Forecasting fashion trends is like chasing waves—just as one crests, another begins to rise. But some trends aren’t fleeting; they’re game-changers, reshaping the industry in ways that demand attention. After taking insights from industry’s top experts and digging deep into market movements, we’ve uncovered 12 defining trends that will dominate 2025.
Supply chain disruptions are forcing brands to think smarter, with strategies like demand sensing and headless commerce becoming essential strategies. The rise of D2C brands is rewriting the manufacturing playbook (not in a good way) while Q-commerce is racing ahead as the next big opportunity.
India’s footwear market is booming, fuelled by rising demand and shifting global dynamics, with Tamil Nadu emerging as a key hub. Expect a wave of M&A activity as companies look to consolidate, scale and adapt to the rapidly changing landscape.
Technical textiles would gain traction, supported by government policies and rising global interest. With the IPO rush still going strong, 2025 is shaping up to be a landmark year for fashion. Dive into more insights!
1 Sustainability Meets Profitability
Sustainability is not a new concept, but 2025 will bring a unique shift. What would make this year special would be the growing recognition of sustainability not just as a moral or legal responsibility, but as a commercial opportunity—something essential, with no shortcuts.
Key focus areas this year would include circular fashion and blockchain tracking, especially as Western nations introduce stricter sustainability regulations. Meanwhile, the Textile Ministry is also working towards creating a clear and actionable sustainability framework, with industry consultations well underway.
With the textile industry responsible for an estimated US $ 500 billion in losses from under-recycled clothing each year, experts believe adopting recyclable practices could unlock a US $ 500 billion market and generate good business.
The industry will also work actively to tackle greenwashing. Efforts are being made to develop systems like the EU’s Digital Product Passport (DPP), which promotes transparency, enabling manufacturers to declare the chemical ingredients and materials used in their products, ensuring accountability across the supply chain.
While many fashion decision makers acknowledge that traceability is amongst the top five enablers for reducing emissions in supply chains, most brands currently have visibility only into their direct supplier relationships.
Businesses are increasingly viewing traceability as an opportunity for innovation. For example, over 110 brands and 2,000 value chain collaborators globally are now using Birla Cellulose’s GreenTrack™ traceability platform, which leverages blockchain technology to provide real-time insights into the journey of raw materials from forest to retail.
Vardhman Yarns & Threads Ltd., has also launched several innovative sustainable products, including the world’s first anti-counterfeiting, sustainable sewing thread called INTEGRITY, developed in partnership with Applied DNA Sciences. This molecularly tagged thread ensures authenticity and offers a new solution for sustainable traceability. Such innovative solutions are expected to gain momentum in 2025.
Indian brands also face challenges as consumers often aren’t willing to pay the premium associated with sustainable products. While a SS survey shows that 80 per cent of consumers claim they are willing to pay more for sustainably produced goods, with an average premium of 9.7 per cent, emerging sustainable fashion brands believe this is not enough to attract more players to the sustainability space. Some manufacturers also express similar concerns about buyers’ behaviour. Despite these hurdles, the momentum toward sustainability is unlikely to slow down this year.
Also, some research show a sharp drop in CEOs’ focus on sustainability, as AI, growth, inflation and
geopolitical uncertainty have become the top priorities.
2 The Rise Of Q-commerce: Speed Meets Style
The fashion industry has caught the e-commerce fever. What was once associated with grocery shopping has now drawn the attention of the who’s who of the fashion industry, including Fabindia, Decathlon, Adidas, US Polo Assn., VIP Clothing, Libas, Manyavar and many more. A lot of other established and emerging players are in various stages of negotiations with platforms like Blinkit, Swiggy Instamart and Zepto for their Q-Commerce debut to meet the growing demands of an increasingly impatient customer.
According to Morgan Stanley, the Q-Commerce market is expected to reach US $ 42 billion by 2030, making up roughly 18.4 per cent of the total e-commerce market and 2.5 per cent of the retail sector.
Even top e-commerce players like Amazon, Flipkart and Myntra are launching quick commerce deliveries for certain product categories and selected regions.
Due to the rapid growth of dark stores and entry into new categories, Q-commerce players are aggressively expanding their workforce, aiming to increase their workforce from 2.6 lakh to over 4 lakh people by March 2025.
For instance, Instamart plans to establish 538 additional dark stores between FY ’25 and FY ’28, investing Rs. 559.1 crore. Whereas, Zomato-owned Blinkit aims to open 1,000 dark stores by March 2025, scaling to 2,000 by December 2026 and Zepto, which recently secured US $ 350 million in its latest round, aims for 700 dark stores by FY ’25, up from 350 as of June 2024.
