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Textiles and apparel exports from India are estimated to increase to US$ 65 billion by 2016-17 from US$ 40 billion in 2013-14.

Indian Textiles and Apparel Industry Analysis

Latest update: June, 2018

  • Textile plays a major role in the Indian Economy
    (i) It contributes 14 per cent to industrial production and 4 per cent to GDP
    (ii) With over 45 million people, the industry is one of the largest source of employment generation in the country
  • The size of India’s textile market as of July 2017 was around US$ 150 billion, which is expected to touch US$ 250 billion market by 2019, growing at a CAGR of 13.58 per cent between 2009-2019.
  • The central government is planning to finalise and launch the new textile policy in the next three months1. The policy aims to achieve US$ 300 billion worth of textile exports by 2024-25 and create an additional 35 million jobs.
Growth

Notes: CAGR - Compound Annual Growth Rate, E – Estimated, * as of July 2017, 1 As of June 2017
Source: Technopak, Make in India, News articles, Ministry of Textiles, Aranca Research

  • Production of man-made fibre has also been on an upward trend
  • Production stood at 1.347 million tonnes in FY16 with the figure reinforcing a recovery from 2009 levels
  • During FY171, production of man-made fibre in India stood at 1.364 million tonnes and the production until January 2018 in FY18* has been 1.123 million tonnes
Growth

Note:1- Provisional figures; * Data as of January 2018
Source: Ministry of Textiles

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