New Delhi, Feb. 12 -- India's readymade garment exports are expected to show significant improvement in fiscal year 2025-2026, according to a new outlook report released by India Ratings and Research (Ind-Ra).
The positive forecast is attributed to increasing demand from key importing nations, including the United States, United Kingdom, and European Union, with restocking activities showing momentum since the third quarter of the current financial year.
The report highlights India's growing market share in global textile exports, driven by importers adopting a China-Plus-One sourcing strategy and ongoing geopolitical challenges in competing export nations, particularly Bangladesh.
Political instability in Bangladesh, coupled with incr...
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