India - Knitting the Future
India is among the world's largest producers of Textiles and Apparel
The domestic apparel & textile industry in India contributes approx. 2.3 % to the country’s GDP, 7% of industry output in value terms. The share of textile, apparel and handicrafts in India’s total exports was 11.4% in 2020-21. India stands as the 4th largest exporter of Textiles & Apparel in the world.
India is one of the largest producers of cotton and jute in the world. India is also the 2nd largest producer of silk in the world and 95% of the world’s hand-woven fabric comes from India. The Indian technical textiles segment is estimated at $16 Bn, approximately 5th largest market in the world. The textiles and apparel industry in India is the 2nd largest employer in the country providing direct employment to 45 Mn people and 100 Mn people in allied industries.
India has also become the second-largest manufacturer of PPE in the world. More than 600 companies in India are certified to produce PPEs today, whose global market worth is expected to be over $92.5 Bn by 2025, up from $52.7 Bn in 2019.
- Indian Textile industry to reach $250 billion market size by 2030.
- The domestic apparel & textile industry in India contributed to 2.3% to the country’s GDP, 7% of industry output in value terms
- India has a share of 5% of the global trade in textiles and apparel.
- The export of cotton Textiles was $ 11.1 Bn with 30% share during 2022-23 .
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Energy Intensive Textile Units
Functional Textile Parks
One of the largest consumers and producers of cotton in the world.
Second largest manufacturer of PPE and producer of polyester, silk and fibre in the world
Second largest employment provider in India after agriculture
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India is the 5th largest producer of technical textiles in the whole world with a market size of nearly $24.3 billion, which we hope to build up to $300 billion when we turn 100 by 2047 .
The textiles and apparel industry in India has strengths across the entire value chain from fiber, yarn, fabric to apparel. The Indian textile and apparel industry is highly diversified with a wide range of segments ranging from products of traditional handloom, handicrafts, wool, and silk products to the organized textile industry in India. The organized textile industry in India is characterized by the use of capital-intensive technology for the mass production of textile products and includes spinning, weaving, processing, and apparel manufacturing.
India’s readymade garment exports to see a CAGR of 12-13% and surpass $100 Bn by 2030.
- India’s Textiles Exports were highest ever in FY 2021-22, crossing US$ 44 Bn
- India is a largest cotton producer (23%) in the world and has the highest area under cotton cultivation (39% of world area). Cotton plays a major role in sustaining the livelihood of an estimated 5.8 Mn cotton farmers and 40- 50 Mn people engaged in related activities such as cotton processing and trade.
- India produced 95 Lakh bales of raw jute in FY 2022-23.
- The domestic textiles and apparel industry stood at $154 bn in 2022, growing at a CAGR of 10-12% to reach $350 bn by 2030.
India scaled its highest ever exports tally at $ 44.4 Bn in Textiles and Apparel (T&A) including Handicrafts in FY 2021-22, indicating a substantial increase of 41% and 26% over corresponding figures in FY 2020-21 and FY 2019-20, respectively.
The estimated production of cotton in the country is 312.03 lakh bales and estimated consumption is 316 lakh bales. Further, the domestic consumption of $110 Bn was divided into apparel at $80 Bn, technical textiles at $22 Bn and home furnishings at $8 Bn.While exports comprised of Readymade Garments at $16.2 Bn; Cotton textiles exports at $11.1 Bn; Man-made Textiles exports at $5.4 Bn; and others (including Handicrafts) at $4.0 Bn.
The Make in India initiative has successfully increased production capacity by 25%. Yarn production increased from 77.67 Lakh Tonnes in 2014-15 to 97.46 Lakh Tonnes in 2022-23. Fabric production increased from 374.54 Lakh Tonnes to 470 Lakh Tonnes in 2022-23. Apparel production increased from 1,753.2 Cr. Pcs to 2,200 Cr. Pcs in 2022-23.
Presence of world class infrastructure
India’s production is centered on cotton products, which reduces its chances to take China’s current position as the world leader in textile manufacturing.
Increased focus on technical textiles
Due to growth of end-user industries such as automotive, healthcare, infrastructure and oil and petroleum
Abundance of raw material and availability of skilled manpower
Presence of entire value chains and large and growing domestic market
Competitive manufacturing costs and organized retail landscape & e-Commerce
Rising per capita income, higher disposable incomes and preferences for brands
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Invest India closely works with
Government Ministry/ Department
- Apparel Export Promotion Council
- Clothing Manufacturing Association of India
- Confederation of Indian Textile Industry
- Indian Technical Textiles Association
- National Council of Textile Organizations
- Textile Associations of India
- Textile Machinery Manufacturers' Association
- Synthetic & Rayon Textiles Export Promotion Council (SRTEPC)
- Indian Technical Textiles Association (ITTA)
New India Timeline @2047
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