Domestic textile market reached ₹14.95 lakh crore in 2024, says household survey
Textiles Minister Giriraj Singh on 6 April 2026 released 'Market for Textiles & Clothing: National Household Survey 2024', which puts India's textile market at ₹14.95 lakh crore in 2024.
Summary
'Market for Textiles & Clothing: National Household Survey 2024', a study by the Textiles Committee under the Ministry of Textiles, was released by Union Textiles Minister Giriraj Singh on 6 April 2026. It estimates that the market size of textiles grew from ₹4.89 lakh crore in 2010 to ₹14.95 lakh crore in 2024, a compound annual growth rate (CAGR) of 8.3%, with household demand at ₹8.77 lakh crore and the domestic market at ₹12.02 lakh crore in 2024. Per capita demand rose from ₹2,119 to ₹6,066 (CAGR 7.8%). Man-made fibre (MMF) and blended products made up 52.2% of the product basket, cotton 41.2%, silk 5.2% and wool 1.3%. Women accounted for 55.5% of textile purchases.
Key facts
- Report
- Market for Textiles & Clothing: National Household Survey 2024
- By
- Textiles Committee
- Market size 2024
- ₹14.95 lakh crore (₹4.89 lakh crore in 2010; CAGR 8.3%)
- Per capita demand
- ₹6,066 (₹2,119 in 2010; CAGR 7.8%)
- Fibre share
- MMF & blended 52.2%, cotton 41.2%, silk 5.2%, wool 1.3%
- Women buyers
- 55.5% of purchases
Practice MCQs 2 questions
According to 'Market for Textiles & Clothing: National Household Survey 2024', what was the market size of textiles in India in 2024?
Show answer
Correct answer: C — ₹14.95 lakh crore
The Textiles Committee study puts the market size of textiles at ₹14.95 lakh crore in 2024; ₹12.02 lakh crore is the domestic market and ₹8.77 lakh crore is household demand.
As per the National Household Survey 2024 on textiles, which fibre category had the largest share of the product basket?
Show answer
Correct answer: D — Man-made fibre (MMF) and blended products
MMF and blended products contributed 52.2%, followed by cotton at 41.2%, silk at 5.2% and wool at 1.3%.