GITNUXREPORT 2026

Indian Fashion Industry Statistics

India's fashion industry is thriving with rapid growth in e-commerce and luxury segments.

Gitnux Team

Expert team of market researchers and data analysts.

First published: Feb 13, 2026

Our Commitment to Accuracy

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Key Statistics

Statistic 1

Ethnic wear dominates with 60% share in women's apparel market in India FY2023

Statistic 2

Cotton textiles account for 65% of India's total textile production in 2023

Statistic 3

Synthetic apparel segment grew 22% YoY to INR 1.1 trillion in FY2023

Statistic 4

Handloom sector produces 95% of world's handloom fabrics, valued at INR 60,000 crore in 2023

Statistic 5

Leather apparel and goods segment exports USD 4.5 billion in FY2023

Statistic 6

Denim fabric production in India reached 1.2 billion meters in 2023

Statistic 7

Woolen apparel market in India valued INR 150 billion, 8% of total winter wear

Statistic 8

Jute textiles used in fashion bags and accessories produced 2.5 million MT in FY2023

Statistic 9

Technical textiles segment in India growing at 15% CAGR, valued USD 18 billion in 2023

Statistic 10

Khadi fabric production hit 400 million meters in 2023, up 25% YoY

Statistic 11

Embroidered textiles exports from India USD 2.8 billion in FY2023

Statistic 12

Banarasi saree production centers produce 150 million sarees annually

Statistic 13

Kanjeevaram silk sarees market INR 20,000 crore, 80% from Tamil Nadu

Statistic 14

Chanderi fabric used in lehengas produced 50 million meters in 2023

Statistic 15

Bandhani tie-dye textiles exports USD 500 million, Gujarat leads with 60%

Statistic 16

Phulkari embroidery segment in Punjab valued INR 5,000 crore annually

Statistic 17

Lucknowi Chikankari production 100 million pieces in 2023

Statistic 18

Jamdani sarees from West Bengal output 10 million units yearly

Statistic 19

Patola silk sarees, Patan Gujarat, annual sales INR 1,000 crore

Statistic 20

Kashmiri Pashmina shawls production 1 million pieces, USD 200 million market

Statistic 21

Maheshwari sarees from MP, 5 million produced annually

Statistic 22

Tant sarees West Bengal production 80 million meters fabric

Statistic 23

Ikat textiles Andhra Pradesh, exports USD 100 million in 2023

Statistic 24

Kalamkari printed fabrics 20 million meters, AP/Telangana

Statistic 25

Applique work from Odisha, Pipli, INR 500 crore market

Statistic 26

Block printing textiles from Bagru/Sanganer, Rajasthan, 50 million meters

Statistic 27

Batik textiles production India 10 million sqm, Gujarat leads

Statistic 28

45% of Indian women prefer ethnic wear for daily use as per 2023 survey

Statistic 29

62% of Gen Z in India shop fashion online weekly in 2023

Statistic 30

Sustainable fabrics preferred by 55% urban Indian consumers in 2023 survey

Statistic 31

70% Indian shoppers influenced by social media influencers for fashion buys in 2023

Statistic 32

Average annual fashion spend per urban Indian household INR 25,000 in 2023

Statistic 33

48% millennials prioritize brand over price in apparel purchases 2023

Statistic 34

Western wear adoption among Tier-2/3 city women rose to 35% in 2023 from 20% in 2019

