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Friday, April 17, 2009

The Indian textile industry

The Indian textile and apparel market is worth $52.5 billion (Rs 2,60,505 crore).

Out of this, the domestic market is $32 billion (Rs 1,58,720 crore) and exports $20.5 billion (Rs 1,01,679 crore).

The market is expected to grow from $52.5 billion (Rs 2,60,505 crore) in 2007 to $83 billion (Rs 4,11,679 crore) in 2012.

The manpower requirement would be about 6.5 million people in the next five years, with an estimated investment of Rs 1,25,500 crore.

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