The sourcing market of textiles and apparels in India is on a constant rise due to various factors. The country has a long history in textile production and with the current competitive advantages in manufacturing, the country is among the world’s leading textile producers. Over the last few years, the textile and apparel industry of India has grown at a fast pace. These factors can be attributed to government support policies, qualified personnel, and availability of raw materials. The Indian government has also come up with policies such as the Production Linked Incentive (PLI) scheme for textiles that has encouraged manufacturing capabilities, thus supporting the growth of the industry even further.
Moreover, the sourcing appeal of India is greatly supported by the country’s diverse textile tradition. Right from handloom and handicrafts to fully automatic, technologically advanced textile mills, India has everything to meet all the segments of sourcing. This flexibility has helped India become one of the favorite destinations for international brands and traders seeking good quality low cost textiles. The trend towards the choice of sustainable and ethical sources has also benefited the textile industry in India. The country has endeavored to adopt sustainable production practices and follow global labor standards to improve its status as a credible and socially responsible sourcing destination. Hence, the future outlook of Indian textile and apparel sourcing market appears to be bright. Technology, infrastructure and skills development are expected to improve the sector capabilities and competitiveness in the global market.
In the current issue, we introduce you to the top companies in this sector. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this industry with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
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