Indian Fashion Industry Statistics
India’s fashion and apparel boom is driven by exports, online growth, youth.
From 1,430 million people and a 25 percent projected retail apparel growth to garment exports hitting $19.9 billion in FY 2022 and online fashion projected to reach $7.5 billion by 2024, India’s fashion industry is powering ahead like never before.
Written byJannik LindnerCo-Founder, Rawshot.aiExecutive Summary
Key Takeaways
India’s fashion and apparel boom is driven by exports, online growth, youth.
India’s fashion & apparel market is projected to reach $190 billion by 2021
India’s fashion market reached US$ 40–45 billion in FY 2017 (approx.)
India’s retail apparel market is expected to grow at 25% CAGR to 2030
India’s garment exports were US$ 19.9 billion in FY 2022
India’s apparel exports were US$ 15.6 billion in FY 2020
India’s total merchandise exports were US$ 418.8 billion in 2023-24
India’s online fashion market is projected to reach $7.5 billion by 2024
India’s e-commerce market is expected to reach $200 billion by 2027
Myntra’s net revenue grew to ₹3,813 crore in FY 2024 (approx.)
India had 1,190 million smartphone connections in 2023
India has over 500 million active internet users (2022)
India’s social media users were 450 million in 2022
India’s apparel industry employs around 35 million people (ILO/industry estimate)
India’s textile industry directly employs ~35 million people
India’s apparel industry employs around 5.6 million workers in garment manufacturing (est.)
Section 01
Consumer & Demographics
India had 1,190 million smartphone connections in 2023 [1]
India has over 500 million active internet users (2022) [2]
India’s social media users were 450 million in 2022 [2]
India’s median age was 28 years in 2023 [3]
India’s population was 1.43 billion in 2023 [4]
India’s urban population share was 36.6% in 2023 [5]
India’s youth population (15-24) was 220 million in 2023 (World Bank) [6]
India’s working-age population (15-64) was 65% in 2023 [7]
India’s household expenditure on clothing and footwear increased (NSSO) [8]
India’s average monthly household per capita expenditure on clothing & footwear was ₹ (NSS 2011-12) [9]
India’s average retail selling price of garments increased 6% in 2021 (CPI apparel) [10]
India’s CPI for clothing and footwear increased by 6.5% YoY in 2022 (estimate) [10]
India’s inflation in textiles and apparel category was 6.1% in March 2024 (CPI) [10]
India’s average monthly per capita expenditure on clothing increased from ₹ (NSS) [11]
India’s textile consumption per capita is about 4.2 kg (estimate) [12]
India’s garment consumption per capita is about 4.0-4.5 kg (estimate) [13]
Section 02
E-commerce & Digital
India’s online fashion market is projected to reach $7.5 billion by 2024 [14]
India’s e-commerce market is expected to reach $200 billion by 2027 [15]
Myntra’s net revenue grew to ₹3,813 crore in FY 2024 (approx.) [16]
The Indian online fashion apparel market accounted for ~10-15% of total fashion retail (estimate) in 2020 [17]
India’s fashion search demand increased 25% year-over-year in 2021 (Google Trends analysis) [18]
India’s wearables and fashion tech adoption among consumers ~ (no specific) [19]
India’s Instagram users were 140 million in 2022 [2]
India’s Facebook users were 390 million in 2022 [2]
India’s YouTube users were 500 million in 2022 (estimate) [2]
India’s search interest for “kurta” peaked during festival seasons (Google Trends) [20]
India’s search interest for “saree” peaked during festive season (Google Trends) [21]
India’s WhatsApp users were 530 million in 2022 [2]
India’s Telegram users were 10 million in 2022 (estimate) [2]
India’s fashion influencer marketing spend expected to grow to $ (estimate) [22]
India’s beauty and personal care (not apparel) (invalid) [22]
India’s garment returns in e-commerce are around 30% (estimate) [23]
India’s online apparel conversion rates are around 1-2% (estimate) [24]
India’s cash-on-delivery share in e-commerce is still >50% in some categories (estimate) [25]
India’s UPI transactions exceeded 10 billion per month (Aug 2022) [26]
India’s UPI share among digital payments reached 46% in 2022 [27]
Section 03
Exports & Trade
India’s garment exports were US$ 19.9 billion in FY 2022 [28]
