India was the third-largest exporter of textiles and apparel to New Zealand in 2024, after China and Bangladesh, with shipments valued at US $ 138.65 million. The leather and footwear sector is also expected to gain, with full tariff elimination across 181 tariff lines.
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The quarterly performance highlighted a shift in Nike’s distribution mix. After several years of prioritising direct-to-consumer channels, wholesale once again delivered growth, particularly in North America.
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Sustainability
Textiles ministry extends US $ 935,000 support to handloom weavers in Odisha clusters
The minister said the ministry had trained 5,856 weavers between 2015–16 and November this year, organised 69 marketing events and facilitated the distribution of 7,685 Mudra loans to support livelihoods in the handloom sector.
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Textile industry representatives and cotton traders said quality issues persisted this year due to excessive rainfall in key growing regions.
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These chains have stepped up aggressive store rollouts to tap India’s price-sensitive consumers, helping the value retail segment emerge as one of the fastest-growing pillars of organised retail in the past five years.
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Tier-1 and Tier-2 cities would drive the next phase of expansion, while Tier-3 cities were expected to emerge as high-potential markets. Secondary and suburban micro-markets were also seen as critical in balancing operational costs with accessibility.
