Suketu Shah, CEO of Vishal Fabrics Ltd.
As 2025 draws to a close, India’s textile industry is closing the year on a stable and optimistic note, supported by shifting global trade patterns, stronger competitiveness, and steady policy support. The sector continues to contribute about 2% to India’s GDP and 11% to manufacturing GVA. Export performance also improved, rising 7% to $21.36 billion between April and October FY25.
India’s domestic textile market, valued at $225 billion, is projected to grow further and reach $350 billion by 2030, driven by expanding demand and deeper global integration.
In a year-end reflection, Suketu Shah, CEO of Vishal Fabrics Ltd., shared insights on how 2025 shaped the evolving landscape of Indian textiles:
“2025 has been a year of steady change for India’s textile sector. Exporters had to adapt to shifting trade conditions, especially in the US, and this encouraged a wider push toward markets in Europe, Latin America, and Africa. Policy steps such as GST rationalisation have helped bring more stability to manufacturing and investments. The progress on the UK–India FTA has also raised expectations for improved access in 2026, which could support categories like denim and fabrics. At the same time, depreciation of the rupee and a sharper focus on QCO have increased opportunities for exporters, further reinforcing India’s appeal as a sourcing destination. Sustainability has become a core part of how the industry operates, with clusters investing in cleaner dyeing, water recycling, and renewable energy, strengthening India’s competitiveness.
For Vishal Fabrics Limited, this year marked important progress. We secured a ₹100 crore Merchant Export Partnership from Kiran Enterprises, with dispatches beginning 15 January 2026. Along with our established presence in Sri Lanka, Bangladesh, South Africa, Panama, and Mexico, our export network now includes key markets targeted, such as Nigeria, Egypt, South Africa, Turkey, Morocco, and Lesotho. These developments reflect the trust our partners place in our quality and delivery standards. As we move into 2026, our focus remains on strengthening capabilities and expanding our reach in global markets.”