EDITORIAL COMMUNION

From The Editor's Desk

India’s textile industry is looking for new markets to drive its next phase of growth. In this context, the expanded BRICS grouping offers a major but underused opportunity. India’s textile and apparel exports, including handicrafts, reached US$37.75 billion in FY2024-25, growing 5.2% over the previous year. However, India still exports far less to BRICS countries than it imports from them. The overall trade deficit with BRICS is estimated at US$226.1 billion in FY2025-26, highlighting the need to strengthen India’s export presence. The expanded BRICS grouping includes m...

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