India exported $12258 million worth of cotton textiles in 2023-24, a decline of almost 29 percent when compared to the export figures of 2021-22, States data tabled in the Rajya Sabha during the ongoing winter session. Compared to the $17166 million worth of exports clocked in 2021-22, the quantum of cotton fabrics and madeups exported from India during 2023-24 fell by 19 percent, while cotton yarn saw a decline of 31 percent the same year, states data provided by Minister of State Pabitra Margherita as part of a written reply provided to a question asked by MP Parimal Nathwani. The exports of raw cotton too declined by 60 percent.
However, the exports of other textile yarns and madeups during 2023-24 saw an increase of 12 percent. From a high of $17166 million in 2021-22, India’s exports had plummeted to $11085 million in 2022-23. Thereafter, the next fiscal the value of exported goods rose by 11 percent.
United States, Bangladesh, China, Sri Lanka and UAE are some of the markets where Indian cotton textiles get exported to. Gujarat, which accounts for almost 30 percent of India’s cotton textile exports saw exports dip from a high of $4760 million in 2021-22 to $3615 million in 2023-24. In cotton production, Gujarat leads major states with the State crossing a production of 90 lakh bales of 170 kilograms each during the period between October-September 2023-24.
Between 2021-22 and 2023-24, Gujarat saw a 20 percent rise in cotton production. In comparison, Maharashtra , t.
