Report
India’s apparel market projected to reach $146.3 billion by 2029
The Economic Times reports a CMAI–1Lattice forecast of 9% compound annual growth, driven by rural and smaller-town demand.
TLDR
The Economic Times, citing a report by the Clothing Manufacturers Association of India and 1Lattice, says India’s apparel market is projected to grow from $95.7 billion in 2025 to $146.3 billion by 2029. Rural India accounted for nearly 58% of the market in 2025, while kidswear and womenswear are projected to grow faster than menswear.
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