Tuesday, 21 Jan 2025
·
Mumbai 27 °C
·
Language:
Industry And Cluster | News & Insights

MATERIAL AND PIECES OF CLOTHING INDUSTRY IN INDIA IS REQUIRED TO REACH $ 223 BN BY 2021 FROM $ 137 BN IN 2016.

Published: June 26, 2020
Author: TEXTILE VALUE CHAIN

The materials and clothing industry in India has qualities over the whole worth chain from fibre, yarn, texture to attire. It is exceptionally differentiated with a wide scope of fragments going from results of conventional handloom, painstaking work, fleece and silk items to the sorted-out material industry. The composed material industry is described by the utilization of capital-concentrated innovation for large scale manufacturing of material items and incorporates turning, weaving, handling, and clothing fabricating.

The local materials and attire industry remained at $140 bn in 2018 (counting handiworks) of which $100 bn was locally expended while the rest of the segment worth $40 bn was traded to the world market.

Further, the residential utilization of $100 bn was separated into attire at $74 bn, specialized materials at $19 bn and home decorations at $7 bn. While trades contained material fares at $20.5 bn attire sends out at $16.1 bn and handlooms at $3.8 bn.

Related Posts

How to Use Social Media to Market Your Textile Business

Developer Of Mycelium Materials For the Use of As Leather Alternatives, MycoWorks Is Establishing Operations In Union County, South Carolina

Made In India Opportunity For A New Techtex Project For Greenfield ‘Spun Laced’ Nonwoven Fabrics.