India's textile & apparel (T&A) industry (domestic and exports) is expected to grow from Rs.3.27 lakh crore ($70 billion) to Rs.10.32 lakh crore ($220 billion) by 2020, according to a research report by Technopak Advisors, a leading management consultancy.
The report says that the domestic T&A market size in 2009 was Rs.2.18 lakh crore ($4 billion) and is expected to grow at a compounded annual growth rate (CAGR) of 11 per cent to Rs.6.56 lakh crore ($140 billion) by 2020. The domestic apparel retail market was worth Rs.1.54 lakh crore ($33 billion) in 2009 and will touch Rs.4.70 lakh crore by 2020.more at hindu
No comments:
Post a Comment