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Textiles market size grows by 8.3% CAGR to ₹14.95 lakh crore in 2024
New Delhi 07April2026
|Millennium Post Delhi
Man-made fibre, blended fibre-based products are contributing 52.2%, followed by 41.2% by cotton-based products
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NEW DELHI: India’s textiles market has expanded more than threefold to Rs 14.95 lakh crore in 2024 from Rs 4.89 lakh crore in 2010, clocking a CAGR of 8.3 per cent, according to a Textile Ministry survey released by Giriraj Singh.
The report, “Market for Textiles and Clothing: National Household Survey 2024” assesses domestic demand in the household segment.
Man-made fibre (MMF) and blended products now dominate with a 52.2 per cent share, followed by cotton at 41.2 per cent, while silk and wool account for 5.2 per cent and 1.3 per cent, respectively.
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