Rupee's 46% Decade-Long Slide Offers Only Muted Relief to Indian Textile Exporters in FY26
Despite a nearly 46% rupee depreciation against the USD over the past decade, Indian textile and apparel exporters face muted gains heading into FY26, with rising global competition and weak external demand offsetting currency tailwinds.
Rupee's nearly 46% depreciation against the USD over the past decade has provided only modest relief to Indian textile and apparel exporters, with growth muted by rising global competition and weak external demand heading into FY26.