Statistic 35

65% consumers seek personalized fashion recommendations via apps in 2023

Statistic 36

Festive season sales account for 40% of annual fashion revenue in India 2023

Statistic 37

52% Indian men prefer casual wear over formals in daily life 2023 survey

Statistic 38

Vegan leather demand up 300% among urban youth in 2023

Statistic 39

75% women aged 18-35 buy sarees online in 2023

Statistic 40

Thrift shopping popularity: 28% Gen Z bought second-hand fashion in 2023

Statistic 41

Size inclusivity demand: 40% consumers want more plus-size options 2023

Statistic 42

60% prefer fusion wear combining ethnic-western styles in 2023

Statistic 43

Wedding guest wear budget average INR 10,000 per outfit in 2023

Statistic 44

55% influenced by Bollywood fashion trends annually

Statistic 45

Comfortwear post-pandemic preference 68% for loungewear in 2023

Statistic 46

42% Tier-2 consumers upgrading to premium fashion brands 2023

Statistic 47

AR try-on features used by 35% online shoppers in 2023

Statistic 48

Gender-neutral clothing demand up 25% among youth 2023

Statistic 49

50% prefer made-in-India brands post-2020

Statistic 50

Summer wear sales peak with 30% linen/cotton preference 2023

Statistic 51

65% women invest in work-from-home chic outfits 2023

Statistic 52

Street style inspired purchases 40% via Instagram 2023

Statistic 53

Eco-labels sway 48% purchases in urban markets 2023

Statistic 54

Men's grooming linked fashion spend up 20% to INR 5,000 avg 2023

Statistic 55

70% festive buyers opt for customizable ethnic wear 2023

Statistic 56

Indian fashion industry employs 45 million people directly and indirectly in 2023

Statistic 57

Textile sector provides 14% of industrial employment in India FY2023

Statistic 58

Women constitute 70% workforce in handloom sector, 4 million employed 2023

Statistic 59

Garment manufacturing jobs 5 million, 80% women in organized sector 2023

Statistic 60

Skill gap: 30% shortage of trained designers in fashion industry 2023

Statistic 61

Sustainability initiatives cover 25% of textile mills with zero liquid discharge 2023

Statistic 62

Organic cotton farming employs 2.5 million farmers, 1.2 million hectares 2023

Statistic 63

Recycling rate in fashion industry at 5%, target 20% by 2025

Statistic 64

40% brands adopt traceability tech for supply chains 2023

Statistic 65

Carbon footprint of Indian apparel avg 15 kg CO2 per garment 2023

Statistic 66

MSME fashion units 12 million, employ 60 million indirectly 2023

Statistic 67

Vocational training reaches 1 million youth in textiles annually 2023

Statistic 68

Water usage in dyeing reduced 40% in 500 mills via tech 2023

Statistic 69

Artisan employment in handicrafts 7 million, 50% women 2023

Statistic 70

Gig workers in fashion e-commerce 500,000 delivery roles 2023

Statistic 71

15% reduction in chemical use via bio-dyes in 200 units 2023

Statistic 72

Fashion startups 1,200 funded, creating 50,000 jobs since 2020

Statistic 73

Labour compliance 70% in organized apparel firms 2023 audit

Statistic 74

Bamboo textiles employ 1 million in Northeast India 2023

Statistic 75

Digital design tools training for 200,000 workers 2023

Statistic 76

Waste textile recycling plants 50 operational, 100,000 tons/year 2023

Statistic 77

India exported textiles and apparel worth USD 16.2 billion in FY2023

Statistic 78

USA is top destination for Indian apparel exports at 27% share USD 4.4 billion in 2023

Statistic 79

EU imports 22% of India's textile exports, valued USD 3.6 billion FY2023

Statistic 80

Ready-made garments exports grew 10% to USD 12.3 billion in FY2023

Statistic 81

Bangladesh imports USD 1.2 billion cotton yarn from India in 2023

Statistic 82

UAE receives 8% of Indian fashion exports USD 1.3 billion FY2023

Statistic 83

Man-made textiles exports USD 5.8 billion, 36% of total in 2023

Statistic 84

Handicraft fashion items exports USD 2.5 billion, 15% growth 2023

Statistic 85

UK post-Brexit imports USD 900 million Indian apparel 2023

Statistic 86

Australia FTA boosts apparel exports to USD 400 million in 2023

Statistic 87

Cotton yarn exports USD 2.1 billion, top to Bangladesh/China 2023

Statistic 88

Home textiles exports USD 4.2 billion, USA 40% share FY2023

Statistic 89

Leather fashion exports USD 4.5 billion, Italy/USA key markets 2023

Statistic 90

Silk garments exports USD 300 million, EU/Japan lead 2023

Statistic 91

Technical textiles exports target USD 10 billion by 2025, USD 3 billion in 2023

Statistic 92

Gems & jewelry fashion exports USD 35 billion, USA 45% FY2023

Statistic 93

Carpet exports USD 1.8 billion, Germany/USA top 2023

Statistic 94

Jute fashion products exports USD 50 million, EU major buyer 2023

Statistic 95

Woolen knitwear exports USD 150 million to Middle East 2023

Statistic 96

Embroidered garments exports USD 2.8 billion, UK/USA 2023

Statistic 97

Denim exports USD 1.5 billion, Bangladesh imports 30% 2023

Statistic 98

Activewear exports USD 800 million, USA/EU growing 2023

Statistic 99

Sustainable apparel exports up 20% to USD 2 billion 2023

Statistic 100

E-commerce fashion exports USD 1 billion via platforms 2023

Statistic 101

Footwear exports USD 2.3 billion, Vietnam competition noted 2023

Statistic 102

Import of synthetic fabrics USD 3.5 billion, China 60% share 2023

Statistic 103

Machinery for textiles imported USD 2.8 billion Germany/China 2023

Statistic 104

The Indian apparel market size stood at USD 79.81 billion in 2023 and is expected to grow at a CAGR of 8.76% to reach USD 171.60 billion by 2032

