The market is dominated by domestic suppliers, as imports account for 3.9% of total market size in 2022. Households drive market demand, with household spending representing 55.7% of total demand in 2022. India has the second largest market size for spinning of textile fibres; weaving of textiles regionally, with demand reaching USD55.3 billion in 2022. KRV Spinning Mills Pvt Ltd is the largest company in India, generating 6.2% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 16.0% of total production value in 2022. The total number of companies decreases in 2022, to 574,668 units. The costs of the industry increase by 8% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 16.4% of production value in 2022, the fifth highest regionally. The industry’s exports share decreases in 2022 to 14.7% of total production output. With production value of USD55.7 billion, India accounts for 11.6% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Spinning of Textile Fibres; Weaving of Textiles in India: ISIC 1711. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spinning of Textile Fibres; Weaving of Textiles in India: ISIC 1711 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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