In line with this, the average size of dark stores has increased from 2,500 square feet to 4,000 square feet.
Moreover, the Q-Commerce players are expanding their reach beyond metro cities, tapping into smaller markets like Thrissur, Haridwar, Mangalore, Jaipur, Kanpur, Salem, Amritsar, Bhopal, Varanasi, Ludhiana, Bhatinda, Udaipur and Warangal.
Fashion brands are setting up small, local warehouses ranging from 700 to 1500 square feet, depending on the market size in each city. These warehouses are strategically located near the warehouses of their quick commerce partners to facilitate faster delivery times.
However, managing inventory in Q-commerce is more dynamic compared to traditional retail and online models. Players receive real-time data from their Q-commerce partners about stock availability at different centres.
The growth of Q-Commerce would remain unabated due to rising economic prosperity. Affluent consumers are likely to buy larger, premium products, while middle- and lower-income consumers may opt for smaller, more affordable, unbranded items.
3 Government Letdown; Industry Pins Hopes On Trump
When the ruling dispensation returned to power in 2024 general elections, the industry was relieved as a stable government, compared to a coalition, is seen as better for business.
However, the industry’s expectations were much higher and the subsequent Budget ended up being a letdown. While MSME credit lines and monthly wages for first-time employees are important, the skilling schemes offered nothing new. Other key demands of the industry such as the De-Minimis Rule of Origin under SAFTA for garment imports, the plea to increase Interest Equalisation Scheme rates to 5 per cent for all apparel exporters for five years and the demand for all types of trimmings and embellishments to be included under the Import of Goods at Concessional Rates of Duty (IGCR) Rules, were overlooked.
Similarly industry demands such as reducing customs duty on high-end textile machinery, ensuring high-quality cotton availability at 10 per cent lower than international prices and imposing a minimum import price (MIP) on all types of fabric, were also ignored.
Recently, the apparel industry has raised serious concerns about the proposed GST rate increase on garments priced between Rs 1,500 and Rs 10,000.
Now, the industry will be watching with bated breath as Donald Trump regains control of the White House in January 2025. The overall sentiment in the industry is that Trump’s focus on anti-China policies and the potential shift in supply chains from China might benefit Indian exporters.
Experts note that smaller countries like Vietnam and Malaysia may struggle to absorb the growing demand, while only India has the scale and capacity to meet it. They also point out that the close relationship between PM Narendra Modi and his counterpart could facilitate smoother trade negotiations. At the same time, they caution that Trump’s unpredictable nature and his call for MAGA (Make America Great Again) might add complexity to the discussions.
For example, Trump’s decision to withdraw from the Trans-Pacific Partnership (TPP) raises concerns about the Indo-Pacific Economic Framework for Prosperity (IPEF), a 14-nation bloc launched in Tokyo on 23rd May 2022.
However, Trump is expected to ease labour and environmental standards and that could benefit Indian exports. Also, less US involvement in global conflicts could help create a more stable geopolitical environment.
4 Indian Apparel Exports Gear Up For 2025
Over the years, apparel exports have struggled to meet expectations. For instance, between 2017 and 2024, despite a few signs of recovery, overall growth has remained flat with little progress.
However, India’s textile and apparel exports saw the much-needed boost from April to September 2024 as exports grew by 5.13 per cent to reach US $ 17.660 billion. September alone saw a 12.38 per cent rise, driven by strong apparel exports, which rose by 17.30 per cent, marking a recovery in foreign trade. Textile exports increased by 2.76 per cent to US $ 10.155 billion, while apparel exports rose by 8.51 per cent to US $ 7.505 billion, compared to the same period last fiscal.
Experts say the boost could be likely due to trade shifting to India because of political instability in Bangladesh. They also note that the diversification away from China has become more hurried, as earlier, there was little to shift from. Now, with increased demand, brands are looking to allocate more to the Indian region.
The growth has been welcomed, especially as exporters described 2024 as a mixed year due to US elections and slow demand in some European countries like France and Germany.
Going forward in 2025, the exports would continue the momentum. According to rating agency ICRA, Indian apparel exporters are expected to register a revenue growth of 9 per cent – 11 per cent in FY 2025. This, it added, will primarily be driven by the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to India, a part of the de-risking strategy adopted by several customers.
