The economic boom of India has brought unprecedented growth in its textile and garment industry. The growing chart of the Indian economy has made it one of the largest textile and clothing industries in the world, employment generators for the country, & one of the leading textiles and apparel exporters worldwide. India is the sixth-largest clothing and apparel manufacturer in the world. And some Indian companies in this industry such as Raymond Ltd, Loyal Group, Arvind Mills, and SEL Group are among the biggest garment exporters in India.
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An Overview Of India's Textile And Garment Market
1. Welcome To India Brand Equity
Foundation
A Leading Indian Garment and Apparel Industry Promoter
2. An Overview Of India's Textile
And Garment Market
By India Brand Equity Foundation
3. About Textile and
Garment Industry
in India
The garment industry in India has
attracted the attention of the world with its
fast growth. And it wouldn't be surprising
to know that some Indian textile
companies are among the leading
exporters of textiles and clothes
worldwide. Also, the textile industry is the
leading employment generator for the
country. It adds to the GDP as well. The
Indian government has an independent
ministry to support and promote the textile
industry.
4. What Does Latest Data
About Indian Textile
Industry Say?
According to data from a leading research firm McKinseyโs
FashionScope, the clothing industry in India heads toward becoming
a $59.3 billion industry in 2022. It shows that new apparel
manufacturers in India will be added to the list.
โข India is the sixth-largest clothing manufacturer in the world
โข India is the second-largest exporter of textiles and garments in the
world
โข Indiaโs cloth production in FY 2020 was 63.34 billion square
meters
โข The textile industry employs over 13 million in India
5. Raymond Ltd Is The
Biggest Exporter Of
India
Raymond Ltd is the biggest garment exporter in
India due to its huge capacity for making clothes
and a wide range of options. It exports textiles
and garments to almost every nook and corner
of the world, and it can produce clothes in
thousands of designs and colors.
๏ง Its capacity for making wool and wool-blended
fabrics is 38 million
๏ง It captures over 60% of the domestic market
๏ง It offers fabrics in over 20,000 colors designs
and colors
๏ง It exports fabrics to over 55 countries,
including the US and Europe
6. Loyal Group Is
An Awarded
Textile Exporter
Only a few apparel exporters in India, are awarded by
the government of India for fulfilling the export
demands, and Loyal Group is one of them. It provides
an array of products and services to help the textile
industry in India.
๏ถIt has four manufacturing units for garment
production
๏ถIt has a joint venture trading company in Italy
๏ถIt also has three composite mills
๏ถAwarded by the Government of India for export
promotion
7. Arvind Mill Has A Diversified Business
Arvind Mills has made a name among
leading apparel exporters with its brand
names, including Arrow, Flying Machine,
New Port, USP, Mega Mart, and the
Arvind Store. It also has an interest in
diversified businesses.
๏ Arvind Mills was started by three
brothers in 1931
๏ It manufactures high-end superfine
fabrics
๏ It has diversified its interests in
chemicals and dyes, engineering, and
retail
8. SEL Group Was The Top
Preference Of Investors
It was in 2018; when investors selected SEL Group over other
apparel manufacturers in India for investing in the fashion and
garment industries. It works from different locations in the country
and offers more products than others. It has raised the bar for its
competitors with additional services.
๏ผ Investors displayed their interest in SEL Group in 2018
๏ผ It offers terry towels and readymade garments in addition to
textiles
๏ผ SEL is the largest supplier of yarn and threads to European
markets
9. For more information: Visit us:
โข Address : 16th Floor, Dr Gopal Das Bhawan, 28, Barakhamba Road, New
Delhi - 110001
โข Website : https://www.ibef.org/
โข E-Mail ID : info.brandindia@ibef.org
โข For any query call us @ +91 11 43845501