India’s coveted start-up club of unicorns is growing, and in the current year itself the country has already added 8 more firms, valued over US $ 1 billion. Despite economic slowdown and stiff competition, home-grown ventures managed to garner US $ 7.67 billion in the nine-months ended September 30, 2019, attracting more and more international investors. Team AOI takes a look at top 10 start-ups excelling in India’s apparel industry. This issue also has interesting stories on how the Netherlands-based The Sting Company, having 160 stores of its own and a turnover of 400 million euros, is expanding its sourcing from India and South Asia.

Also read how Madhya Pradesh is attracting huge investments of over Rs. 6,000 crore from textile and apparel industry. During the recent ‘Magnificent MP’ Madhya Pradesh Investors’ Summit 2019, some prominent companies like Trident Group, Richa Global Exports and Maral Overseas Ltd. announced their investments.

The 48th edition of Indian Handicrafts and Gifts Fair concluded recently with a good visitation from 7,312 buyers from over 100 countries. Focusing on Autumn 2019, the five-day show generated business worth Rs. 3,750 crore. Team AOI met few garment manufacturers and explored various aspects of the show.