India's Apparel Exports Rise 20.33% To $1.2 Billion In October 2026 As Rupee Depreciation Supports Growth

India’s garment exports reached $1.2 billion in October. Rupee depreciation boosted earnings, although exporters reported limited growth in shipment volumes despite continued overseas demand.
India's apparel industry reported an increase of 20.33% year-on-year in export value in October 2026. The growth was largely supported by the depreciation of the rupee. However, garment shipment volumes recorded limited growth during the month.
Exporters reported strong orders from international markets. They said demand for Indian garments remained healthy across major export destinations.
Industry representatives also highlighted improving production activity. Manufacturers that had not expanded capacity over the past year could now be operating at full capacity.
Apparel Exports Reach $1.2 Billion In October 2026
AEPC data showed that garment exports reached $1.2 billion during the month. Total exports stood at $8.5 billion during April–October 2026.
The sector also recorded 13.7% year-on-year growth in September 2026.
AEPC Chairman A. Sakthivel said the latest figures indicated a gradual recovery in the apparel export sector. He also pointed to improving demand for Indian garments in overseas markets.
Why Did Apparel Export Value Rise Despite Subdued Shipment Volumes?
The depreciation of the rupee played a major role in increasing apparel export earnings. However, the increase in export value did not reflect a similar rise in shipment volumes.
Exporters reported steady demand for Indian garments from overseas buyers. Many manufacturers have received enough orders to keep their production facilities busy.
However, the rise in export earnings was not matched by a similar increase in shipments. Exporters said the weaker rupee accounted for much of the growth in export value.
US, UK And UAE Remain Major Apparel Export Destinations
The United States, the United Kingdom and the United Arab Emirates remained major markets for Indian apparel exports.
However, exports to India's free trade agreement partner countries declined during April– August 2026. Oman was the only exception during this period.
The October figures point to improving demand for Indian garments in international markets.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer

Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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