Subin Mitra, co-founder and CEO of Groyyo, believes that India’s textile sector would dominate international markets in the ensuing ten years and that the nation needs to prioritise sustainable practices, upskilling its workforce, and building up its industrial infrastructure.
Recent disruptions in Bangladesh’s textile and apparel sector highlight the risks of concentrated global supply chains. Political instability, climate crises, and energy shortages can halt entire factories, leading to delayed or lost garment orders.
As a result, international buyers are seeking more stable and cost-effective alternatives, with India emerging as a key contender. Early signs of this shift are already visible, with exporters in Tirupur experiencing a rise in orders.
Mitra is certain that India is well-positioned to handle redirected demand because of its advantages in exporting cotton yarn and its growing infrastructure capabilities. According to Mitra, the nation must prioritise sustainability and scalability in order to meet the growing demand. It must also embrace ethical methods for both raw resources and final goods.
The next decade is expected to see a shift in fashion supply chains, with India emerging as a key player due to its stable geopolitical environment and strong Government support for manufacturing, according to Mitra.
Pratik Tiwari and Subin Mitra founded Groyyo in July 2021 with the goal of empowering over 20 million micro-manufacturers across Asia. The business offers a design studio, along with fabric and consulting services, as stated on its website.