Versuchen GOLD - Frei

Our fashion boom is a climate time bomb to be defused

Mint Kolkata

|

December 24, 2025

India’s fashion and apparel industry is projected at $350 billion by 2030, as it is growing at over 10% annually, faster than almost any other manufacturing sector.

- SOUMYA SARKAR

This momentum looks unstoppable, but it is also becoming a climate liability that could get in the way of our decarbonization goals.

The arithmetic is unforgiving. Globally, fashion accounts for 10% of annual carbon emissions, more than all international flights and maritime shipping combined. Every year, the world produces 92 million tonnes of textile waste, with less than 1% recycled into new garments. India is expanding production capacity even as evidence emerges that making clothes more efficiently cannot offset making vastly more of them.

The prevailing narrative in India treats sustainability as an accessory. Deploy some solar panels, use some recycled polyester, promote a few ethical brands, and the problem fixes itself. That story is not just incomplete, it is misleading. Efficiency improvements reduce emissions per garment, but when total garment production accelerates sharply, overall emissions still rise.

Research tracking the environmental footprint of fashion consistently finds that volume growth swallows efficiency gains. India’s domestic clothing consumption is growing at roughly 10-12% annually, far outpacing mature markets. Fast fashion formats are penetrating our smaller cities speedily, driven by affordability and novelty rather than apparel durability or scope for reuse.

We still have a narrow window to avoid the mistakes that rich markets made and are now struggling to reverse. But we must confront three realities that few talk about.

WEITERE GESCHICHTEN VON Mint Kolkata

Mint Kolkata

Apax Funds picks small stake in dosa, foods co iD Fresh

Global private equity firm Apax Funds has acquired a significant minority stake in iD Fresh Food, which makes ready-to-cook packaged food items.

time to read

2 mins

January 06, 2026

Mint Kolkata

Marico’s Q3 margins find relief as copra prices ease

Shares of Marico Ltd shares hit a fresh 52-week high of ₹775.20 on Monday, as its December-quarter (Q3FY26) update suggests the worst of margin pressures may be behind.

time to read

1 mins

January 06, 2026

Mint Kolkata

Lou Gerstner: The CEO who taught IBM how to dance

Louis Vincent Gerstner Jr., the American business leader whose steady hand and clear-sighted strategy pulled International Business Machines Corp (IBM) from the brink of collapse and reshaped it for the dawn of the digital age, died on 27 December 2025 at his home in Jupiter, Florida.

time to read

3 mins

January 06, 2026

Mint Kolkata

Trump warns of higher India tariffs

Graham, a close Trump ally travelling with him, said US sanctions on Russian oil companies and higher tariffs on India had helped curb Indian oil imports.

time to read

1 min

January 06, 2026

Mint Kolkata

The hidden cost of blindly chasing MF leaderboards and past returns

How market cycles and styles keep reshaping mutual fund rankings, and why recent performance rarely repeats

time to read

5 mins

January 06, 2026

Mint Kolkata

Mint Kolkata

Simulation or not, Musk's surreal year could push him to $1 tn heights

shut down if we were boring.

time to read

3 mins

January 06, 2026

Mint Kolkata

Mint Kolkata

Promoter selling hits record in secondary mkt, buying dips

Share sales by company promoters in India reached a record in 2025, and their purchases fell to the lowest level since 2022, as valuation-driven monetization efforts drove sell calls throughout the year.

time to read

2 mins

January 06, 2026

Mint Kolkata

Mint Kolkata

DUAL-ENGINE BOOM: IS SILVER THE NEW GOLD?

Greater financial demand and industrial usage is elevating the metal's status as a safe haven

time to read

7 mins

January 06, 2026

Mint Kolkata

HDFC AMC enters private credit mkt

HDFC Asset Management Company (AMC) has forayed into the fast-growing private credit market with its new Structured Credit Fund, targeting mid-market companies with alternative debt financing.

time to read

1 min

January 06, 2026

Mint Kolkata

Mint Kolkata

Buckle up: Turbulence in the East seems set to rise this year

East Asia will probably become more volatile as tensions deepen

time to read

3 mins

January 06, 2026

Listen

Translate

Share

-
+

Change font size