Also, the global economy is set to grow at slightly a faster pace next year as inflation continues to cool, offering positive prospects for exporters. Goldman Sachs Research forecasts that the world’s gross domestic product (GDP) will expand by 2.7 percent on an annual average basis.
The United States, which accounted for nearly 27 per cent of India’s total textile and apparel exports in 2023, is likely to perform better than expected, with GDP growth estimated at 2.5 percent in 2025.
| US $ 2-3 billion
Experts say India’s garment sector could see a 10 per cent – 20 per cent rise in export orders in the next 12-18 months. This could bolster apparel exports by US $ 2-3 billion annually. |
5 Thy Neighbour’s Crisis, India’s Growing Edge
The signs of political instability in Bangladesh, a major beneficiary of the China-plus-one strategy, have benefited India which is already evident. For instance, Tirupur posted a 13 per cent growth in the first five months of FY ’25 as exports grew to Rs. 14,679 crore (US $ 1.73 billion), up from Rs. 12,995 crore (US $ 1.53 billion) during the same time last year. The situation is expected to remain more or less the same in 2025 and this could result in a large chunk of business moving to India, given the country’s strong base in garment and fabric production. Experts say India’s garment sector could see a 10 per cent – 20 per cent rise in export orders in the next 12-18 months. This could bolster apparel exports by US $ 2-3 billion annually.
This view is reiterated by global agencies such as the US International Trade Commission (ITC) which acknowledged India’s rising credibility as a preferred apparel sourcing destination. American buyers highlight India’s political stability as a significant advantage.
Bangladesh is also staring at gas crisis due to declining local production, which poses a significant challenge for its industry. The country requires around 4,000 million cubic feet per day (mmcfd), including imported energy, but the current supply falls short, leaving a deficit of over 1,000 mmcfd.
The current crisis in Bangladesh could hit India’s fibre exports in the short term, but this crisis also presents an opportunity for India to strengthen its domestic supply chain and set the house in order.
There is also a need for India to address domestic inefficiencies and improve supply chain readiness, especially in light of Bangladesh’s expected change in LDC status by 2027.
6 Top Fashion Retailers Set To Rebound After A Tough 2024
India’s top retailers had a rough 2024 mainly due to weak consumer demand. Major players such as Aditya Birla Fashion and Retail Ltd., Shoppers Stop, Arvind Ltd., and Reliance Industries Ltd., reported lukewarm performance.
For instance, Aditya Birla Fashion and Retail Ltd., reported a net loss of Rs. 214.70 crore in Q2 of FY 2024, higher than Rs. 200.34 crore loss recorded in the same period last year. Shoppers Stop posted a net loss of Rs. 20.59 crore, Arvind Ltd.’s Q2 profit dropped by 25.44 per cent to Rs. 62.77 crore, even though its revenue increased by 13.88 per cent to Rs. 2,188.31 crore. Similarly, Reliance Industries Ltd., saw its revenue decline to Rs.76,325 crore, down from Rs. 77,163 crore.
The only player to remain unscathed was Trent Limited. The retailer reported 46.9 per cent increase in net profit to Rs. 335.06 crore.
However, New Year is expected to bring good fortune. Reports suggest that fashion retailers are likely to see up to 15 per cent revenue growth in FY ’25, driven by network expansion and the introduction of new categories. A stable economy and the relatively low penetration of the organised segment also augurs well for the Indian retail industry.
The capital expenditure by retailers on store additions is expected to increase by 20 per cent, reaching Rs. 2,200 – 2,300 crore in FY 2025. Many of these new stores will be opened in Tier-3 and Tier-4 cities.
The biggest growth is expected to come from the organised value fashion segment which is set to reach US $ 170 billion by 2026. Apart from Trent’s Zudio, Reliance Retail’s Yousta, ABFRL’s Style-Up, Shopper Stop’s Intune, new players are also eyeing this market. Leading fabric manufacturer Siyaram’s has pumped in Rs. 40 crore to make its debut in value fashion with its brand Zecode.
The players are all geared up to target the 16-25 age group. For example, Shoppers Stop plans to open 60 new Intune stores in FY 2025, adding to its existing 22. ABFRL’s Style-Up is expected to open 25-30 stores in the same period. Experts say customers below a certain income threshold don’t prioritise sustainability giving players more elbowroom.
7 Supply Chain Disruptions Will Prompt Shift To Demand Sensing and Headless Commerce
It’s glaringly becoming evident that realigning the supply chain is not just an economic matter, but politics and strategic compulsions reign supreme. The Indian government has made itself clear that it’s not going to pay heed to the demands from certain sections of the industry to lift restrictions on Chinese investment and visas that came post border standoff.
