Bharat Tex 2026 attracts $2.8 billion business enquiries, ₹14,300 crore textile investments
At Bharat Tex 2026, business inquiries reached $2.8 billion, complemented by investments of ₹14,300 crore. Andhra Pradesh and Karnataka have taken a leading role in proposing substantial textile investments nationwide. The recent India-UK FTA is p...
By ET Bureau |
New Delhi: Bharat Tex 2026 generated business enquiries worth about $2.8 billion and attracted textile investment commitments of ₹14,300 crore across states, underscoring growing demand for Indian textiles as the country expands its network of free trade agreements (FTAs).
More than 30 memorandums of understanding (MoUs) were signed by participating states during the event. Andhra Pradesh led with proposed investments of ₹4,100 crore, followed by Karnataka (₹2,821 crore), Bihar (₹1,476 crore) and Maharashtra (₹1,095 crore). The projects are expected to create more than 11,000 jobs in Karnataka and over 40,500 in Bihar.
Also Read: Quality, heritage key to building global textile & lifestyle brands: Giriraj Singh
The India-UK FTA, which came into force on Wednesday, is expected to boost India's textile and apparel exports.
"The India-UK FTA is likely to increase apparel and textile exports by 20-25% every year," said Naren Goenka, chairman of Bharat Tex Trade Federation (BTTF). Goenka said the event generated business enquiries worth about $2.8 billion and added that as India expands its FTA network, textile exports are expected to grow 15-20% annually.
India's textile and apparel exports stood at about ₹3.16 lakh crore in 2025-26. The industry is targeting exports of ₹9 lakh crore by 2030.
More than 30 memorandums of understanding (MoUs) were signed by participating states during the event. Andhra Pradesh led with proposed investments of ₹4,100 crore, followed by Karnataka (₹2,821 crore), Bihar (₹1,476 crore) and Maharashtra (₹1,095 crore). The projects are expected to create more than 11,000 jobs in Karnataka and over 40,500 in Bihar.
Also Read: Quality, heritage key to building global textile & lifestyle brands: Giriraj Singh
The India-UK FTA, which came into force on Wednesday, is expected to boost India's textile and apparel exports.
"The India-UK FTA is likely to increase apparel and textile exports by 20-25% every year," said Naren Goenka, chairman of Bharat Tex Trade Federation (BTTF). Goenka said the event generated business enquiries worth about $2.8 billion and added that as India expands its FTA network, textile exports are expected to grow 15-20% annually.
India's textile and apparel exports stood at about ₹3.16 lakh crore in 2025-26. The industry is targeting exports of ₹9 lakh crore by 2030.
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