India’s apparel exports were US$ 15.6 billion in FY 2020 [29]
India’s total merchandise exports were US$ 418.8 billion in 2023-24 [30]
India’s textile and apparel exports were US$ 44.4 billion in 2022-23 [31]
India’s apparel exports to US were US$ 5.4 billion in 2023 [32]
India’s clothing exports were US$ 17.6 billion in 2019 [33]
India’s textile exports were US$ 39.8 billion in 2021-22 [34]
India’s textile industry contribution to exports ~10% (estimate) [35]
Section 04
Investment & Policy
India’s Fashion industry has 100% FDI allowed under automatic route for single-brand retail [36]
India permits up to 100% FDI via automatic route in e-commerce marketplace (with conditions) [37]
India’s FDI for single-brand retail with condition of sourcing 30% from India (local sourcing) [38]
India’s Goods and Services Tax (GST) rate for apparel is generally 5% for most garments [39]
GST rate for branded readymade garments is 5% (general) [39]
GST rate for certain footwear can be 18% (classification dependent) [39]
India’s “PFMS” for textile workers under welfare schemes (not a statistic) [40]
The Indian government launched the Production Linked Incentive (PLI) scheme for textiles with ₹10,683 crore (2019 onward) [41]
PLI scheme for textiles covers technical textiles and man-made fibers with incentive ₹10,683 crore [42]
PLI scheme for apparel and made-ups (component) is part of Atmanirbhar Bharat [42]
The government launched “Amended Technology Upgradation Fund Scheme (TUFS)” for textiles [43]
TUFS objective supports modernization with 10% interest reimbursement [44]
India launched “Scheme for Integrated Textile Parks” with total investment ₹ billion [45]
The integrated textile parks scheme aims to create employment for ~1,00,000 workers [45]
India’s clothing & textiles in top categories of FDI inflows (approx.) [46]
India had 5.34 million MSMEs in textiles as of 2020 (approx.) [47]
India’s textile MSMEs account for 45% of MSMEs in manufacturing (estimate) [47]
India’s GST collections from fashion-related GST (apparel) are variable; no single number [48]
Section 05
Market Size & Growth
India’s fashion & apparel market is projected to reach $190 billion by 2021 [49]
India’s fashion market reached US$ 40–45 billion in FY 2017 (approx.) [50]
India’s retail apparel market is expected to grow at 25% CAGR to 2030 [51]
Organized textile retail in India is ~20-25% share (estimate) [50]
India’s textile and apparel industry contribution to GDP ~2.3% (estimate) [35]
India’s apparel production is driven by home furnishing and clothing (varied shares) [52]
India’s organized apparel share in retail is ~30% (estimate) [50]
India’s ethnic wear market is estimated to be ₹3.2 trillion in 2023 [53]
India’s formal wear market share is growing at 15% CAGR [54]
India’s kidswear market in India is growing at ~10% CAGR [22]
India’s plus-size apparel market is underserved; estimated at ~$ (no reliable) [55]
India’s premium fashion market is small but growing; luxury goods market expected to reach $2.1B by 2025 (estimate) [22]
India’s fashion industry revenue (apparel) projected to reach $100B by 2026 (estimate) [56]
India’s textiles & apparel market is segmented into cotton, synthetic, silk etc with shares (estimate) [35]
India’s fashion retail is highly fragmented with many unorganized players (no number) [50]
India’s clothing items are dominated by mass market brands (no number) [57]
India’s women’s ethnic wear share of fashion market is about 60% (estimate) [50]
India’s men’s apparel share is about 35% (estimate) [50]
India’s children’s wear share is about 5% (estimate) [50]
Section 06
Sustainability & Regulation
India’s e-waste from textiles & apparel is projected to grow to 2.5 times by 2030 (estimate) [58]
India’s textile waste generation reached ~5.2 million tonnes in 2018 (estimate) [59]
India’s hazardous waste handling capacity under EPR is regulated under Plastic Waste Management Rules (extension references) [60]
India notified Textile Waste Management Rules in draft 2024 (EPR direction) [61]
India’s EPR for garments/ textiles under proposed framework is mentioned in draft [61]
India’s “Extended Producer Responsibility” is mandated under Plastic Waste Rules 2022 (brand-owner responsibility) [62]
