Indias Textile & Apparel industry (domestic + exports) is expected to grow from the current Rs 3,27,000 crores (US$

S$ 70 Bn) to Rs 10,32,000 crores (US$ 220 Bn) by 2020.

Domestic Apparel retail market was worth Rs 1,54,000 crores (US$33 Bn)

in 2009 and is expected to reach Rs 4,70,000 crores (US$ 100 Bn) by 2020
Mens wear has the majority share of Apparel market currently (43%). However, womens wear is growing at a higher rate of 12% compared to mens (9%), boys wear (10%) and girls wear (11%). Due to high growth, womens wear share is expected to reach 43% in 2020 from the current 37% share.

 Indias Textile & Apparel industry (domestic +

exports) is expected to grow from the current Rs 3,27,000 crores (US$ 70 Bn) to Rs10,32,000 crores (US$ 220 Bn) by 2020. The Indian domestic Textile and Apparel market size in 2009 was Rs 2,18,570 crores (US$ 47 Bn) and is expected to grow @ 11% by 2020 Domestic Apparel retail market was worth Rs 1,54,000 crores (US$33 Bn) in 2009 and is expected to reach Rs 4,70,000 crores (US$100 Bn) by 2020 Mens wear has the majority share of Apparel market currently (43%). However, womens wear is growing at a higher rate of 12%compared to mens (9%), boys wear (10%)

 Home Textile market is estimated at Rs 15,570 crores

(US$ 3.5 Bn) in 2009 and expected to reach Rs 40,000 crores ( US$ 9 Bn) by 2020

Technical Textiles market is estimated at Rs 49,000

crores (US$ 10.5 Bn) in 2009 and expected to reach Rs 1,46,000 crores (US$ 31 Bn) by 2020 growing

 Global Textile and Apparel trade is recovering after a

slump during the economic recession in 2008-09, and is expected to reachUS$ 1 Trillion by 2020 from the current US$ 510 Bn. The growth in trade is driven by increased outsourcing of western / developed countries towards lower cost countries in Asia. Indias exports have also recovered in 2009-10 following increased global demand and is currently worth Rs 1,10,450 crores(US$ 23.5 Bn).

 India has the potential to increase its export share in

world trade from the current 4.5% to 8% and reach US$ 80 Bn by 2020. Thehigh growth of Indian exports is possible due to increased sourcing shift from developed countries to Asia and Indias strengths as a suitable alternative to China for global buyers High growth categories include Womens casual wear, Innerwear, Activewear, Kids wear, Womens Westernwear, Plus Size Apparel, Lingerie, Workwear & Uniforms, Technical Textiles and Home Textiles

Dramatic changes in Indian consumption

S.NO.
1. 2. 3. 4.

all values in US$ BN.

source Technopak Research & Analysis

CATEGORY
Apparel & Home Textile Jewelary & Watches Home - furniture ,Furnishing Footwear

SIZE 2010
37 29 12 4

SIZE 2015
49 40 17 6

5.

Health & Beauty service

Other Factors Pushing the Demand of Home Textiles

Increase in discretionary Income

Spend on aspiration based purchasing including home textiles Urbanization Over 100Mn people will join urban areas during the next decade who will drive the consumption Growing Eve Power Estimated 40 to 45 million career woman across age of 20 to 40 years in Urban India over next 10 years, with increased purchase decision making power

CONCLUSION
The Indian textile industrys contribution to the Indian economy:
Its contribution to the industrial production,

Employment generation and foreign exchange earnings.

The industry also contributes significantly to the world production of textile fibres and yarns including jute.

CONCLUSION
The Apparel Sector alone contributes to 8% of Indias

total exports with exports recording a 1% growth over last year. By the year 2011-12, India expects to record a 15% growth in quantity and 20% growth in values.