Home / Knowledge / News / Textiles / India's textile exports to newer markets rising
India's textile exports to newer markets rising
Nov '11
India's textile exports to new and non-traditional markets have increased during the last couple of years.

For several years, the Indian textile industry greatly relied on its major export markets of EU and the US. However, after the 2008 global economic meltdown the Indian industry became circumspect about relying much on these western markets, and began exploring newer export markets.

Over the past couple of years, the Indian textile industry has been successful in its endeavour of increasing its exports to new markets. It is evident from the statistics of Global Trade Information Services, Geneva, according to which, the country's cotton textile exports, including made ups, yarn and fabric towards the EU and the US have come down to below 45 percent over the past two years form over 60 percent in 2008-09.

In comparison to the decrease in textile exports to traditional markets, India's textile exports to emerging markets like China, South Korea, Sri Lanka and Bangladesh have gone up considerably during these years.

During last fiscal, India exported around US$ 3,000 million worth of textiles to the EU and the US, exactly the same quantum shipped to the two economies in 2008-09. However, exports to other countries grew from US$ 2,026 million in 2008-09 to US$ 3,782 million during 2010-11.

According to experts, owing to a rapid rise in consumption, trade with intra-Asian markets is bound to increase. In addition, India's domestic consumption is also rising at an annual rate of seven percent.

Exports of other textile segments like clothing accessories and knitted apparels are also following a similar trend. From India's overall exports in these segments of around US$ 4,775 million, exports to the EU markets have dropped to around US$ 2,153 million over the past two years. Also, there has not been any increase in its export levels to the US during the period.

On the other hand, exports to smaller markets greatly stimulated India's apparel exports since the onset of financial crisis. While exports to Australia jumped from US$ 15 million two years ago to US$ 32 million, exports to UAE rose from US$ 368 million to US$ 511 million and those to Djibouti from nil to US$ 13 million.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Interviews View All

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search