Statistic 105

Indian textile and apparel industry contributes 2% to India's GDP and 10-12% to total exports as of 2023

Statistic 106

The ethnic wear segment in India generated revenue of INR 2.5 trillion in FY2023, growing at 15% YoY

Statistic 107

Indian fashion e-commerce market reached USD 6.5 billion in 2023, projected to hit USD 20 billion by 2028 at CAGR 25%

Statistic 108

Luxury fashion market in India valued at USD 8.5 billion in 2023, expected to double to USD 17 billion by 2027

Statistic 109

Indian menswear market size was INR 1.2 trillion in 2023, with 12% CAGR forecasted till 2028

Statistic 110

Women's apparel segment accounts for 38% of total Indian apparel market revenue in 2023

Statistic 111

Footwear market in India reached USD 15.2 billion in FY2023, growing 18% YoY

Statistic 112

Indian bridal wear market valued at USD 15 billion in 2023, expected to grow at 10% CAGR to 2029

Statistic 113

Sustainable fashion market in India projected to reach USD 15 billion by 2025 from USD 5 billion in 2022

Statistic 114

Total Indian fashion retail sales hit INR 5.5 trillion in FY2023, up 20% from previous year

Statistic 115

Kidswear market in India grew to USD 4.5 billion in 2023 at 14% CAGR since 2019

Statistic 116

Activewear segment in Indian fashion market valued at INR 300 billion in 2023, CAGR 22%

Statistic 117

Indian handbag and accessories market size USD 3.8 billion in 2023, projected 12% growth

Statistic 118

Denim market in India reached INR 250 billion in FY2023, 15% YoY growth

Statistic 119

Lingerie market in India valued at USD 2.1 billion in 2023, expected CAGR 11.5% to 2030

Statistic 120

Indian fashion jewelry market size USD 7.2 billion in 2023, growth 9% annually

Statistic 121

Sportswear retail sales in India hit INR 450 billion in 2023, 25% increase

Statistic 122

Indian plus-size fashion market growing at 18% CAGR, valued USD 1.8 billion in 2023

Statistic 123

Vintage and second-hand fashion market in India reached INR 50 billion in 2023

Statistic 124

Indian formal wear market size INR 800 billion in FY2023, 10% growth

Statistic 125

Athleisure segment valued at USD 2.3 billion in 2023, projected USD 5 billion by 2028

Statistic 126

Indian sleepwear market reached INR 120 billion in 2023, CAGR 13%

Statistic 127

Luxury leather goods market in India USD 1.2 billion in 2023, 15% growth

Statistic 128

Streetwear fashion market in India grew to INR 180 billion in 2023 at 20% CAGR

Statistic 129

Indian couture market valued at USD 4 billion in 2023, stable growth post-pandemic

Statistic 130

Ready-to-wear (RTW) segment accounts for 45% of Indian apparel market in 2023

Statistic 131

Indian fashion exports target USD 45 billion by 2025 from USD 16.2 billion in 2023

Statistic 132

Online fashion sales penetration in India at 25% of total apparel sales in 2023

Statistic 133

Indian fashion industry FDI inflows reached USD 1.5 billion in FY2023

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Soaring from a $79.81 billion market today to a projected $171.60 billion by 2032, India's fashion industry is not just weaving fabric but stitching together a dynamic future fueled by deep-rooted tradition, digital acceleration, and a global ambition.

