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National data

Population: 1.3 billion
Labor lorce: 497 million
Unemployment rate: 7 %
GDP per capita:1,586 dollars

Domestic market size of the clothing and footwear industry: 68 billion dollars
Domestic market size of the textile industry: 108 billion dollars
Employment in fashion-related industries: 60 million

 

The textile and clothing sector is one of the oldest industries in India. According to the Indian Brand Equity Foundation (IBEF) it is the close linkage of the textile industry to agriculture (for raw materials such as cotton) and the ancient culture and traditions of the country, in terms of textiles, that make the Indian textiles sector unique in comparison to the same industries of other countries.
The Indian textile industry is estimated around 108 billion dollars and is expected to reach 223 billion dollars by 2021. This industry employs over 45 million people directly, and 60 million people indirectly. It Indian Textile Industry contributes approximately 5 per cent to India’s gross domestic product (GDP), and 14 per cent to overall Index of Industrial Production (IIP). The textile industry is also one of the largest contributes to India’s export with approximately 13.5 percent of the country's total export of 42.2 billion dollars.

Brands like Benetton, Zodiac, Z3, Zara, Vero Moda, Calvin Klein, Diesel and Tommy Hilfiger have a matured sales growth in the country. Upcoming brands such as Zara, Armani, Forever21 and Uniqlo appeal to the Indian audiences and are therefore attracting higher per square foot sales than department or hypermarket stores.
On the other hand, Indian companies like the Arvind group, Madura Fashion and Lifestyle, Raymond Apparel, Trent Retail, Reliance Retail and Future Group have also launched their own fashion labels in order to expand their reach.
The following list includes the largest fashion companies in India.

  Company name Market value Annual revenue Company type
1 Aditya Birla Fashion and Retail 2.5 billion dollars 300 million dollars Public
2 Vardhman Group 1.3 billion dollars 800 million dollars Public
3 Arvind Limited 1 billion dollars 303 million dollars Public
4 Raymond Limited 620 million dollars 580 million dollars Public

Annual consumer expenditure on clothing and footwear: 68 billion dollars

Total exports of textiles, apparel and footwear: 42.2 billion dollars

Exports of clothing and textiles: 38.7 billion dollars

 

  • Cotton yarn: 4.0 billion dollars
  • Raw cotton: 3.05 billion dollars
  • Women’s suits, not knit: 2.56 billion dollars
  • T-shirts: 2.36 billion dollars
  • Women’s shirts, not knit: 2 billion dollars

 

Exports of footwear and headwear: 3.5 billion dollars

 
  • Footwear, with leather body: 2.3 billion dollars
  • Parts of footwear: 392 million dollars
  • Other footwear of rubber or plastics: 325 million dollars
  • Footwear, with textile body: 140 million dollars

Total imports of textiles, apparel and footwear: 5.9 billion dollars

Imports of clothing and textiles: 5.4 billion dollars

 

  • Raw cotton: 483 million dollars
  • Textile fabrics impregnated with plastics: 352 million dollars
  • Wool: 338 million dollars
  • Synthetic filament yarn: 331 million dollars
  • Yarn of synthetic staple fibres: 208 million dollars

 

Imports of footwear and headwear: 460 million dollars

 

  • Other footwear of rubber or plastic: 106 million dollars
  • Footwear, with textile body: 83.2 million dollars
  • Footwear with leather body: 79.2 million dollars
  • Parts of footwear: 71 million dollars
  • Other footwear: 51.2 million dollars