ti IB e <s

Barge

Mt.
Kanpuro

o
bdhpur

.n Domestic Market
Textile & Apparel

I
^o^

D
BSPa'

Mysore

VatnfcQ

*"*.

Textile & Apparel's Contribution to India's GDP

GDP: USD 1.73 trillion

Private Consumption:
USD 1000 billion (58%)

Public Spending S Investment:

USD 730 billion (42%)

Others

Retail:
USD 470 billion (47%)

Non Retail:
USD 530 billion (53%)

Leisures Education.

Transports
Communication

Medical and . ,
1
health services
Apparel

Textile S Apparel
Domestic Market:
USD 58 billion (12%)

Textile S Apparel Exports:

USD 31 billion

Apparel
USD 40 billion (69%)

Textile
JSIJ IS billion (31%)

Gross rent,
fuel S power
Home Textile
J S D 4 b i l 22

Technical Textiles
USD 14 billion (78%)

All numbers are rounded off

Source. Technopak Analysis

technopak

India's total textile and apparel industry size (Domestic + Exports) was estimated lo be Rs 4.18.000 crores (USD 8
billion) in 2011 and is projected to grow at a CAGR of 9.5% to reach Rs 10,50,000 crores (USD 223 billion) by 2021

Domestic
Exports
Total INRfOOOCr]

All numbers are rounded off

Source Technopak Analysis

technopak
technopak

Overall Domestic Textile and Apparel Market

The current domestic textile and apparel market is worth Rs 2,73,350 Crores (USD 58 billion) and is expected to grow at
9% annually to reach Rs 6,63,800 Crores (USD 141 billion) by 2021

Apparel
USD 40 bn
INRCr 1.90,300

Home Textile
USD 4 bn
INR Cr 18,400

Technical Textiles
USD14bn
INRCr 64.650

Total
USD 58 bn
INRCr 2.73,350

Apparel
USD 63 bn
INRCr 2,94,000

Home Textile
USD 6 bn
NRCr 27,350

Technical Textiles
USD 24 bn
INRCr1.13.200

Total
USD 93 bn
INR Cr 4.34,550

Apparel
USD 98 bn
INR Cr 4,62,250

Home Textile
USD 9 bn
INRCr 40,800

Technical Textiles
USD 34 bn
INRCr 1.60,750

Total
USD 141 bn
INRCr 6.63,800

10

"Values given for apparel and home textile is a! ttie retail end. while for technical textiles it is a combiration of B2C and B2B depending on the end use of the category
All numbers are rounded oft
Source1 Technopak Analysis

technopak

ft ff f!)

LJ

ILJ LL> CJ

;ize and Growth

Indian domestic apparel market is expected to grow at a CAGR of 9%. Higher per capita consumption, favorable
consumer demographic and increase in prices will drive apparel market growth in India
Segment Split

Total Apparel Market INR (Cr)

4,62,250

Mens
Womens
Boys
i Girls
2011(E)

2016(P)

2021 (P)

2016 (P)

2021 (P)

All numbers are rounded off

Source. Technopak Analysis

technopak

Segment-wise Market Projections

Currently, menswear is the biggest segment of the apparel market, however, kidswear and womenswear are growing
faster than men's segments. Kidswear (Girls) has the highest growth rate.
Men's INR (Cr)

Women's INR (Cr)

1,75,300

201 HE

2016 (P)

2021 (P)

2011{E

Boys INR (Cr)

2016 (P)

2021 (P)

Girls INR (Cr)

52,230

2011(E)

2016 (P)

2021 (P)

2011(E)

2016 (P)

2021(P)

All numbers are rounded off

Source Technopak Analysis

technopak

fl ff ft ft

Denim, Activewear and T-Shirts are high growth categories in Menswear segment

30.000

INR fCr]
24.470

Shirts

Trousers Denim

Winter
wear

Inner
wear

T-Shirts

Suils

Others

Active
wear

Ethnic

Daily
wear

Market Size 2011 INR (Cr)

All numbers are rounded oft

Source1 Technopak Analysis

technopak

Womenswear Market

Denim, Innerwear and T-shirts are expected to demonstrate relatively higher growth rate in Womenswear segment

Segmenl
Average

650

IMarkel$ize2011INR(Cr)

470

320

CAGR (2011-21)

All numbers are rounded ofl

Source. Technopak Analysis

25

technopak

In the Boyswear segment, growth rate is highest for Denims followed by Winterwear and Tee/Shirts

, no.