Key Takeaways

  • The Indian apparel market size stood at USD 79.81 billion in 2023 and is expected to grow at a CAGR of 8.76% to reach USD 171.60 billion by 2032
  • Indian textile and apparel industry contributes 2% to India's GDP and 10-12% to total exports as of 2023
  • The ethnic wear segment in India generated revenue of INR 2.5 trillion in FY2023, growing at 15% YoY
  • Ethnic wear dominates with 60% share in women's apparel market in India FY2023
  • Cotton textiles account for 65% of India's total textile production in 2023
  • Synthetic apparel segment grew 22% YoY to INR 1.1 trillion in FY2023
  • 45% of Indian women prefer ethnic wear for daily use as per 2023 survey
  • 62% of Gen Z in India shop fashion online weekly in 2023
  • Sustainable fabrics preferred by 55% urban Indian consumers in 2023 survey
  • India exported textiles and apparel worth USD 16.2 billion in FY2023
  • USA is top destination for Indian apparel exports at 27% share USD 4.4 billion in 2023
  • EU imports 22% of India's textile exports, valued USD 3.6 billion FY2023
  • Indian fashion industry employs 45 million people directly and indirectly in 2023
  • Textile sector provides 14% of industrial employment in India FY2023
  • Women constitute 70% workforce in handloom sector, 4 million employed 2023

India's fashion industry is thriving with rapid growth in e-commerce and luxury segments.

Apparel and Textile Segments

  • Ethnic wear dominates with 60% share in women's apparel market in India FY2023
  • Cotton textiles account for 65% of India's total textile production in 2023
  • Synthetic apparel segment grew 22% YoY to INR 1.1 trillion in FY2023
  • Handloom sector produces 95% of world's handloom fabrics, valued at INR 60,000 crore in 2023
  • Leather apparel and goods segment exports USD 4.5 billion in FY2023
  • Denim fabric production in India reached 1.2 billion meters in 2023
  • Woolen apparel market in India valued INR 150 billion, 8% of total winter wear
  • Jute textiles used in fashion bags and accessories produced 2.5 million MT in FY2023
  • Technical textiles segment in India growing at 15% CAGR, valued USD 18 billion in 2023
  • Khadi fabric production hit 400 million meters in 2023, up 25% YoY
  • Embroidered textiles exports from India USD 2.8 billion in FY2023
  • Banarasi saree production centers produce 150 million sarees annually
  • Kanjeevaram silk sarees market INR 20,000 crore, 80% from Tamil Nadu
  • Chanderi fabric used in lehengas produced 50 million meters in 2023
  • Bandhani tie-dye textiles exports USD 500 million, Gujarat leads with 60%
  • Phulkari embroidery segment in Punjab valued INR 5,000 crore annually
  • Lucknowi Chikankari production 100 million pieces in 2023
  • Jamdani sarees from West Bengal output 10 million units yearly
  • Patola silk sarees, Patan Gujarat, annual sales INR 1,000 crore
  • Kashmiri Pashmina shawls production 1 million pieces, USD 200 million market
  • Maheshwari sarees from MP, 5 million produced annually
  • Tant sarees West Bengal production 80 million meters fabric
  • Ikat textiles Andhra Pradesh, exports USD 100 million in 2023
  • Kalamkari printed fabrics 20 million meters, AP/Telangana
  • Applique work from Odisha, Pipli, INR 500 crore market
  • Block printing textiles from Bagru/Sanganer, Rajasthan, 50 million meters
  • Batik textiles production India 10 million sqm, Gujarat leads

Apparel and Textile Segments Interpretation

In India’s vibrant fashion landscape, threads of tradition still hold strong—with ethnic wear reigning supreme, cotton remaining the king of fabrics, and handlooms producing a staggering global share—yet modern synthetics and technical textiles are weaving their way briskly into the future, proving the industry can honor its roots without being tied down by them.

