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Growing Fashion Brands in India and What Makes the Garment Industry So Lucrative

The fashion industry is one of the fastest growing industries in the world today. Since time immemorial, change has been the only factor that has remained constant. Currently, the Indian fashion industry is considered to be dynamic in nature. Due to the rise in fashion awareness among Indians in recent decades, the fashion industry has experienced a boom. From the middle-aged housewife to the funky college kid to the stylish upscale population, everyone has developed a definite fashion sense that is not only distinct but also stylish.

List of Best Clothing Brands in India –

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An important part of fashion around the world is the clothing section. There is a saying “Clothes make a man” that Indians believe in completely and with soul. It is quite common for a person to be judged most of the time by the way they dress. A person’s personality is defined by the clothes he wears. He talks a lot about his upbringing, personality, and way of thinking. It has been predicted that in the coming years, the Indian fashion consuming class will establish the fashion industry globally.

The rise of the Indian garment industry is mainly due to factors such as rising income levels of Indians, liberal business policies adopted by the government and flexible investment policies in the garment industry. Today, most international brands have reached some of the best shopping centers in the country. Brands like Mango, Armani and Diesel were not heard in India until a few years ago, but today these brands are found in almost every Indian city.

It is said that in the last ten years the fashion industry in India has gone from a very nascent stage to a booming industry.

The value of the clothing market in India is estimated to be around Rs 20,000 crore. The size of the branded clothing market is Rs 5000 crore, which is a quarter of the total share. The clothing market in India is categorized into branded and non-branded. The major clothing brands in India are Madura Garments, Arvind Mills, Provogue Zodiac Clothing, and Raymonds. Apart from these brands, over the years, India has given birth to some of the best designers who have become famous brands not only in the country but in the world. The introduction of various designers in the fashion industry has given a new impetus to the Indian fashion industry. According to recent research by the Fashion Design Council of India (FDCI), garments created by designers in India will play a significant role in the growth of the garment industry in the coming years. India’s fashion designer industry currently sits at Rs 180 crore and is expected to grow to Rs 1000 crore in the next decade.

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