Textile & Apparel

Indian Textile & Apparel

The Indian Textile and Apparels (T&A) industry accounts for approximately 4% of the global Textile & Apparel market.

The industry contributes approximately

  • 7% to industrial output in value terms
  • 2% to the GDP
  • 15% to the India’s export earnings

Indian Readymade Garments/Apparels (RMG) industry is the largest segment of the Indian T&A industry accounting for approximately 50% of the total industry.

The size of India’s textile market as on November 2019 was around US$ 150 Billion, which is expected to touch US$ 223 Billion market by 2021, growing at a CAGR of 10.14% between 2009-21.

The new textile policy of India aims to achieve US$ 300 Billion worth of textile export by 2024-25 and create an additional 35 million job