The textiles and apparel sector is one of the oldest industries in India and has been playing a crucial role in strengthening the economy of the country. This industry has been extremely vivid, varied, and vibrant with conventional hand spinning and hand weaving on the one hand, and highly sophisticated, capital-intensive garments exporters on the other. The decentralized power looms, hosiery and knitting sector in the country make for the heftiest part of India’s textile sector.
There is a close connection between India’s agriculture and textile industry as the latter depends upon it for the supplies of raw materials such as cotton. When compared to other industries in the country, the textile industry is unique in various terms because of so many ancient cultures and traditions in the field of cloth weaving and knitting. Today, the textiles industry in India is producing a comprehensive range of apparel perfectly suitable for different market segments not only in India but also across the globe. Reputed suppliers for clothing today enjoys a formidable reputation the world over.
Market size at a glance
Currently, India’s textiles and apparel industry employ more than 4.5 crore people across the country out of which 33 lakh plus people are occupied as handloom workers. In the year 2018-19, the industry contributed 7% to the industry output by value which was around 2% to the GDP. Some of the major exports of textiles include the following:
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Cotton yarns
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Fabrics
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Made-ups
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Handloom products
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Man-made yarns
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Handicrafts excl.
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Handmade carpets, and
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Carpets and jute mfg. including floor coverings
All these commodities stood at around 22.89 billion USD between April 2021 and October 2021. Industry experts are of the view that by the end of the year 2029, the Indian textile industry is going to reach the mark of 209 billion USD triggering the establishment of more and more woven garments factories in India. As for cotton production in the country, it is expected to reach the mark of 37.10 million bales with a consumption of around 114 million bales in the financial year 2021-22. Despite the pandemic, the textile exports of the country grew at an encouraging rate of 9% in the financial year 2021 giving a boost to the businesses of the best garment manufacturer in India.
Retail apparel trade in India
The retail trade of apparel in India is spread across specialty stores, departmental stores, online stores, and hypermarkets/discount stores. A large number of mega shopping malls can be seen both in metro and mini metro cities across the country. In recent years, attention has shifted to class ‘B’ and ‘C’ cities targeting both urban and rural areas. Top men’s apparel manufacturer in India is also opening various brand outlets in these malls to provide their products at competitively lesser prices through direct supply.
Currently, the textiles and apparel industry in India is manufacturing more than 100 types of premium quality apparel with compelling style and appeal for men, women, and children in the best apparel factory in India. Some of the top apparel variants include the following:
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Overcoats/raincoats
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Suits and ensembles
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Jackets and dresses
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Skirts and trousers
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Shirts and blouses
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Inner garments and T-shirts
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Jerseys/pullovers and babies garments, and
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Accessories including shawls, scarves, handkerchiefs, and gloves.
The fabric used in the manufacturing of all these products constitutes around 70% of the total production cost, 15% of the labor involved, and the rests go for other overheads as well as the profits of the export clothes manufacturers in India.
Government Initiatives
In the past few years, the government of India has taken so many initiatives to enact some promotion policies for the apparels and textiles industry. The government has given a green signal to 100% FDI in this sector, and the PLI scheme involving around 1.44 billion US dollars is likely to be a great booster for the apparel manufacturers in India. The scheme aims at incentivizing the following:
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MMF (man-made fiber) Apparel
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MMF Fabrics, and
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10 different segments of Technical Textiles products.
Apart from the above, the given below policies of the government can also be considered to be the most favorable ones which will provide the textiles and apparels manufacturers with attractive incentives:
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Technology Mission on Technical Textiles (TMTT)
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Swarnjayanti Gram Swarozgar Yojana (SGSY)
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Integrated Processing Development Scheme (IPDS)
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Merchandise Exports from India Scheme (MEIS)
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Amended Technology Upgradation Fund Scheme (ATUFS)
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Scheme for Integrated Textile Parks (SITP)
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Integrated Skill Development Scheme (ISDS)
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Market Development Assistance (MDA)
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Market Access Initiative (MAI).
Road Ahead
After the launching of the Make in India campaign, India is progressing by leaps and bounds through so many meaningful initiatives to provide the required boost to its technical textile industry. Owing to the pandemic over the past two years, there has been a never-before rise in the demand for modern PPE suits and equipment, and the government has also come up with all the necessary funding as well as machinery sponsoring initiatives. The top garment manufacturer in India in the sector is achieving high sustainability in its products through the new-age manufacturing of textiles that make use of natural recyclable materials.
As far as the future of the Indian textiles industry is concerned, it looks extremely promising, buoyed by an ever-growing domestic consumption and high demands in exports. Each apparel factory in India is adopting new-age production technologies to keep pace with the world. The retail sector across the country is experiencing fast-paced growth due to the ever-growing consumerism and disposable income of the people.
Concluding Remarks
Modelama Exports Pvt. Ltd. is one of the leading clothing manufacturers in India. The company understands the exacting needs of its customers both in India and abroad, and tailors clothing accordingly. It has proven technical expertise and efficiency within the field and has created various benchmarks of excellence in the woven garment market. Modelama Exports has always focused on the newer landmarks in innovation and creativity