The document provides a SWOT analysis of the Indian textiles and clothing industry and discusses changing lifestyles of Indian consumers. It analyzes the industry's strengths such as a strong cotton base and labor supply, as well as weaknesses like high costs and fragmentation. Opportunities include a growing domestic market and understanding global buyers' needs. Threats include currency appreciation and enhanced competition. It also outlines eight trends in Indian consumers' aspirations, including seeking value, social consciousness, status symbols, security products, and fringe benefits from brands.