India : Textile & garment exports to fully boost

A 12 percent annual boom is expected to be realized in Indian textile and apparel exports for international retailers' great interest in its market.
India is gradually creating a dominant position in the global scenario replacing old players like China for sourcing goods. According to CII, even the domestic market is envisaged to inflate by 6.5 percent.
While the sourcing market size for 2008 is expected to be US $22-25 billion, the year 2011 is further projecting a growth of $35-37 billion.
Precisely, the men’s garment sector is likely to expand to $13.5-14 billion by 2009, while that of women will rise to $11 billion in the same period. In addition, children’s apparel quarter will also go up from $4.7 billion to $11 billion.