India'S Textile Sector Will Reach $223 Billion In 2021.
India
According to a report by the Federation of industry and Commerce (FICCI), the overall scale of the textile and garment industry in India will reach US $223 billion by 2021, compared with about 89 billion US dollars last year.
FICCI research firm Technopak consultant releases white paper "textile"
clothing
The challenge of industry, the report said, India's current domestic textile and apparel market is US $58 billion, and it is expected to grow by 9% to 141 billion US dollars by 2021.
Similarly, the report also predicts that India will occupy the global textile and apparel industry.
Market export
The proportion is currently 4.5%, and it will reach 8% by 2020.
According to the study, India's textile and clothing exports will also increase substantially to about $82 billion by 2020.
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