Prospects for the textile and clothing industry in India, 2022

Prospects for the textile and clothing industry in India, 2022

This report examines the development of the textile and clothing industry in India, its size and structure, and textile and clothing production and consumption. In addition, the report features: a geographical, political and economic profile; a detailed analysis of the country's imports and exports; insight into government policies and investment incentives; an assessment of the industry's strengths, weaknesses, opportunities and threats (SWOT); and authoritative commentary on India's infrastructure and human resources and how these affect the industry. India ranks as the world's second largest producer of textiles and clothing after China, and is the sixth largest exporter of textiles and clothing to international markets. The textile and clothing industry represents one of the country's most important industrial sectors. In fact, it is India's largest manufacturing activity, and in 2021/22 it accounted for about 7% of India's industrial production and 10% of its national export earnings. The importance of the industry to India's economy is recognised by the Indian government in its provision of substantial assistance and support.