangladesh and disruptions in traditional trade routes offer a crucial opportunity. He urged the government to support this labor-intensive sector through initiatives like handholding, capacity building, skilling, investment, and sustained financial backing.
