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How Are Fast Fashion Brands Redefining India's Retail Landscape?
The Franchising World
|January - February 2025
The Indian Fast Fashion market is projected to grow exponentially, reaching an estimated $50 billion by FY31.
Valued at an impressive $1.79 trillion, the global apparel industry remains a dynamic and highly competitive force in the global economy. In 2024, the sector witnessed the emergence of numerous fast fashion leaders and athleisure pioneers—each redefining success in today’s marketplace. By 2025, India is poised to establish itself as a global powerhouse in fashion.
Fast fashion, characterized by the rapid production of trendy and affordable clothing, has gained significant traction in India. With over half the population under 25 years old, the country’s youth demographic plays a crucial role in driving demand. This surge is further fueled by the growing influence of social media, the globalization of fashion trends, and increased access to international brands. This article delves into the year’s leading fast fashion brands, analyzing their performance over the past year. According to the Fast Fashion Industry Report 2024 published by Wright Research & Capital Pvt Ltd, three industry giants—Tata, Reliance, and Aditya Birla—are spearheading India’s shift from unorganized to organized retail. These companies are not just adapting to changes but also setting new benchmarks in the industry.
VENKATESALUManaging Director of Trent.
This story is from the January - February 2025 edition of The Franchising World.
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