India’s home textile exports rise 10% in 9M FY2025: ICRA

India’s home textile exports grew 10 per cent in 9M FY2025, up from 3 per cent in FY2024, driven by global demand, the China Plus One strategy, and inventory restocking, according to ICRA. Revenues are projected to grow 7–9 per cent in FY2025. The US remains the top market, while rising logistics costs may slightly dent margins. Growth prospects hinge on global trade developments and retail recovery.

Apr 3, 2025 - 04:04
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India’s home textile exports rise 10% in 9M FY2025: ICRA
India’s home textile exports grew 10 per cent in 9M FY2025, up from 3 per cent in FY2024, driven by global demand, the China Plus One strategy, and inventory restocking, according to ICRA. Revenues are projected to grow 7–9 per cent in FY2025. The US remains the top market, while rising logistics costs may slightly dent margins. Growth prospects hinge on global trade developments and retail recovery.