Uniforms

Tee/Shirls

Bottomwear

Winterwear

Ethnic

Segmenl
Average

Others

All numbers are rounded off

Source Tectmopak Analysis

technopak

Girlswear Market

In the Girlswear segment, growth rate is highest for Denims followed by Winterwear and Tee/Shirts

6000

CAGR

INR (Cr)

5000 i

4000 -

Segment

Uniform

Ethnic

Dresses

Bottom wear

tm Market Size 20111NR (Cr)

All numbers are rounded off

Source: Technopak Analysis

Winter wear

Tee/Shirts

-m- CAGR (2011 -21)

Others

Denim

Home Textile Market Overview

Home textile market is expected to grow at a CAGR of 8% for next decade

Domestic Home Textile Market

Category-wise Market Break-up

INR (Cr)

I (CO
40,800

Categories

2011 (E)

2016{P)

2021(P)

CAGR2011-21

Bed Linen

8965

13170

19350

8 ftfQ

Towels

3320

4840

7060

8%

Curtains

a 1 .!'

2975

4790

10%

Blankets

1465

2040

2850

7%

Upholstery

MM

1915

3080

10%

Kitchen Linen

1110

1635

2400

8%

50!

'90

1250

10%

27,360

40.800

8%

Rugs & Carpets

Total
2011(E)

2016 (P)

...,,.,

2021 (P)

All numbers are rounded oil

Source. Technopak Analysis

28

technopak
technopak

Indian Fiber Supply Scenario

India produced 8.7 million tons of fiber in 2010-11. The fiber production has increased at a C A G R o f 4% between 2005-06 to 2010-11

Prod Growth
(5yrCAGR)

Imports Growth
(SyrCAGR)

Exports Growth
(SyrCAGR)

Vol.
('000 tons)

14

56

6%

71%

30%

896

32

162

7%

8%

31%

Acrylic

80

21

25

-6%

15%

16%

Other MMF
fiber

17

4%

14%

-4%

Fota MM!

1285

84

245

6%

17%

29%

Cotton

5525

58

1258

6%

-12%

10%

20

3%

-7%

-37%

1780

91

309

-2%

6%

31%

45

98

0%

1%

16%

8655

337

1810

4%

2%

14%

Fiber
!?mn 111

Production

'Imports

Vol.
('000 tons)

Vol.
('000 tons)

Viscose

305

Polyester

Jute

Total fiber

All numbers are rounded off

Source: Ministry ot Textiles, Technopak Analysis

technopak

29

n nnnnn

Indian

India's yarn production is around 6.3 million tons. The yarn production increased at a CAGR of 6% between 2005-06 and 2010-11
In 2010-11, 23% of the yarn produced was exported.
Production

Imports

Exports

Prod. Growth
(5 yi CAGR]

Imports
Growth
(5 yr CAGR)

Exports
Growth
(5 yr CAGR)

V
('000 tons)

Vol.
COM ions)

Vol.
COOO tons)

1 00% cotton spun yarn

3490

698

7%

-1%

4.80%

Cotton blend spun yarn

797

32

98

6%

12%

3%

100% nor cotton spun yarn

426

69

224

4%

27'

8'

Other Spun Yarn

1223

101

122

5%

21%

6%

Total Spun Yarn

4713

206

1020

?',)

':.'

MMFY'

1 549

130

v<>

6%

-4%

24%

41

13

b ,

32

-10%

1462

19

246

6%

-28%

18%

Nylon Filament Yarn

33

-2%

-29%

-18%

Otnei MMFY

13

96

198

0%

1 6'

.:.;

6262

336

1472

I,

Yarn (2010-11)

Viscose Filament Yarn

Polyester Filament Yarn

Total Yarn

9'!

All numbers are rounded of!

