India has a long history in the textile industry dating back centuries. The decentralized power looms and hosiery/knitting sector form the largest component. India is now the 6th largest textile exporter in the world, contributing 5% to India's GDP and 12% of export earnings. The Indian textile market is estimated at $223 billion in FY21 growing at a CAGR of 15.58% from FY09. Page Industries focuses on 4 segments - men's/women's innerwear, athleisure wear, and kids wear.