India Textile Market Size, Trends and Insights By Application (Clothing Application, Industrial/Technical Application, Household Application), By Material (Cotton, Jute, Silk, Synthetics, Wool), By Process (Woven, Non-woven), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | India |
| Largest Market: | India |
Major Players
- Arvind Limited
- Vardhman Textiles Ltd.
- Welspun India Ltd.
- Reliance Industries Limited (Textiles)
- Aditya Birla Group (Textiles)
- Raymond Ltd.
- Others
Reports Description
India Textile Market was valued at USD 240.8 Billion in 2024 and is expected to reach USD 475.7 Billion by 2033, at a CAGR of 6.84% during the forecast period 2024 – 2033.
Textiles are woven or non-woven materials used to create clothing, upholstery, and other flexible goods. They come in a variety of natural and synthetic fibers, like cotton, wool, polyester, and nylon. The textile market refers to the global network of businesses that manufacture, distribute, and sell these textiles.
This market is huge, valued in the trillions of dollars, and is expected to keep growing due to rising clothing demand and the convenience of online shopping. It’s also becoming more diverse with the rise of technical textiles used for industrial purposes.
India Textile Market: Growth Factors
Growing Population and Rising Disposable Income
India’s textile market is primarily driven by its large and growing population, which creates a substantial demand for clothing and textiles. With a population exceeding 1.3 billion, India presents a vast consumer base for the textile industry. Moreover, the rising disposable income levels among the middle class and urban population further fuel this demand.
According to the Ministry of Statistics and Programme Implementation, India’s per capita income increased to USD 1615.55 in FY 2020-21, reflecting a steady rise in purchasing power. This growing purchasing power translates into increased expenditure on clothing and textiles, thus driving the market forward.
Government Initiatives and Policies
The Indian government’s proactive initiatives and policies play a crucial role in driving growth in the textile industry. Programs such as the ‘Make in India campaign and the ‘National Textile Policy aim to promote domestic manufacturing, boost exports, and attract investments into the sector.
Additionally, schemes like the Technology Upgradation Fund Scheme (TUFS) provide financial assistance and incentives for modernizing textile manufacturing units. According to the Ministry of Textiles, the government allocated USD 1.6 Billion for the textile sector in the Union Budget 2021-22, demonstrating its commitment to fostering growth and innovation in the industry.
India Textile Market: Restraints
Infrastructure Challenges
Despite significant progress, India’s textile industry still faces infrastructure challenges that hinder its growth potential. Inadequate transportation networks, outdated manufacturing facilities, and insufficient power supply infrastructure contribute to operational inefficiencies and higher production costs.
According to the Confederation of Indian Textile Industry (CITI), infrastructure bottlenecks increase production costs by up to 15-20% in some cases, making Indian textiles less competitive in the global market.
Fragmented Industry Structure
The Indian textile industry is highly fragmented, comprising numerous small-scale and unorganized players alongside larger corporations. This fragmented structure often leads to inefficiencies in production, distribution, and marketing. Small-scale producers face challenges such as limited access to finance, outdated technology, and lack of economies of scale.
Additionally, the presence of a large informal sector makes regulation and quality control difficult, impacting the overall reputation of Indian textiles in international markets.
India Textile Market: Opportunities
Sustainability and Eco-Friendly Textiles
Increasing awareness regarding environmental sustainability presents a significant opportunity for the Indian textile industry. Consumers are becoming more conscious of the environmental impact of textile production and are demanding eco-friendly and sustainable products.
The adoption of organic cotton, recycled materials, and eco-friendly manufacturing processes can help Indian textile manufacturers tap into this growing market segment. According to the Cotton Corporation of India, the demand for organic cotton in India has been increasing by 20-25% annually, indicating a promising opportunity for sustainable textiles.
Digital Transformation and E-Commerce
The rapid growth of e-commerce platforms presents new avenues for market expansion in the Indian textile industry. With the increasing penetration of smartphones and internet connectivity, online retailing has become increasingly popular among Indian consumers. Textile companies can leverage digital channels to reach a wider audience, improve customer engagement, and enhance the overall shopping experience.
According to the Ministry of Electronics and Information Technology, India’s digital economy is expected to reach USD 1 trillion by 2025, offering immense opportunities for textile businesses to capitalize on digital transformation and e-commerce trends.
India Textile Market: Segmentation Analysis
India Textile market is segmented by Application, Material and process.
