Textile Industry & Market Growth in India

The market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach US$ 350 billion by 2030, with exports expected to reach US$100 billion.

Advantage India

Robust
Demand

*Cotton production in India is projected to reach 7.2 million tonnes by 2030, driven by increasing demand from consumers.​

*The market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach US$ 350 billion by 2030, with exports expected to reach US$100 billion.​

*The total exports during April-October of FY25 stand at US$ 21.3 billion (Rs. 1,84,105 crore), with RMG (41%), Cotton Textiles (33%), and Man-Made Textiles (15%) as key contributors. ​

Robust Demand Icon

Competitive
Advantage

*India enjoys a comparative advantage in terms of skilled manpower and in cost of production, relative to major textile producers.​

*In June 2022, Union Minister of Commerce and Industry, Mr. Piyush Goyal, stated that the Indian government wants to establish 75 textile hubs in the country.​

*The sector provides employment to over 45 million people and produces about 22,000 million pieces of garments per year.​

Competitive Advantage

Policy
Support

*100% FDI (automatic route) is allowed in textiles.

*Production-Linked Incentive (PLI) Scheme worth Rs. 10,683 crore (US$ 1.44 billion) for manmade fibre and technical textiles over a five-year period.​

*The Indian government has notified uniform goods and services tax rate at 12% on Man-Made Fabrics (MMF), MMF yarns and apparel, which came into effect from January 1, 2022. ​

*1,83,844 beneficiaries trained across 1,880 centers under Samarth.​​

Policy Support

Increasing
Investments

*In June 2023, Government approved R&D projects worth US$ 7.4 million (Rs. 61.09 crore) in textile sector​.

*Total FDI inflows in the textiles sector stood at US$ 4.56 billion between April 2000-September 2024.​

Textile Market Growth
Last updated: Apr, 2025

Major Textiles hubs in India  

  • NCR
  • Gujarat
  • Maharashtra
  • Uttar Pradesh
  • West Bengal
  • Tamil Nadu
  • Madhya Pradesh
  • Rajasthan

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