India’s lingerie market witnessing a huge fillip

India is one of the most lucrative global retail markets, like any other industry, it is offering a huge fillip to the lingerie industry. Valued at 3 billion dollar, lingerie business holds the largest pie of market share in India with high margins in returns. This segment has carved a niche for itself in garment manufacturing business – From being a market worth Rs 780 crores (175.9 million dollars) in 2003, the organised lingerie market has almost doubled to Rs 1645 crores (370.3 million dollars) bustling business in the last five years.