Readymade garments are a part of our daily life. Clothes are an epitome of a culture. People in different parts of the world have their own styles of dressing which symbolize their culture and status. They are made from many different fabrics and yarns. Their characteristics depend on the fibers used in their manufacture. Ready-made garments are divided into the following types: Outer clothing: workwear and uniform, leisure wear, sportswear (e.g. suits, pants, dresses, ladies' suits, blouse, blazers, jackets, cardigans, pullovers, coats, sports jackets, skirts, shirts (short- or long-sleeved), ties, jeans, shorts, T-shirts, polo shirts, sports shirts, tracksuits, bathing shorts, bathing suits etc.)
The Indian clothing market for readymade garments is estimated at over Rs 1000 bn with men'swear segment accounting for 46%, while the shares of women's and kids' clothing are pegged at 36% and 17%, respectively. Garment industry accounted to US$ 109 billion in 2014 which is expected to reach US$ 127.8 billion by 2020. The exports post quota regime showed an annual growth nearly of 10%. The sector is expected to show a CAGR of 16% toreach $ 31 billion by 2020-21. This facilitates the development of new technologies and ensures a high quality product.
Few Indian major players are as under
· Aabhushan Apparels Pvt. Ltd.
· Accel Apparels Pvt. Ltd.
· Achiever Apparels Pvt. Ltd.
· Active Clothing Co. Ltd.
· Bhairav Knitting Pvt. Ltd.
· Bhandari Apparels Ltd.
· Bharat Knitting Works Ltd.