India's textile and apparel exports, including handicrafts, increased from ₹2,97,004 crore in 2023–24 to ₹3,25,339 crore in 2025–26, registering a CAGR growth of 4.7% during the period. The Government monitors India's export of Textile & Apparel and works with stakeholders to mitigate challenges. Exports grew in more than 100 countries in 2025–26 compared with 2024–25.
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Consider the following statements regarding India's Textile and Apparel Exports: 1. India's textile and apparel exports have increased by ₹1,28,335 crore between 2023-24 and 2025-26. 2. The Government has implemented a scheme to provide subsidies to exporters in the textile sector. 3. India's textile and apparel exports have registered growth in more than 50 countries in 2025-26. How many of the above statements are correct?
Statement 3 is correct because fact #4 states that India's textile & apparel including Handicrafts exports (value in Rs. Cr) registered growth in more than 100 countries in 2025–26 compared with 2024–25.
Consider the following two statements: Statement-I: The Government regularly monitors India's export of Textile & Apparel and continues to work with all stakeholders including exporters and industry to mitigate the impact of any challenges. Statement-II: This monitoring is necessary because India's textile and apparel exports have been increasing rapidly over the years, making it essential for the Government to keep a close eye on the sector. Which one of the following is correct in respect of the above statements?
Statement 1 is correct because fact #3 states that The Government regularly monitors India's export of Textile & Apparel and continues to work with all stakeholders including exporters and industry to mitigate the impact of any challenges. Statement 2 is incorrect because it implies a causal relationship between the monitoring and the rapid growth in exports, but fact #1 only mentions the growth rate without linking it to the Government's actions.