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

Growth of Textile Industry - Infographic

Latest update: December, 2017

  • 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 industry accounts for nearly 15 per cent of total exports
  • The size of India’s textile market in 2016 was around US$ 137 billion, which is expected to touch US$ 226 billion market by 2023, growing at a CAGR of 8.7 per cent between 2009-23E
  • As of June 2017, the central government is planning to finalize and launch the new textile policy in the next three months. The policy aims to achieve US$ 300 billion worth of textile exports by 2024-25 and create an additional 35 million jobs.

Notes: CAGR - Compound Annual Growth Rate, E – Estimated
Source: Technopak, Make in India, News articles, Ministry of Textiles, Aranca Research

Growth
  • Production of raw cotton in India grew from 28 million bales in FY07 and further increased to 35.1 million bales in FY17
  • During FY07-17, raw cotton production expanded at a CAGR of 2.3 per cent
  • During FY16(1), of the overall amount of raw cotton produced in the country, domestic consumption totaled to 30 million bales, while in FY15(1), the domestic consumption of raw cotton stood at 30.4 million bales
  • Raw cotton and man-made fibres are major segments in this category

 

Note:Teledensity - The number of telephone lines for every 100 people in a country, GSM - Global System for Mobile Communications, CDMA - Code Division Multiple Access, 1 - Data till February 2017
Source: Telecom Regulatory Authority of India

Growth

 

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