India's textile exports, which include handicrafts, experienced a 2.1% increase, totaling ₹3.16 lakh crore (approximately $38 billion USD) for the financial year ending March 2026, according to the textile ministry. This growth is notable given the steep tariffs imposed by the United States, which is India's largest export destination. Tariffs escalated from 10% to 50% during the fiscal year, yet Indian textile products maintained competitiveness, reflecting strong global demand. Significant growth was observed in exports to markets such as the UAE (22.3%), UK (7.8%), and Egypt (38.3%). Ready-made garments remained the largest segment, contributing ₹1.39 lakh crore, while handicrafts (excluding handmade carpets) showed the highest growth at 6.1%. The Apparel Export Promotion Council highlighted the resilience of the industry and emphasized the importance of upcoming Free Trade Agreements with the UK and EU, which are expected to enhance competitiveness and market access. Continued government support through schemes like the Rebate of State and Central Taxes and Levies (RoSCTL) is crucial for sustaining this export momentum.