Companies

Denim industry to grow at 15 per cent

Our Bureau Mumbai | Updated on January 16, 2018 Published on September 28, 2016

The Rs 30,000-crore India’s denim industry has been growing at a CAGR of 15 per cent over the last five years and would continue to growth at the same speed in the next five years to achieve Rs 54,600 crore by 2023, stated retail experts at the 32nd IAF World Fashion Convention said. This was stated during the session “New Opportunities in Denim” today.

Organised jointly by the International Apparel Fashion (IAF) and the Clothing Manufacturers’ Association of India (CMAI), the Convention was supported by the Union Ministry of Textiles and Union Ministry of Commerce

Published on September 28, 2016
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