Among the fastest growing industries in the world today is the fashion industry. Change is something that has remained constant in the fashion industry since time immemorial. The fashion industry in India currently is considered dynamic. Over the last few decades the fashion industry in India has experiencing a boom due to the ever increasing fashion consciousness among Indians. Be it the middle aged home maker, the funky college kid or the top notch everyone seems to have developed a fashion sense which is distinct and classy.
The boom in the Indian apparel industry is mainly due to factors like, rising incomes levels of Indians, liberal trade policies adopted by the government, and flexible investment policies on the apparel industry. Today most of the international brands have found their way into some of the best malls in the country. Brands like Mango, Armani and Diesel were unheard off in India till a few years back but today these brands are found in almost all Indian cities.
It is said that in the last ten years the fashion industry in India has moved from a very nascent stage to a full fledged booming industry. The value of the apparel market in India is estimated at around ` 20, 000 crore. The branded apparel market's size is ` 5, 000 crore which is a quarter of the total share. The apparel market is India is categorized into branded and non branded. The Top Apparel Brands in India are Madura Garments, Arvind Mills, Provogue Zodiac Clothing, and Raymonds. Apart from these brands India over the years has given birth to some of the finest designers who have become famous brands not only in the country but in the world. The introduction of a number of designers in the fashion industry has given a further boost to the Indian fashion industry. According to recent research conducted by the (FDCI)Fashion Design Council of India apparels created by designers in India is going to play a major role in the growth of the apparel industry in the next few years. Currently the Indian fashion designer industry stands at ` 180 crore and is expected to grow to ` 1, 000 crore within the next decade.
Top Apparel Brands in India
- Rohit Bal
- Ritu Wears
- Fish Fry
- Satya Paul
Last Updated on 20/06/2011