April I 2021

TEXTILES AND APPAREL

Textiles and Apparel Industry (US$

Key Facts as of FY20
billion)

220.0
150.0 Contributes
Contributes 2% Employs
12%
MARKET to India’s GDP over to India’s
SIZE 2020 2026F 45 million
people
export
earnings

Textiles Export Break-up (FY21**) Fabric Production in FY20*(million

RMG of all Textiles square metre)
5.1% 1.3%
5.9% Cotton Yarn/Fabs./Made- Cotton Yarn
ups/Handloom Products 1,603.0
12.8% Manmade
3,332.0
Blended & 100%
41.6% Yarn/Fabs./Made-ups
Handicrafts excl. Hand- Non-cotton Yarn
1,426.0 Man-made
made Carpet
SECTOR 33.4%
Carpet
1,431.0
Filament Yarn

COMPOSITION Jute Mfg. including Floor Man-made Fibre

Covering
Note: * - until January 2020; **Until February 2021

Textiles Trade (US$ billion)

39.2 38.7

22.9 26.1

7.3 7.56 9.86

6.06

FY18 FY19P FY20P* FY21**

KEY Export Import
TRENDS Note: * - till November 2019; **Until February 2021, imports include textile yarn fabric and made-up articles;
Exports include RMG of all textiles, cotton yarn/fabs./made-ups/handloom products, man-made
yarn/fabs./made-ups, handicrafts excl. handmade carpets, carpets, jute mfg. including floor coverings

National Textile Policy Khadi App Store Pradhan Mantri

GOVERNMENT Fasal Bima Yojana
INITIATIVES
Note: SAATHI - Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries

• Robust demand: The Indian technical textiles market is expected to expand to US$ 23.3 billion by 2027, driven by
increased awareness of goods and higher disposable incomes. Additionally, the pandemic has led to increased
demand for technical textiles in the form of PPE kits and equipment. Government is supporting the sector
through funding and machinery sponsoring.
• Competitive advantage: Abundant availability of raw materials such as cotton, wool, silk and jute.
• Policy support: 100% FDI (automatic route) is allowed in textiles. The upcoming textile policy is likely to focus on
setting up manufacturing hubs for textile machineries with the help of FDIs.
ADVANTAGE • Increasing Investments: Huge funds in schemes such as Integrated Textile Parks (SITP) (US$ 184.98 million) and
Technology Upgradation Fund Scheme (US$ 961.11 million) released by Government during 2015-16 to 2019-20 to
INDIA encourage more private equity and provide employment.

Copyright © 2021 IBEF. All rights reserved. www.ibef.org