India's global apparel export share stuck at 3% despite China losing ground; FTAs, China+1 open opportunity: Report

India has failed to gain meaningful share in global apparel exports despite China’s declining dominance, holding at around 3% in 2025 while Bangladesh and Vietnam captured much of the China+1 shift. PL Capital says improving trade access and policy support could create fresh opportunities, but fragmented capacity, higher costs and weak integration remain key constraints.