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Economic outreach programs
September 2 , 2025
16 hrs 0 min
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- India is planning dedicated outreach programs in 40 countries, including the UK, Japan, and South Korea.
- It aims to push textiles exports amid a 50 per cent tariff imposed by the US on Indian products.
- This is proposed to pursue a targeted approach, positioning itself as a reliable supplier of quality, sustainable, and innovative textile products with the lead role of the Indian industry.
- India already exports to over 220 countries, but the 40 importing countries hold the real key to diversification.
- Together, these 40 countries represent more than USD 590 billion in textile and apparel imports.
- In 2024-25, the overall size of the textile and apparel sector is estimated at USD 179 billion.
- It was comprising a domestic market of USD 142 billion and exports worth USD 37 billion.
- At the global level, the textiles and apparel import market was valued at USD 800.77 billion in 2024.
- India, with a 4.1 per cent share in world trade, ranks as the sixth-largest exporter.
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