The document provides an overview of the Indian retail market and the opportunities in the apparel industry. Some key points:
- The Indian retail market is expected to reach $865 billion by 2023, growing at 6% annually, with apparel accounting for 8% or $40 billion of the market.
- Growing demand for fashion accessories in addition to apparel makes the Indian fashion market lucrative.
- Social media is indispensable for business growth and relevance, helping brands engage customers and boost sales.
- An analysis of major apparel brands found Lifestyle leading in social media performance, though all could improve engagement and build larger online communities.