Based on the application, India textile market is segmented into clothing, Technical and Household. Among all these segments, Clothing held the highest market share in 2023 due to its historical significance and widespread demand. Technical Application is potentially the fastest growing segment due to increasing demand for specialized textiles in various industries and technological advancements driving innovation.
Based on the Material, India textile market is segmented into cotton, jute, silk, synthetics and wool. Among all these segments, Cotton held the highest market share in 2023 due to its extensive use in various applications and popularity among consumers. Synthetics are the fastest growing segment due to their increasing use in technical textiles, athleisure wear, and affordability compared to natural fibers.
Based on the Process, India textile market is segmented into Woven and Non-woven. Among all these segments, Cotton held the highest market share in 2023 due to its long-standing presence and versatility in various applications. Non-woven textiles are the fastest growing subsegment due to their increasing use in industries such as healthcare, automotive, and geotextiles, driven by factors like cost-effectiveness, ease of production, and technological advancements in non-woven fabric manufacturing.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 240.8 Billion |
| Projected Market Size in 2033 | USD 475.7 Billion |
| Market Size in 2023 | USD 226 Billion |
| CAGR Growth Rate | 6.84% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Application, Material, Process and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Country Scope | India |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
India Textile Market: Regional Analysis
India’s textile market showcases diverse regional insights, reflecting the country’s rich cultural heritage and economic disparities. In the northern region, including states like Uttar Pradesh and Punjab, traditional handloom techniques thrive, producing intricate embroideries like chikankari and phulkari. These regions also house modern textile hubs, capitalizing on industrialization and technological advancements.
Moving southwards, Tamil Nadu emerges as a prominent textile hub, particularly known for its robust spinning mills and garment manufacturing units. The region benefits from skilled labor and a supportive infrastructure, contributing significantly to India’s textile exports.
In the western states of Gujarat and Maharashtra, a blend of traditional craftsmanship and industrialization is evident. Gujarat’s Ahmedabad stands out for its vibrant textile markets and entrepreneurial spirit, while Mumbai serves as a fashion capital, driving innovation and trends in the textile industry.
Eastern India, notably West Bengal and Odisha, maintains a stronghold in silk production, with renowned clusters like Murshidabad and Balasore. These regions specialize in exquisite handwoven silk sarees and fabrics, catering to both domestic and international markets.
Overall, India’s textile landscape is a tapestry of tradition, innovation, and regional specialization, reflecting the country’s dynamic socio-economic fabric. Understanding these regional nuances is crucial for stakeholders navigating the complexities of India’s textile market.
India Textile Market: Recent Developments
In February 2021, the Indian government unveiled plans to establish seven large-scale textile parks within the following three years. Additionally, they announced a decision to streamline tariffs on essential raw materials for synthetic textiles by decreasing customs duties on caprolactam, nylon chips, and nylon fiber and yarn to 5%.
List of the prominent players in the India Textile Market:
- Arvind Limited
- Vardhman Textiles Ltd.
- Welspun India Ltd.
- Reliance Industries Limited (Textiles)
- Aditya Birla Group (Textiles)
- Raymond Ltd.
- Siyaram Silk Mills Ltd.
- Bombay Dyeing and Manufacturing Company Ltd.
- The Lakshmi Mills Company Ltd.
- Grasim Industries Ltd.
- Sutlej Textiles and Industries Ltd.
- JCT Ltd.
- Mafatlal Industries Ltd.
- Morarjee Textiles Ltd.
- Century Textiles and Industries Ltd.
- Oswal Woolen Mills Ltd.
- KPR Mill Limited
- Trident Limited
- Nahar Spinning Mills Ltd.
- Nitin Spinners Ltd.
