INDUSTRY OVERVIEW

  • The Indian Textile and Apparel (T&A) industry, contributes 5.4% of India’s GDP. It was worth INR 5,700Bn in 2013, and is estimated to grow at a promising CAGR of 9% over the next 10 years (including domestic market and exports)
  • Men’s wear is the largest segment in India’s apparel market, accounting for 42% of the overall market. In comparison, women’s wear makes up 38%, while kids wear comprises 20%, of the market
  • The men’s wear market is expected to grow at a CAGR of 8.5% over the next five years and women’s wear market is expected to grow at a CAGR of 9% for the next five years
  • India's share of the world's apparel exports stands at 4.5%. It is estimated that due to the increasing shift of apparel and textile production to Asian nations and the deteriorating export-competitiveness of China, this figure will grow to 8% by 2020, with a total exports value of $82 billion
  • The per capita monthly income in India was Rs 5,130 in 2011-12 as compared to Rs 4,513 in 2010-11. The per capita private final consumption expenditure in 2011-12 was estimated at Rs 42,065 as against Rs 36,677 in the year 2010-11, showing an increase of 15%