Clothing and Fashion Wear
Index : 738 | 1Yr : -43.47% | 1Mo : +6.87%
Category : Sectoral Trackers
Min Investment : 5,672
The textile industry is the second highest employment generator after agriculture. India is a hub of textiles and accounts for over 60% of global textile and garments. India has several advantages as it is the largest producer of fibre and second largest producer of cotton in the world. It has the highest installed capacity of textile processing units (spinning and weaving) in the world. Also, the Government has allowed 100% FDI under the automatic route which opens up more investment opportunities in this sector. With the vast availability of skilled labour, and a booming domestic demand for clothing, there is a steady long-term growth potential in this space.
Invest in leading companies that have carved out a niche for themselves and have great future potential in comparison to their peers.