Make In India
MAKE IN INDIA
- 63% of the world’s market share in textiles and garments
- 2nd largest textile manufacturer in the world.
- 2nd largest producer of silk and cotton.
- India has the highest loom capacity (including hand looms) with 63% of the world’s market share.
- India accounts for about 14% of the world’s production of textile fibre and yarn and is the largest producer of jute and the second largest producer of silk and cotton.
- A strong production base of a wide range of fibre/yarn from natural fibres like cotton/jute, silk and wool to synthetic/man-made fibres like polyester, viscose, nylon and acrylic.
- Increased penetration of organised retail, favourable demographics and rising income levels to drive textile demand.
- India enjoys a comparative advantage in terms of skilled manpower and cost of production over major textile producers.
- Abundant raw material and increasing demand for exports to boost fibre production.
- Abundant availability of raw materials such as cotton, wool, silk and jute.