Consumer Trends and Preferences

  • 45% of Indian women prefer ethnic wear for daily use as per 2023 survey
  • 62% of Gen Z in India shop fashion online weekly in 2023
  • Sustainable fabrics preferred by 55% urban Indian consumers in 2023 survey
  • 70% Indian shoppers influenced by social media influencers for fashion buys in 2023
  • Average annual fashion spend per urban Indian household INR 25,000 in 2023
  • 48% millennials prioritize brand over price in apparel purchases 2023
  • Western wear adoption among Tier-2/3 city women rose to 35% in 2023 from 20% in 2019
  • 65% consumers seek personalized fashion recommendations via apps in 2023
  • Festive season sales account for 40% of annual fashion revenue in India 2023
  • 52% Indian men prefer casual wear over formals in daily life 2023 survey
  • Vegan leather demand up 300% among urban youth in 2023
  • 75% women aged 18-35 buy sarees online in 2023
  • Thrift shopping popularity: 28% Gen Z bought second-hand fashion in 2023
  • Size inclusivity demand: 40% consumers want more plus-size options 2023
  • 60% prefer fusion wear combining ethnic-western styles in 2023
  • Wedding guest wear budget average INR 10,000 per outfit in 2023
  • 55% influenced by Bollywood fashion trends annually
  • Comfortwear post-pandemic preference 68% for loungewear in 2023
  • 42% Tier-2 consumers upgrading to premium fashion brands 2023
  • AR try-on features used by 35% online shoppers in 2023
  • Gender-neutral clothing demand up 25% among youth 2023
  • 50% prefer made-in-India brands post-2020
  • Summer wear sales peak with 30% linen/cotton preference 2023
  • 65% women invest in work-from-home chic outfits 2023
  • Street style inspired purchases 40% via Instagram 2023
  • Eco-labels sway 48% purchases in urban markets 2023
  • Men's grooming linked fashion spend up 20% to INR 5,000 avg 2023
  • 70% festive buyers opt for customizable ethnic wear 2023

Consumer Trends and Preferences Interpretation

While anchoring itself in the vibrant, everyday tradition of the saree, India's fashion industry is being decisively rewired by a Gen-Z-led, socially-mediated digital bazaar that values sustainability and personalization as much as it celebrates festive extravagance and the growing clout of casual, inclusive, and uniquely Indian style.

Employment, Sustainability, and Other

  • Indian fashion industry employs 45 million people directly and indirectly in 2023
  • Textile sector provides 14% of industrial employment in India FY2023
  • Women constitute 70% workforce in handloom sector, 4 million employed 2023
  • Garment manufacturing jobs 5 million, 80% women in organized sector 2023
  • Skill gap: 30% shortage of trained designers in fashion industry 2023
  • Sustainability initiatives cover 25% of textile mills with zero liquid discharge 2023
  • Organic cotton farming employs 2.5 million farmers, 1.2 million hectares 2023
  • Recycling rate in fashion industry at 5%, target 20% by 2025
  • 40% brands adopt traceability tech for supply chains 2023
  • Carbon footprint of Indian apparel avg 15 kg CO2 per garment 2023
  • MSME fashion units 12 million, employ 60 million indirectly 2023
  • Vocational training reaches 1 million youth in textiles annually 2023
  • Water usage in dyeing reduced 40% in 500 mills via tech 2023
  • Artisan employment in handicrafts 7 million, 50% women 2023
  • Gig workers in fashion e-commerce 500,000 delivery roles 2023
  • 15% reduction in chemical use via bio-dyes in 200 units 2023
  • Fashion startups 1,200 funded, creating 50,000 jobs since 2020
  • Labour compliance 70% in organized apparel firms 2023 audit
  • Bamboo textiles employ 1 million in Northeast India 2023
  • Digital design tools training for 200,000 workers 2023
  • Waste textile recycling plants 50 operational, 100,000 tons/year 2023

Employment, Sustainability, and Other Interpretation

While India's fashion industry is a colossal, women-driven engine employing millions from farm to mannequin, its stitch-perfect growth is paradoxically hemmed in by skill shortages, sluggish recycling, and compliance gaps that must be tailored before its sustainable ambitions can truly suit its monumental size.

Exports and Trade

  • India exported textiles and apparel worth USD 16.2 billion in FY2023
  • USA is top destination for Indian apparel exports at 27% share USD 4.4 billion in 2023
  • EU imports 22% of India's textile exports, valued USD 3.6 billion FY2023
  • Ready-made garments exports grew 10% to USD 12.3 billion in FY2023
  • Bangladesh imports USD 1.2 billion cotton yarn from India in 2023
  • UAE receives 8% of Indian fashion exports USD 1.3 billion FY2023
  • Man-made textiles exports USD 5.8 billion, 36% of total in 2023
  • Handicraft fashion items exports USD 2.5 billion, 15% growth 2023
  • UK post-Brexit imports USD 900 million Indian apparel 2023
  • Australia FTA boosts apparel exports to USD 400 million in 2023
  • Cotton yarn exports USD 2.1 billion, top to Bangladesh/China 2023
  • Home textiles exports USD 4.2 billion, USA 40% share FY2023
  • Leather fashion exports USD 4.5 billion, Italy/USA key markets 2023
  • Silk garments exports USD 300 million, EU/Japan lead 2023
  • Technical textiles exports target USD 10 billion by 2025, USD 3 billion in 2023
  • Gems & jewelry fashion exports USD 35 billion, USA 45% FY2023
  • Carpet exports USD 1.8 billion, Germany/USA top 2023
  • Jute fashion products exports USD 50 million, EU major buyer 2023
  • Woolen knitwear exports USD 150 million to Middle East 2023
  • Embroidered garments exports USD 2.8 billion, UK/USA 2023
  • Denim exports USD 1.5 billion, Bangladesh imports 30% 2023
  • Activewear exports USD 800 million, USA/EU growing 2023
  • Sustainable apparel exports up 20% to USD 2 billion 2023
  • E-commerce fashion exports USD 1 billion via platforms 2023
  • Footwear exports USD 2.3 billion, Vietnam competition noted 2023
  • Import of synthetic fabrics USD 3.5 billion, China 60% share 2023
  • Machinery for textiles imported USD 2.8 billion Germany/China 2023