This hard stance is contrary to the Economic Survey which called for easing investment curbs.
No wonder, apparel and footwear makers will double down their efforts for shifting their supply chains out of China, despite the initial challenges.
The efforts would also be to shift to a sourcing model that prioritises flexibility, speed, sustainability, digital innovation and consumer-centricity.
Traditional demand forecasting methods won’t suffice, instead modern prediction methods such as demand sensing which leverage real-time data and improved analytics to understand and anticipate customers would gain traction.
Unlike traditional forecasting, which relies on weekly or monthly cycles, demand sensing provides insights on a daily or bi-daily basis, enabling more precise decision-making.
Common demand sensing techniques include analysing Point-of-Sale (POS) data, monitoring social media trends and sentiment to gauge shifts in consumer behaviour, using weather forecasts and historical data to predict the impact of weather changes, assessing economic indicators like GDP growth and consumer confidence and applying machine learning algorithms to uncover patterns and trends within large datasets. These approaches collectively help retailers stay agile and better align with dynamic consumer demands.
Another important focus for the industry is headless commerce. This approach separates the customer-facing part of an e-commerce platform, like the website or app, from the backend systems that handle data and operations. It allows businesses to create tailored experiences for different platforms such as websites, mobile apps, voice assistants or point-of-sale (POS) systems, all connected through APIs. This helps brands easily adopt omnichannel strategies and expand globally at a faster pace.
Fashion players would also move towards sustainability by exploring alternative transportation methods and adopting carbon-efficient practices in warehousing.
A new report by The International Apparel Federation (IAF) and International Trade Centre (ITC) talks about ‘new shared risk model’ that calls for collaboration between buyers and suppliers.
This involves suppliers reducing long lead times by reserving production capacity and materials based on joint planning with retailers. This helps transfer uncertainty from finished goods to components, allowing retailers to make closer-to-season commitments.
In merchandise planning, buyers delay some orders to improve forecast accuracy as the season approaches, giving retailers flexibility to increase production for higher demand and reduce orders for poor-selling items.
| Unlike traditional forecasting, which relies on weekly or monthly cycles, demand sensing provides insights on a daily or bi-daily basis, enabling more precise decision-making. |
8 The D2C Boom Could Widen The Gap Between Sweatshops And Organised Manufacturing
The D2C apparel and footwear market was valued at around US $ 3 billion in 2022 and is expected to grow to
US $ 14 billion by 2027 at 35 per cent annual growth rate.
This rapid growth is fuelled by rising incomes, an explosion of brands and a focus on hyper-personalised products and novel design concepts tailored to specific customer needs. D2C brands are also using data insights to open physical stores, creating a major shift in the retail landscape.
However, there’s concern about D2C brands’ overall impact on the organised apparel manufacturing. Between 1995 and 2010, India built world-class apparel manufacturing facilities through sheer hard work and strong policies from global brands, coupled with the dedication of industry veterans. Efforts from industry associations, academic institutions, NGOs and manufacturers themselves helped shed the ‘sweatshop’ label, giving respectability to the profession.
However, after 2010, Bangladesh’s rapid growth slowed India’s momentum. Now, the rise of homegrown D2C brands presents a new challenge to organised manufacturing in India.
Most D2C brands don’t own manufacturing facilities and aren’t bound by compliance standards. While the US $ 14.9 billion D2C retail market creates an estimated US $ 7.5 billion manufacturing industry, it primarily thrives on less-regulated ‘sweatshop-style’ production. In contrast, India’s US $ 17 billion export-driven world-class manufacturing industry has stagnated.
The assumption that nations must pass through a ‘sweatshop phase’ for economic development is outdated. While such practices marked early industrialisation in 19th century Britain, the 21st century offers technological advancements and ethical frameworks that allow countries to bypass this model entirely.
To address these challenges, India needs to bridge the gap between compliance-driven exports and the fast-paced D2C sector. This can be achieved through stringent implementation of laws, incentives for sustainable practices and fostering partnerships between traditional manufacturers and D2C brands. Perhaps, the new planned Sustainability Framework for Textiles addresses these issues, aiming to promote responsible manufacturing and reduce the reliance on unregulated, sweatshop-style production practices.
