India’s home textile exports surged to $7.34 billion during 2021 as the country benefitted receding pandemic and countries adopted the ‘China Plus One’ strategy. As per an Apparel Resources report, the US emerged the top export destination for India with 58 per cent of total export value, India recorded revenues worth $2.60 billion from its home textile exports to the EU.

Compared its Asian counterparts, India’s home textile exports to the US’ surged past Bangladesh’s of $450 million in 2021 and Vietnam’s $ 17.77. India’s linen exports grew 45.83 per cent to $2.45 billion in 2021. On the other hand, China’s linen exports declined 17.58 per cent to $889.64 million in the four aforementioned categories in 2021 from $1.08 billion in 2019, though it upped shipment by 15.60 per cent compared to 2020.

Of all major players in the segment, Welspun Group is moving towards touching $1 billion revenue targets for the first nine months of current fiscal, the company’s revenues climbed 35.80 per cent to approximately $955 million. It is also expanding its manufacturing footprint, with capacity increase in towels, bedding, rugs and carpets in the coming months.