Indian Apparel Industry










HEADLINES:  

Apparel INDIAN APPAREL INDUSTRY AT A GLANCE IN 2015 - 2016 Apparel


Total exports of apparels and knitted clothing accessories, stood at US$ 7.65 billion, growing by 15 per cent Y-o-Y during FY 2014-15 from India.

Indian apparels have long been preferred by fashion -sensed people from around the world thanks to the great indigenous talents. The cotton, silk and denim made in India have a great demand overseas.

India is the world's second-largest producer of textiles and apparels next only to China, with a massive raw material and manufacturing base. The apparel industry is a significant contributor to the economy, both in terms of its domestic share and exports.


2015-2016 Indian Apparel Industry
It contributes about 14 per cent to industrial production, 4 per cent to the GDP, 13 per cent to the country's total export earnings, and employs about 45 million people across the country. Exports constitute almost 37 per cent of the textile and apparel industry.

India is one of the leading exporters of readymade garments in the world. Main markets for Indian textile and apparel exports are: The US, the EU, Asia and the Middle east. Total exports of Indian apparel is expected to touch US$ 65 billion by March 2017.