9 India’s Footwear Market Marches On!
The footwear market boom is here to stay. India is the second-largest producer of footwear, holds 10.7 per cent share of global production and the sector contributes about 2 per cent to India’s GDP. The current market is valued at around US $ 26 billion and the government aims to reach US $ 50 billion by 2030. The rise of sneakers has primarily fuelled this growth. While the sneaker segment currently holds 25 per cent of the market share, it is expected to rise by 75 per cent by 2030. The production of leather shoes is also shifting from small-scale, cottage industries to larger corporate entities, which has provided another shot in the arm.
This transformation is not only driven by the ‘China+1’ model but also by rising manufacturing costs in China and Vietnam. India’s growing home market of consumers is willing to pay for improved footwear quality, further fuelling this shift. Contract manufacturing in India is on the rise, with leading footwear manufacturers from Taiwan, connected to major global brands, planning to invest over Rs. 6,600 crore (US $ 807.32 million) in Tamil Nadu in 2024.
The southern state is turning into a significant production centre for footwear with its contribution of 38 per cent to the total footwear and leather production in India. Some of the giants such as Feng Tay, High Glory Footwear India and Singapore-based Zhong have all declared their intentions to open manufacturing units, most of which are in joint partnership with Indian investors.
Non-footwear and apparel companies are also venturing into the footwear segment to grow. For example, Hindustan Foods Ltd., a key supplier of packaged consumer items, acquired sports shoe manufacturing operations from SSIPL Retail Ltd., for Rs. 77 crore (US $ 9.36 million).
To improve quality and increase output, the government has recently implemented Quality Control Orders (QCOs) for both leather and non-leather footwear.
The thrust of authorities and trade bodies in 2025 would be on making the footwear sector more organised, as 70 per cent of it remains unorganised. This poses challenges for organised retailers, making it difficult to compete effectively, especially in terms of pricing and establishing a strong market presence.
| US $ 50 billion
The current footwear market is valued at around US $ 26 billion and the government aims to reach US $ 50 billion by 2030. |
10 More M&A Activity In 2025
The apparel sector is going through a rapid churn with trends like AI, sustainability, hyper-customisation and tech-savvy customers reshaping the market. In this environment, mergers and acquisitions (M&A) have become more important than ever and their significance will only grow in 2025. Strategic acquirers don’t just focus on buying but also actively sell off assets that no longer align with their strategy.
A McKinsey & Company survey analysed the world’s 2,000 largest public companies and found that those making more than two small or medium-sized deals each year over 10 years (up to 2022) achieved on an average an extra 2.3 per cent return for their shareholders.
Last year saw significant M&A activity. For example, Gokaldas Exports Ltd.(GEL) bought the entire equity of Matrix Design and Industries Pvt. Ltd., from Matrix Clothing Private Ltd., for Rs. 489 crore (US $ 59.7 million), giving the former access to the knit apparel business, opening into European and UK markets and opportunities for low-cost expansion in the future.
Similarly, Aditya Birla Fashion and Retail Ltd., also increased its stake in Tarun Tahiliani brand’s parent company Goodview Fashion, by 17.5 per cent for Rs. 127.42 crore (US $ 15.6 million). This raised Aditya Birla’s stake from 33.5 per cent to 51 per cent. The company’s fashion and lifestyle arm, TMRW, also bought 16 per cent stake in Universal Sportsbiz, which operates the Virat Kohli owned clothing brand WROGN, for Rs. 125 crore (US $ 15.3 million).
Major apparel manufacturer and exporter, S P Apparels Ltd., acquired Young Brand Apparel Pvt. Ltd., from promoter Bannari Amman for Rs. 223 crore (US $ 27.2 million).
In the beauty sector, Nykaa approved the acquisition of its westernwear and accessories business by parent FSN E-Commerce for Rs. 133.7 crore (US $ 16.3 million).
Experts suggest that the focus of M&As should be more on domestic markets, targeting emerging sectors, investing in vertical integration and strengthening supply chains. To reduce transaction risk, using deal structures like milestone payments (where payments are made at predefined stages of the project) can also be considered.
| Protective textiles are gaining demand, especially protective clothing for military personnel such as bulletproof vests, helmets and gloves. |
11 Technical Textiles: India’s Next Big Growth Driver
The potential of technical textiles, made of 12 segments including Mobiltech, Sportech, Indutech, Hometech, Buildtech, Meditech, Clothtech, Agrotech, Packtech, Protech, Geotech and Oekotech, is immense. The global market for technical textiles is around US $ 300 billion, while India’s domestic market is US $ 25 billion and annual exports equal to US $ 2.6 billion.
Moreover, our use of technical textiles across various sectors is just 5 per cent – 10 per cent compared to 30 per cent – 70 per cent globally.
