JOURNAL ARTICLE
Household demand drives India's textile market to Rs 14.95 lakh crore in 2024: Textile Ministry Survey.
Published In: Project Reporters, 2026. P. N.PAG 1 of 2
Database: Business Source Ultimate 2 of 2
Abstract
The article focuses on the Ministry of Textiles' 2024 study report, "Market for Textiles and Clothing: National Household Survey 2024," which highlights the growth of India’s textile market from Rs 4.89 lakh crore in 2010 to Rs 14.95 lakh crore in 2024, driven largely by the household segment. The report, prepared by the Textiles Committee, notes a rise in per capita demand from Rs 2,119 to Rs 6,066 over the same period, reflecting strong growth in domestic consumption. Man Made Fibre (MMF) and blended fiber products constitute the largest share of demand at 52.2%, followed by cotton at 41.2%, with silk and wool contributing smaller portions. The demand for MMF and blended textiles grew significantly, while cotton maintained its position as the second most important fiber, both showing robust compound annual growth rates. [Extracted from the article]
Additional Information
- Source:Project Reporters. 2026/04, pN.PAG
- Document Type:Article
- Subject Area:Science
- Publication Date:2026
- Accession Number:192848396
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