Exports and Trade Interpretation

America dresses in our threads, Europe drapes in our fabrics, and Bangladesh even borrows our cotton to make their own shirts, proving India's fashion industry is not just dressing the world, but also threading the very loom of global trade.

Market Size and Growth

  • The Indian apparel market size stood at USD 79.81 billion in 2023 and is expected to grow at a CAGR of 8.76% to reach USD 171.60 billion by 2032
  • Indian textile and apparel industry contributes 2% to India's GDP and 10-12% to total exports as of 2023
  • The ethnic wear segment in India generated revenue of INR 2.5 trillion in FY2023, growing at 15% YoY
  • Indian fashion e-commerce market reached USD 6.5 billion in 2023, projected to hit USD 20 billion by 2028 at CAGR 25%
  • Luxury fashion market in India valued at USD 8.5 billion in 2023, expected to double to USD 17 billion by 2027
  • Indian menswear market size was INR 1.2 trillion in 2023, with 12% CAGR forecasted till 2028
  • Women's apparel segment accounts for 38% of total Indian apparel market revenue in 2023
  • Footwear market in India reached USD 15.2 billion in FY2023, growing 18% YoY
  • Indian bridal wear market valued at USD 15 billion in 2023, expected to grow at 10% CAGR to 2029
  • Sustainable fashion market in India projected to reach USD 15 billion by 2025 from USD 5 billion in 2022
  • Total Indian fashion retail sales hit INR 5.5 trillion in FY2023, up 20% from previous year
  • Kidswear market in India grew to USD 4.5 billion in 2023 at 14% CAGR since 2019
  • Activewear segment in Indian fashion market valued at INR 300 billion in 2023, CAGR 22%
  • Indian handbag and accessories market size USD 3.8 billion in 2023, projected 12% growth
  • Denim market in India reached INR 250 billion in FY2023, 15% YoY growth
  • Lingerie market in India valued at USD 2.1 billion in 2023, expected CAGR 11.5% to 2030
  • Indian fashion jewelry market size USD 7.2 billion in 2023, growth 9% annually
  • Sportswear retail sales in India hit INR 450 billion in 2023, 25% increase
  • Indian plus-size fashion market growing at 18% CAGR, valued USD 1.8 billion in 2023
  • Vintage and second-hand fashion market in India reached INR 50 billion in 2023
  • Indian formal wear market size INR 800 billion in FY2023, 10% growth
  • Athleisure segment valued at USD 2.3 billion in 2023, projected USD 5 billion by 2028
  • Indian sleepwear market reached INR 120 billion in 2023, CAGR 13%
  • Luxury leather goods market in India USD 1.2 billion in 2023, 15% growth
  • Streetwear fashion market in India grew to INR 180 billion in 2023 at 20% CAGR
  • Indian couture market valued at USD 4 billion in 2023, stable growth post-pandemic
  • Ready-to-wear (RTW) segment accounts for 45% of Indian apparel market in 2023
  • Indian fashion exports target USD 45 billion by 2025 from USD 16.2 billion in 2023
  • Online fashion sales penetration in India at 25% of total apparel sales in 2023
  • Indian fashion industry FDI inflows reached USD 1.5 billion in FY2023

Market Size and Growth Interpretation

The Indian fashion industry is a thriving, multi-headed economy in its own right, stitching together everything from bridal grandeur worth billions and the quiet boom of sustainable fabrics with the explosive digital bazaar, all while ensuring that whether draped in tradition or wrapped in athleisure, the nation is dressed to impress and export.

Sources & References