With production value of USD2.4 billion, India accounts for 6.3% of the Asia Pacific total in 2024. The industry’s exports share decreases in 2024 to 59.8% of total production output. The industry’s profitability decreases and stands at 6.1% of production value in 2024, the 17th highest regionally. The costs of the industry increase by 13.6% in 2024, largely driven by rising B2B costs. The total number of companies increases in 2024, to 30,042 units. The industry is fragmented, with the top five companies generating 42.8% of total production value in 2024. Lakshmi Machine Works Ltd is the largest company in India, generating 13.9% of the industry’s total production value in 2024. India has the second largest market size for machinery for textile and apparel production regionally, with demand reaching USD5.4 billion in 2024. B2B drives market demand, with B2B spending representing 97.6% of total demand in 2024. The market is dominated by foreign suppliers, as imports account for 82.5% of total market size in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Machinery for Textile and Apparel Production in India: ISIC 2926. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Textile and Apparel Production in India: ISIC 2926 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Machinery in India report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Machinery?
- How the Machinery will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Machinery for Textile and Apparel Production in India: ISIC 2926
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MARKET OVERVIEW
Machinery
This is the aggregation of general purpose machinery and special purpose machinery.
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