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WHY INDIA
The India Advantage
World’s second-largest producer of textiles & garments.
Sixth-largest exporter of textiles spanning apparel, home and technical products.
5% share of the global trade in textiles and apparel.
India’s textile and apparel exports were $44.4 billion in FY22, a 41% increase YoY.
Total textile exports are expected to reach $65 billion by FY26.
In FY23, exports of readymade garments including accessories stood at $16.2 billion & is expected to surpass $30 billion by 2027.
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.