India’s Textile & Apparel Industry 2026 – Gist in True Spirit
The report presents a data-rich view of a global industry in reset mode and India’s calibrated response.
Globally, apparel consumption is subdued, with the market at about US$ 1.9 trillion in 2025 and expected to reach US$ 2.3 trillion by 2030, while textile and apparel trade is around US$ 900 billion, still dominated by apparel and led by China but with buyers steadily diversifying towards Vietnam, Bangladesh and India. Higher US tariffs have triggered visible sourcing shifts away from China, softer order books, and inflationary pressure across key markets.
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For India, the T&A market is pegged at US$ 194 billion in 2025–26, driven primarily by domestic demand (about 80% share) with exports at US$ 37 billion and a stated ambition to reach US$ 100 billion by 2030–31. The report underlines rising investments (PM MITRA), policy support, a push into MMF and technical textiles, and highlights leading listed players as the backbone of this evolution.
CREDITS: The text is derived out of Wazir official Wazir Advisors Annual T&A Industry Report | 2026 received from its official id & is unedited by us.
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