Textiles and Apparel Sector in India
Market Scenario
- The domestic apparel & textile industry in India contributes nearly 2.3 % to the country’s GDP, 13% to industrial production and 12% to exports.
- India has a 4% share of the global trade in textiles and apparel.
- Total textile exports are expected to reach $65 Bn by FY26 and are expected to grow at 10% CAGR from 2019-20 to reach $190 Bn by 2025-26.
Ranking
- Cotton & Jute: India is the largest producer of jute and second largest producer of cotton in the world.
- Silk: India is also the 2nd largest producer of silk in the world and ....