India Textiles Sector Report 2024-2025
An EMIS Insights Industry ReportEMIS is an ISI Markets Company Date: February 2024
Pages: 38
Available in: English
The Indian textile sector, ranking as the second-largest producer of MMF Fibre globally, plays a pivotal role in the nation's economy. India is the third-largest exporter of textiles & apparel worldwide, so the textiles sector significantly contributes to both industrial production and exports. With a 2.3% contribution to the country's GDP, 13% to industrial production, and 12% to exports, the domestic apparel & textile industry is a vital economic driver. Beyond economic significance, the sector is crucial for employment, providing livelihoods to millions, especially women and the rural population. India holds a notable 4% share in the global trade of textiles and apparel, showcasing its prominence on the international stage. The market size of the textile industry is expected to reach USD 165bn by FY2026 from USD125bn in FY2022, as per the estimates of Welspun.
This report provides a complete and detailed analysis of the "Textiles production" sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
What this report allows you to do:
- Understand the key elements at play in the "Textiles production" sector in India
- Crystallise the forces both driving and restraining this sector in India
- Ascertain India’s position in the global sector
- Build a complete perspective on sector trade, investment and employment
- Understand the competitive landscape and who the major players are
- View M&A activity and major deals
- Gain an understanding of the regulatory environment for the sector in India.
- Build a clear picture of trends, output and consumption for specific sub-sectors
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