According to Technopak Advisors, a retail consultancy, the entire textile and apparel industry (2010 estimates), including domestic and exports, is pegged at Rs 3,27,000 crore and is expected to grow by 11% to Rs 10,32,000 crore by 2020. Currently menswear is the major chunk of the market at 43% (Rs 72,000 crore) and is growing at a compounded annual growth rate (CAGR) of 9%.
The menswear market in India is the fastest growing apparel segment. The India Menswear Market Analysis 2010-2014 by Venn Research found that total revenue from menswear was $11.8 billion in 2009, representing a CAGR of 8.6% from 2005 to 2009. Industry estimates peg the formal suits, jackets and blazers segment at Rs 4,500 crore. http://articles.economictimes.indiatimes.com/2012-02-12/news/31050325_1_menswear-brands-luxury-segment-apparel 2. Planet Fashion eyes for 20% growth in revenue
Planet Fashion, a retail initiative of Madura Fashion & Lifestyle, today said it expects 20 per cent growth in revenue during the current fiscal to Rs 361 crore. http://articles.economictimes.indiatimes.com/2013-07-16/news/40613286_1_madura-fashion-lifestyle-shoaib-farooqi-planet-fashion-grande 3. The Indian Apparel Market
http://www.technopak.com/Files/Indian_Apparel_Market.pdf 4. Louis Philippe is the top selling brand at shopping chains
CARE Research expects the men's apparel segment to grow at a CAGR of 7% to 93,700 crore in FY16. "Its share in the overall domestic apparel market is expected to decline slightly from 35.3% in FY12 to about 34.1% in FY16. However, it will continue to remain the largest segment," added the research body. http://articles.economictimes.indiatimes.com/2013-05-30/news/39629079_1_louis-philippe-madura-fashion-apparel-market 5. India Menswear segment in 2017: Data monitor report. PDF Menswear grow by 12.9% from FY12-17.