New Delhi buzzed with optimism as Union Minister Giriraj Singh unveiled staggering figures on India’s textile renaissance at the prestigious 74th India International Garment Fair. Over ten years, the sector has doubled in size from 8.4 lakh crore to around 16 lakh crore rupees, cementing its status as a major job creator.
The domestic market tells an even more compelling story: surging from 6 lakh crore to 13 lakh crore by 2025. Exports have rebounded spectacularly post-pandemic, posting over 25% growth, a testament to India’s manufacturing might on the world stage.
No longer just a local event, IIGF has become a magnet for international buyers, fostering deals and partnerships. Singh lauded policy interventions under PM Modi, including dismantling red tape, ramping up RODTEP and RoSCTL allocations to 50,000 crore rupees, easing import duties temporarily, and fixing duty inversions alongside QCO implementations.
Strategic export pushes into 40 new territories are yielding fruits—Argentina saw a 77% spike, Egypt 30%, Poland and Japan 20% each, Sweden and France 10%. An upcoming India-EU FTA is set to supercharge this momentum.
With demographic dividends, raw material abundance, and forex strength, India is primed for dominance. Homegrown standards via VisionNext and IndiaSize mark a shift towards self-reliance. Dr. A. Sakthivel of AEPC noted the diverse exhibitors reflecting India’s robust supply chain, while global participation underscores trust. RMG exports for April-December 2025-26 hit 11,584.3 million USD, a 2.4% rise year-on-year, signaling sustained upward trajectory.