1、For updated information,please visit www.ibef.orgNovember 2025TEXTILES AND APPAREL2Executive Summary3Advantage India 5Market Overview 7Recent Trends and Strategies16Growth Drivers22Opportunities 35Key Industry Contacts40Appendix42Table of Contents3Executive summarySource:Ministry of Textiles,Make in
2、 India,Technopak,Annual Report on Indian textile and Apparel industry-Wazir Advisors Notes:F-Forecast,*-Until June 2025Domestic textile and apparel industry in India(US$billion)FY18FY19FY20FY21FY22FY23FY30F0501001502002503009010010675125160250Textiles and apparel exports from India(US$billion)FY18 F
3、Y19 FY20 FY21 FY22 FY23 FY24 FY25 FY26*FY30F02040608010012037363430443736379100India is the worlds second-largest producer of textiles and garments.It is also the sixth-largest exporter of textiles spanning apparel,home and technical products.India has a 4.6%share of the global trade in textiles and
4、 apparel.In FY25,The textiles and apparel industry contributes 2.3%to the countrys GDP,13%to industrial production and 12%to exports.The domestic textile and apparel market size is estimated at US$225 billion in 2025,growing at a pace of about 10-12%CAGR.The market for Indian textiles and apparel is
5、 projected to grow at a 11.98%CAGR to reach US$646.96 billion by 2033.India has emerged as the second largest manufacturer of Personal Protective Equipment(PPE)globally.It is expected to reach a projected revenue of US$4.83 billion by 2033 with a CAGR of 10.4%from 2025-33.Indias textile exports have
6、 already reached Rs.3 lakh crore(US$35.14 billion),and the goal is to triple this to Rs.9 lakh crore(US4 105.42 billion)by 2030 by strengthening domestic manufacturing and expanding global reach.Exports from FY26(April-June 2025)reached US$9 billion,with apparel exports seeing an 8.91%increase compa
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