Textile

By Harish Thapar , 8 April 2026

India’s textile and apparel market has witnessed remarkable expansion, growing from Rs 4.89 lakh crore in 2010 to Rs 14.95 lakh crore in 2024, reflecting a compound annual growth rate of 8.3 per cent. The surge has been driven by rising household consumption, urbanisation, and evolving consumer preferences. A significant shift toward man-made and blended fibres, which now account for over half of the market, highlights changing industry dynamics. Cotton, while still dominant, is gradually уступed by synthetic alternatives.