The sector has also caught the interest of the government. Under the National Technical Textiles Mission, the authorities have approved 156 research projects to support innovation in technical textiles including development of carbon fibres and support to start-ups under different areas of technical textiles.
Last year, Quality Control Orders were released for 57 technical textiles items, including fire retardant furniture fabrics and 37 new HSN Codes were introduced for technical textile products.
To promote skilled manpower, the Textile Ministry has given Rs. 14 crore (US $ 1.7 million) to top institutes like IITs to come up with specialised courses in Technical Textiles.
The Textile Policy 2024 also offers financial support to businesses—providing capital subsidies from 10 per cent to 35 per cent of fixed capital investments, up to Rs. 100 crore (US $ 11.8 million) and gives credit-linked interest subsidies ranging from 5 per cent to 7 per cent. There’s also a push to make labelling mandatory for all textile and apparel manufacturers and several government departments are being nudged to actively use technical textiles in their operations. These include the Ministry of Railways, Ministry of Road Transport and Highways, Shipping and Waterways, Ministry of Jal Shakti, Ministry of Ports, Ministry of Defence, Ministry of Agriculture and Farmers Welfare (MoAFW) and others.
Efforts are also being made to promote international quality standards like ISO, ASTM, TQM and Six Sigma for Technical Textiles.
Looking ahead, Geotech products will be widely used to prevent soil erosion on hillsides and embankments, driven by rising infrastructure projects in developing countries. Protective textiles are also gaining demand, especially protective clothing for military personnel such as bulletproof vests, helmets and gloves, which provide protection from bullets, fire, chemicals and extreme conditions. With large fabric needs for military and police forces—India alone has over 4 million personnel—this sector is rapidly growing.
Major export markets for technical textiles include ASEAN countries, Egypt, Turkey, Saudi Arabia, Russia, South Korea and Brazil.
| US $ 943 million IPO
Recently, Vishal Mega Mart’s US $ 943 million IPO was fully subscribed on the second day of bidding, mainly driven by demand from non-institutional investors. |
12 The IPO Boom
India’s stock market is experiencing a rise in IPO activity. In 2024, 302 companies raised funds, a significant jump from 238 IPOs in 2023. Out of these, 204 (or 67.5 per cent) are trading above their issue prices. The rise in Demat accounts highlights this trend, with 4.4 million new accounts opened in September 2024, bringing the total to 175.4 million. India’s IPO market has grown to US $ 3.26 trillion in 2023 from just US $ 22 billion in 2021. No wonder, India has overtaken China in the MSCI All-Country World Index, reflecting strong global investor interest. Textiles are a key sector benefiting from this IPO boom.
The MSCI ACWI tracks large and mid-cap stocks across 23 developed markets (DM) and 24 emerging markets (EM), covering around 85 per cent of global equity opportunities, with 2,650 constituents. Among the sectors taking advantage of this IPO boom is textiles.
More than 16 small and medium-sized textile and big apparel companies have gone public this year, seeking funds for expansion and growth. These companies include Divyadhan Recycling Industries Ltd. (polyester yarn and home textiles); Paramount Dye Tec Ltd. (recycled synthetic yarn and acrylic fibre yarns); Neelam Linens and Garments (garments and home textiles); Silkflex Polymers (textile inks); Baazar Style Retail Ltd. (value fashion retail); S D Retail Ltd. (sleepwear brand); Shree Karni Fabcom Ltd. (top-tier fabrics – technical textiles); Kalahridhaan Trendz (fabrics); Signoria Creation Ltd. (womenswear brand); Kizi Apparels Ltd. (womenswear brand); Avi Ansh Textile Ltd. (yarns and fabrics); SPP Polymer Ltd. (variety of fabrics and bags); Saraswati Saree Depot Ltd. (womenswear – B2B); United Cotfab Limited (yarns); Sanathan Textiles (yarn manufacturer); and Vishal Mega Mart (value retailer).
In fact, Vishal Mega Mart’s US $ 943 million IPO was fully subscribed on the second day of bidding, mainly driven by demand from non-institutional investors. Meanwhile, Pernia’s Pop-Up Shop is raising
Rs. 250 crore (US $ 29.64 million) through a pre-IPO placement.
The potential of India’s textile and apparel sector, along with a well-integrated ecosystem of market intermediaries like investment banks and brokerages, is supporting this growth. With stable governance and inflation control, Indian markets and IPOs are expected to continue attracting investors.
