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An Overview Of India's Textile And Garment Market

The economic boom of India has brought remarkable growth in its textile & garment industry. The growing chart of the Indian economy has made it one of the largest textile and clothing industries in the world, employment generators for the country, & one of the leading textiles and apparel exporters worldwide. India is the sixth-largest clothing and apparel manufacturer in the world. And some Indian companies in this industry such as Raymond Ltd, Loyal Group, Arvind Mills, and SEL Group are among the biggest garment exporters in India.<br>Visit https://www.ibef.org/exports/apparel-industry-india

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An Overview Of India's Textile And Garment Market

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  1. Welcome To India Brand Equity Foundation A Leading Indian Garment and Apparel Industry Promoter

  2. An Overview Of India's Textile And Garment Market By India Brand Equity Foundation

  3. About Textile and Garment Industry in India The garment industry in India has attracted the attention of the world with its fast growth. And it wouldn't be surprising to know that some Indian textile companies are among the leading exporters of textiles and clothes worldwide. Also, the textile industry is the leading employment generator for the country. It adds to the GDP as well. The Indian government has an independent ministry to support and promote the textile industry.

  4. What Does Latest Data About Indian Textile Industry Say? According to data from a leading research firm McKinsey’s FashionScope, the clothing industry in India heads toward becoming a $59.3 billion industry in 2022. It shows that new apparel manufacturers in India will be added to the list. • India is the sixth-largest clothing manufacturer in the world • India is the second-largest exporter of textiles and garments in the world • India’s cloth production in FY 2020 was 63.34 billion square meters • The textile industry employs over 13 million in India

  5. Raymond Ltd Is The Biggest Exporter Of India Raymond Ltd is the biggest garment exporter in India due to its huge capacity for making clothes and a wide range of options. It exports textiles and garments to almost every nook and corner of the world, and it can produce clothes in thousands of designs and colors. • Its capacity for making wool and wool-blended fabrics is 38 million • It captures over 60% of the domestic market • It offers fabrics in over 20,000 colors designs and colors • It exports fabrics to over 55 countries, including the US and Europe

  6. Loyal Group Is An Awarded Textile Exporter Only a few apparel exporters in India, are awarded by the government of India for fulfilling the export demands, and Loyal Group is one of them. It provides an array of products and services to help the textile industry in India. • It has four manufacturing units for garment production • It has a joint venture trading company in Italy • It also has three composite mills • Awarded by the Government of India for export promotion

  7. Arvind Mill Has A Diversified Business Arvind Mills has made a name among leading apparel exporters with its brand names, including Arrow, Flying Machine, New Port, USP, Mega Mart, and the Arvind Store. It also has an interest in diversified businesses. • Arvind Mills was started by three brothers in 1931 • It manufactures high-end superfine fabrics • It has diversified its interests in chemicals and dyes, engineering, and retail

  8. SEL Group Was The Top Preference Of Investors It was in 2018; when investors selected SEL Group over other apparel manufacturers in India for investing in the fashion and garment industries. It works from different locations in the country and offers more products than others. It has raised the bar for its competitors with additional services. • Investors displayed their interest in SEL Group in 2018 • It offers terry towels and readymade garments in addition to textiles • SEL is the largest supplier of yarn and threads to European markets

  9. For more information: Visit us: • Address   : 16th Floor, Dr Gopal Das Bhawan, 28, Barakhamba Road, New Delhi - 110001   • Website   : https://www.ibef.org/ • E-Mail ID :info.brandindia@ibef.org • For any query call us @ +91 11 43845501

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