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Showing posts from July, 2019

An Overview: Indian Textile and Clothing Industry to Reach $350 Billion by 2025

India is a very progressive country regarding the development of the clothing and textile industry. Though this country relapsed for couple of decades but it is expected to grow as the largest manufacturers in the world. There is a prediction, that if India progresses this way, it will be beating China and Bangladesh soon. India also has some largest fabric manufactures and fabric suppliers in the world who are helping rebuilding the image of the entire industry. According to recent report by CITI, Indian Industry will reach $350 billion by 2015. What The Report Says About Indian Textile and Clothing Industry? In recent years, Indian government has taken some initiatives to reform many industrial sectors including textile and clothing industry. And they see much better progress possibility than another industry. As stated by CITI, “Indian economy enters into a very important phase with the new NDA Government taking charge after the 2019 elections”. He also stated that the