- Others
These key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The India Textile Market is segmented as follows:
By Application
- Clothing Application
- Industrial/Technical Application
- Household Application
By Material
- Cotton
- Jute
- Silk
- Synthetics
- Wool
By Process
- Woven
- Non-woven
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 India Textile Market, (2024 – 2033) (USD Billion)
- 2.2 India Textile Market: snapshot
- Chapter 3. India Textile Market – Industry Analysis
- 3.1 India Textile Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing Population and Rising Disposable Income
- 3.2.2 Government Initiatives and Policies
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Application
- 3.7.2 Market attractiveness analysis By Material
- 3.7.3 Market attractiveness analysis By Process
- Chapter 4. India Textile Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 India Textile Market: company market share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. India Textile Market – Application Analysis
- 5.1 India Textile Market overview: By Application
- 5.1.1 India Textile Market Share, By Application, 2023 and 2033
- 5.2 Clothing Application
- 5.2.1 India Textile Market by Clothing Application, 2024 – 2033 (USD Billion)
- 5.3 Industrial/Technical Application
- 5.3.1 India Textile Market by Industrial/Technical Application, 2024 – 2033 (USD Billion)
- 5.4 Household Application
- 5.4.1 India Textile Market by Household Application, 2024 – 2033 (USD Billion)
- 5.1 India Textile Market overview: By Application
- Chapter 6. India Textile Market – Material Analysis
- 6.1 India Textile Market overview: By Material
- 6.1.1 India Textile Market share, By Material, 2023 and 2033
- 6.2 Cotton
- 6.2.1 India Textile Market by Cotton, 2024 – 2033 (USD Billion)
- 6.3 Jute
- 6.3.1 India Textile Market by Jute, 2024 – 2033 (USD Billion)
- 6.4 Silk
- 6.4.1 India Textile Market by Silk, 2024 – 2033 (USD Billion)
- 6.5 Synthetics
- 6.5.1 India Textile Market by Synthetics, 2024 – 2033 (USD Billion)
- 6.6 Wool
- 6.6.1 India Textile Market by Wool, 2024 – 2033 (USD Billion)
- 6.1 India Textile Market overview: By Material
- Chapter 7. India Textile Market – Process Analysis
- 7.1 India Textile Market overview: By Process
- 7.1.1 India Textile Market share, By Process, 2023 and 2033
- 7.2 Woven
- 7.2.1 India Textile Market by Woven, 2024 – 2033 (USD Billion)
- 7.3 Non-woven
- 7.3.1 India Textile Market by Non-woven, 2024 – 2033 (USD Billion)
- 7.1 India Textile Market overview: By Process
- Chapter 8. India Textile Market – Regional Analysis
- 8.1 India Textile Market Regional Overview
- 8.2 India Textile Market Share, by Region, 2023 & 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Arvind Limited
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Vardhman Textiles Ltd.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Welspun India Ltd.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Reliance Industries Limited (Textiles)
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Aditya Birla Group (Textiles)
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Raymond Ltd.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Siyaram Silk Mills Ltd.
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Bombay Dyeing and Manufacturing Company Ltd.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 The Lakshmi Mills Company Ltd.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Grasim Industries Ltd.
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Sutlej Textiles and Industries Ltd.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 JCT Ltd.
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Mafatlal Industries Ltd.
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Morarjee Textiles Ltd.
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Century Textiles and Industries Ltd.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Oswal Woolen Mills Ltd.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 KPR Mill Limited
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Trident Limited
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Nahar Spinning Mills Ltd.
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Nitin Spinners Ltd.
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 Arvind Limited
List Of Figures
Figures No 1 to 21
List Of Tables
Tables No 1 to 2
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- Arvind Limited
- Vardhman Textiles Ltd.
- Welspun India Ltd.
- Reliance Industries Limited (Textiles)
- Aditya Birla Group (Textiles)
- Raymond Ltd.
- Siyaram Silk Mills Ltd.
- Bombay Dyeing and Manufacturing Company Ltd.
- The Lakshmi Mills Company Ltd.
- Grasim Industries Ltd.
- Sutlej Textiles and Industries Ltd.
- JCT Ltd.
- Mafatlal Industries Ltd.
- Morarjee Textiles Ltd.
- Century Textiles and Industries Ltd.
- Oswal Woolen Mills Ltd.
- KPR Mill Limited
- Trident Limited
- Nahar Spinning Mills Ltd.
- Nitin Spinners Ltd.
- Others
FAQs
The Fragmented Industry Structure is major restraint in India Textile market.
The Growing Population and Rising Disposable Income is major driver in India Textile market.
The “Clothing Application” had the largest share in the market for India Textile.
The key players in the market are Arvind Limited, Vardhman Textiles Ltd., Welspun India Ltd., Reliance Industries Limited (Textiles), Aditya Birla Group (Textiles), Raymond Ltd., Siyaram Silk Mills Ltd., Bombay Dyeing and Manufacturing Company Ltd., The Lakshmi Mills Company Ltd., Grasim Industries Ltd., Sutlej Textiles and Industries Ltd., JCT Ltd., Mafatlal Industries Ltd., Morarjee Textiles Ltd., Century Textiles and Industries Ltd., Oswal Woolen Mills Ltd., KPR Mill Limited, Trident Limited, Nahar Spinning Mills Ltd., Nitin Spinners Ltd., Others.
The market is projected to grow at a CAGR of 6.84% during the forecast period, 2024-2033.
The India Textile Market size was valued at USD 240.8 Billion in 2024.