Ready-made garment export value from India FY 2024, by leading destination

India exported ready-made garments worth over 390 billion Indian rupees to the United States in fiscal year 2024. RMG was one among the leading export commodities of the country. During fiscal year 2024, RMG cotton accounted for the largest value among textile exports. RMG silk and woolen garments Over the last few years, India emerged as one of the major exporters of woolen garments. The export value of ready-made woolen garments from the country was higher than that of silk garments in the fiscal year of 2019. The majority of wool production, on the other hand, comes from ewes, due to their population. However, lamb and ram together contribute to about one-third of the wool production. India’s apparel market India is the world's second-largest textile and clothing exporter. According to research, the Indian apparel market value would be worth nearly 77 billion U.S. dollars by 2022. Moreover, the value of the domestic apparel market in the country has also had significant growth. The demand for textiles is mainly driven by increased penetration of the organized sector. This was evident with the inflow of FDI in the sector in the last decade.

在财政年度2024年，印度向美国出口了价值超过3900亿印度卢比的成衣，成衣出口是该国的领先出口商品之一。在这一财政年度，成衣中的棉制品在纺织出口中占据了最大的价值份额。在过去几年中，印度已成为羊毛制品的主要出口国之一。该国成衣羊毛出口的价值在2019财政年度超过了丝绸制品。另一方面，由于羊群数量众多，羊毛的主要生产来自母羊。然而，绵羊和公羊的总产量约占羊毛总产量的三分之一。印度的服装市场作为全球第二大纺织和服装出口国，印度的服装市场价值预计到2022年将达到近770亿美元。此外，国内服装市场的价值也经历了显著增长。纺织品的消费需求主要受组织化部门渗透率的提高所驱动。在过去十年中，该领域的FDI流入充分证明了这一点。