The market value of apparel across India in the financial year 2022 was the highest at 80 billion U.S. dollars and this value was estimated to reach over 180 billion U.S. dollars by 2031. With a growing organized apparel sector and rising income levels, India was the world's second largest textile and clothing exporter with a steady growth forecast in this market.
Market value of textile and apparel across India from financial year 2006 to 2022, with estimations until 2031, by type
(in billion U.S. dollars)
India's financial year starts in April and ends in March. For example, FY 2019 started in April 2018 and ended in March 2019.
*Estimated values
**Forecasted values
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Wazir. (January 18, 2023). Market value of textile and apparel across India from financial year 2006 to 2022, with estimations until 2031, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/1119683/india-market-value-of-apparel-by-type/
Wazir. "Market value of textile and apparel across India from financial year 2006 to 2022, with estimations until 2031, by type (in billion U.S. dollars)." Chart. January 18, 2023. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/1119683/india-market-value-of-apparel-by-type/
Wazir. (2023). Market value of textile and apparel across India from financial year 2006 to 2022, with estimations until 2031, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/1119683/india-market-value-of-apparel-by-type/
Wazir. "Market Value of Textile and Apparel across India from Financial Year 2006 to 2022, with Estimations until 2031, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Jan 2023, https://www.statista.com/statistics/1119683/india-market-value-of-apparel-by-type/
Wazir, Market value of textile and apparel across India from financial year 2006 to 2022, with estimations until 2031, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1119683/india-market-value-of-apparel-by-type/ (last visited December 07, 2024)
Market value of textile and apparel across India from financial year 2006 to 2022, with estimations until 2031, by type (in billion U.S. dollars) [Graph], Wazir, January 18, 2023. [Online]. Available: https://www.statista.com/statistics/1119683/india-market-value-of-apparel-by-type/