The Indian textile and apparel industry is expected to grow at 12% CAGR to reach US$ 250 Bn by 2030. India has a 4% share of the global trade in textiles and apparel. The industry (including dyed and printed) attracted foreign direct investment (FDI) worth US$ 4 Bn from April 2000-December 2022. The textiles sector has witnessed a spurt in investment during the last five years.
Contribution to GDP- 2.3%
Employment- 45 Mn, Employed Labor, 2nd Largest Employer after Agriculture
100 percent FDI allowed
Market Size: 154 Bn