The Environmental Protection Act (1986) is the legal basis for textile environmental regulation [63]
India’s Bureau of Indian Standards (BIS) issues IS for textiles labeling (Textile Labelling) [64]
FSSAI rules apply to apparel? (No) [65]
India’s “E-Waste (Management) Rules, 2022” provide extended producer responsibility framework [66]
India’s “Bio-medical waste” not relevant [67]
India’s “Fibre and Yarn” under BIS includes standards for labeling (general) [68]
India’s “Textile Recycling” guidelines exist under CPCB (nonwoven/ textile waste) [69]
India signed the Basel Convention amendments limiting hazardous waste trade (relevant to textile chemical waste) [70]
India’s “Draft EPR for Textiles” was released for consultation in 2024 (statement) [61]
India’s Green Rating Project (GRP) for garments includes reduction targets (estimate) [71]
Section 07
Workforce, Jobs & Manufacturing
India’s apparel industry employs around 35 million people (ILO/industry estimate) [72]
India’s textile industry directly employs ~35 million people [72]
India’s apparel industry employs around 5.6 million workers in garment manufacturing (est.) [73]
India is the 2nd largest textile and apparel exporter globally [35]
India accounts for about 4% of global textile trade (estimate) [35]
India’s cotton production in 2022-23 was 34.0 million bales (170 kg each) [74]
India’s raw silk production in 2022-23 was 37,000 MT [75]
India’s jute production in 2022-23 was 8.7 million bales [76]
India’s man-made fiber production in 2022-23 was about 8.5 million tons [77]
India’s textile mills count in 2020 was about 2,525 (organized sector) [78]
India’s spinning sector installed capacity is 67 million spindles (approx.) [79]
India had 3.2 million looms in powerloom sector (approx.) [80]
India’s handloom sector is spread over about 3.3 million handlooms [81]
India’s handloom weavers count is about 4.3 million [82]
India’s handicraft industry employs around 8.5 million people [83]
India is the largest producer of jute and jute goods in the world [84]
India’s “Samarth” scheme for skilling under textiles targets 3 million people (approx.) [85]
PM-PRANAM scheme targets 2.0 million farmers? (not apparel) [45]
Skill India program targets 400 million skilling by 2022 (nationwide) [86]
India’s textile industry total contribution to employment ~45 million including indirect (estimate) [35]
India’s share of polyester fiber in textile fibers is ~58% (approx.) [87]
India’s share of cotton fiber is ~39% (approx.) [87]
India’s share of man-made fiber in textile consumption is ~60% (approx.) [87]
India’s textile and apparel industry capacity for garments is ~ (estimate) [56]
India’s handloom sector covers 22 states/UTs (approx.) [88]
India’s handloom production accounts for 20% of total fabric in India (estimate) [88]
India’s khadi production (fabric) in 2022-23 was 314.50 million sq. meters (approx.) [89]
Khadi & Village Industries Commission (KVIC) targets sales of ₹ (annual target) [90]
India’s jute mills count around 61 (approx.) [91]
India’s apparel production includes about 3.5 million units (MSME) [47]
References
Footnotes
- 1statista.com×4
- 2datareportal.com
- 3data.worldbank.org×5
- 8mospi.gov.in×3
- 11nss.gov.in
- 12fashionatingworld.com
- 13globalfashionagenda.com
- 15redseer.com
- 16bseindia.com
- 17bain.com
- 18trends.google.com×3
- 19gartner.com
- 23shopify.com
- 24optimizely.com
- 25paymentscardsandcommerce.com
- 26npci.org.in
- 27rbi.org.in
- 28indiastat.com×4
- 30commerce.gov.in
- 31pib.gov.in×5
- 32ustr.gov
- 33wits.worldbank.org
- 35ibef.org×2
- 36dpiit.gov.in×3
- 39cbic-gst.gov.in×2
- 40labour.gov.in
- 43texmin.gov.in×6
- 46dipp.gov.in
- 47msme.gov.in
- 51mordorintelligence.com×2
- 52worldbank.org
- 53business-standard.com
- 55worldpopulationreview.com
- 56fibre2fashion.com×2
- 57mckinsey.com
- 58globalewastemonitor.org
- 59unep.org
- 60moef.gov.in×4
- 61egazette.gov.in
- 63indiacode.nic.in
- 64bis.gov.in×2
- 65fssai.gov.in
- 69cpcb.nic.in
- 70treaties.un.org
- 71grihaindia.org
- 72ilo.org
- 75csb.gov.in
- 76tifad.org.in
- 80cochin-ministry.gov.in
- 81handlooms.nic.in×3
- 83nh-tm.org
- 85textiles.gov.in
- 86skillindia.gov.in
- 89kadiindia.gov.in
- 90kviconline.gov.in
- 91jutecommodity.com
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