India stands as one of the foremost hubs for textile production globally, trailing only behind China in output. With a textile industry valued at over 200 billion U.S. dollars, it contributes significantly, comprising around two percent of the nation’s GDP. Leading the charge in this sector are states like Gujarat, Maharashtra, and Tamil Nadu. India's prominence in textile production extends to various materials; it is among the largest producers of cotton and jute globally. Moreover, India holds the distinction of being the world's second-largest producer of silk, with a staggering 95% of hand-woven fabric originating from its workshops.

Trends in the Export of Textiles:
India holds a 4% share in the global trade of textiles and apparel, making it the third-largest exporter in this sector. The country exports textiles and apparel to over 100 nations, with ready-made garments leading the exports, followed by cotton textiles and man-made textiles in the financial year 2023. Major export destinations include the United States and the European Union. Total textile exports are projected to reach $65 billion by FY26, with an expected growth rate of 10% CAGR from 2019-20, reaching $190 billion by 2025-26.