'MMFY Man-Made Filament Yarn
Source. Ministry of Textiles, Technopak Analysis

technopak

il
Indian Fabric Supply Scenario

India's fabric production is 62559 million square meters, increasing at 5% CAGR between 2005-06 and 2010-11. The overall growth
is higher for knit fabric compared to woven fabrics

Production

Imports

Exports

Prod.Growth
(Syr CAGR)

Imports Growth
(5yrCAGR)

Vol.
(mn sq mtrs)

Vol.
(mn sq mtrs)

Vol.
(mn sq mtrs)

Knit fabric

14634

693

337

7%

25%

27%

Woven fabric

47925

843

2471

4%

10%

9%

Cotton Woven

19460

148

839

5%

1%

6%

Synthetic
Woven

21943

200

1213

4%

4%

13%

Other Woven

6522

495

419

2%

18%

4%

Total Fabric

62559

1536

2808

5%

16%

10%

Fabric (201 0-1 1 )

Exports Growth
(Syr CAGR)

All numbers are rounded of!

Source : Ministry of Textiles, Technopak Analysis

31

technopak

U l i d i i (I
a! Textile

India's technical textiles market stands at INR 64,650 Crores (USD 14 billion) and is expected to grow at a CAGR of 10%

INR (Cr)
SINo

Segment

2011(E)

2016(P}

2021 (P)

CAGR

Packtech

27010

55350

81520

12%

Clothtech

7780

9310

10350

3%

Hometech

10440

17180

27650

10%

Mobiltech

4880

9230

12940

10%

Indutech

3500

4075

4430

2%

Sporttech

2410

3010

3420

4%

'

Buildtech

3040

5490

7490

9%

Meditech

1990

2530

2910

4%

Prolech

2295

4570

6570

11%

10

Agrotecti

790

1470

2050

10%

11

Geotech

440

880

1290

11%

12

Oekotech

75

105

130

6%

Total

64650

113200

160750

10%

All numbers are rounded off

Source Source : Ministry of Textiles. Technopak Analysis

32

technopak

Around 50% of the total textile machinery demand in India is met by indigenous machines
NR Ci

Oi'c'l'irv

2006-07

2007-08

2008-09

2009-10

2010-11

3,423

3.662

2,417

2,105

3,500

Synthetic fiber/yarn

564

625

413

630

too

Weaving & allied machines

581

622

410

495

600

Processing machines

594

635

419

460

700

Miscellaneous (Spinning, weaving and

processing machines)

173

185

122

120

150

Testing/Monitoring Equipment

114

122

60

30

50

Hosiery Machines

47

50

33

J5

50

Parts and Accessories

237

253

167

170

200

5 ?53

fi 1 55

4 (J6;<

4 245

0 150

Exports

425

640

607

525

650

Imports

6021

433?

3802

4500

5000

Total Domestic Demand

11349

9847

7258

7583

10500

47

56

48

49

53

Spinnings, Allied Machines

Tolal Production

% of Total Demand Met by Indigenous

Machine

All numbers are rounded off.

Source : Textile Machinery Manufacturers' Association, India

technopak

UliUttUttttUlittUUttUliUUU
Textile and apparel sector is the 2nd largest employment provider, next only to agriculture
Contribution of this sector to total factory industrial workforce stands at 19%
Contribution of readymade garment sector to total employment in textile sector has improved from 17% in 2006 to 25% in 2011
Break-Up of Employment in Core Textile Industry
2006

2006

2011
I Textile Industry

2011

2016 (P!

I Allied Industry

Handicraft and Handloom

Ready Made Garment

Sericulture

Decenlralised powerlooms

Woollen

Others'

'Others include Cotton/Man-made fiber/Yarn Textile/Mill Sector, Man-made fiber/Filament Yarn Industry, knitling and processing sector, jute industry
Soiree . Office of Textile Commissioner, India

technopak

Exports from India are expected to grow at 10% CAGR for next decade
Export growth rate of apparel will continue to be higher than that of textiles

India s Textile & Apparel Exports

Projections (USD bn)

Product-wise Exports Break-Up

Country-wise Exports Break-Up

USA

Apparel

UAE

Germany France

UK

Others

All numbers are rounded off

Source; UN Comtrade. Technopak Analysis

technopak