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Hometech textiles in India: Global markets & domestic challenges

05 Aug '24
91 min read
Hometech textiles in India: Global markets & domestic challenges
Pic: Adobe Stock

Insights

  • Hometech textiles integrate advanced materials into household items, boosting India's status as a global leader in the sector.
  • With ₹13,231 crore (~$1.58 billion) in production in 2019-2020, India is the second-largest exporter after China.
  • The sector, however, faces challenges such as low domestic consumption and volatility in some product categories.

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