your password has been reset successfully, Please login again.

Business opportunities in textile industry

Textile market place covers a wide range of cloth product and accessories such as fibre, yarn, textile clothing, readymade garment etc. Read to know more
BY Sanjana Surbhi
Feature Writer, BusinessEx
Jun 20,2018

Indian textile industry plays an important role in the economy of the country. It is one of the largest contributors to Indias export, approximately 13 percent of total exports. This industry also provides direct and indirect employment to approximately 105 million people. The textile industry is having a positive growth not only in the domestic market but also in the international markets. With such growth in this industry, the Indian Government is also providing all the help and support.

This industry is booming like never before. This is the best time, when you can try your luck in this industry. There are so many opportunities available for trading in textile business. It is a broad area to increase your earning.

What is Textile industry?

The Textile industry is basically concerned with the design, production and distribution or marketing of yarn, Fabrics or readymade clothing. What we wear, what we use to decorate, where we sleep on, where we live with (home textile/decor) and many more, all comes under textile industry. The raw material can be natural or synthetic using products of the chemical industry. The biggest textile business is done in Surat, Gujarat. Says Shalini Shreya , a textile designer.

There are many business opportunities in Textile industry. This industry is considered as a profitable for new and aspiring entrepreneurs. Here are some of the best business opportunities with minimum budget and infrastructure across India.

  1. You can start a cloth boutique store/showroom

A boutique store is one of the most profitable retail venture industry in India. It is a store where you can easily get fashionable ladies and kids wear garments. Any entrepreneur can initiate this business but you need to have a proper sense of style trends and fabrics at least. Focus on your target audience and accordingly keep clothes. says Ankur Ankita, a fourth year (textile Design) student at NIFT.

  1. A shop for the brides

One of the most trending businesses now-a-days are wedding planners, wedding photographers and all these cannot be completed without a wedding dress. People spend a lot of money on their wedding dresses. It is the most trending retail business opportunity in clothing industry. You need to keep right collection with different price range to attract customers. Says Shreya.

  1. Hand printed fabric clothing

Handmade items are always high in demand. People always prefer hand-printed fabric art. Having skill in fabric art and drawing one can initiate this business home based with low start-up capital investment. You can also sell the items from an online marketplace directly by registering your business. Says Alok Kumar, an intern at Arvind Mills.

  1. Customized T-shirts printing

The demand for customized stuffs especially t-shirts are increasing day by day. Its a profitable business venture to start with small start-up capital. In this business selecting the right machinery according to the desired output is the most important factor in this business. Also you must have the right network in this industry. Location is another important factor. Says Ankita.

  1. You can start uniform manufacturing company

There are many educational institutes in India and many corporate offices which have uniform system. So, you can try this out. If you are planning to set up uniform making company, then you have to contact business supply chain uniform wholesaler, retailer and shops. Location is an important factor in this textile business. Says Shreya.

  1. Cloths available on rent

For attending some distant relatives function, you might not want to buy expensive cloths. People planning to start any business, can go with this. In this type of business you have wide range of collection of traditional cloth, apparel, Lehenga choli, mens sherwani and other clothes. You need to invest 3 to 5 lakh of capital to start this business. Its a profitable business. Once set up, you can easily get 2000 o 3000 regularly. Says Kumar

The growth pattern of Indian textile industry in the last decade has been more than the previous decades. Even the clothing wholesale supply is increasing worldwide. It is a good time to invest in this business.

Please add your Comment
SIMILAR Articles
August 16, 2019
With Series D Equity financing round, the valuation of ShareChat has incremented to $650 million. ...More
By Jaspreet Kaur
August 14, 2019
By making a transaction with Amazon, the Indian retailer plans to increase its valuation with INR 20 ...More
By Jaspreet Kaur
August 09, 2019
With this transaction, Nahoko Hoshino, Vice President of the Japanese investment group, SoftBank Inv ...More
By Jaspreet Kaur
August 08, 2019
The hyperloop company, Virgin Hyperloop One, and DP World will be developing the line in India. ...More
By Jaspreet Kaur
August 08, 2019
By discarding “special status” provision to J&K state, the economy in the province will boom and in ...More
By Jaspreet Kaur
August 05, 2019
For developing a connection, an employer needs to convey the ‘human consequences’ of a work to the e ...More
By Jaspreet Kaur
August 03, 2019
Apart from RBI’s non-permittance to source data outside India, WhatsApp Pay had a fallback because o ...More
By Jaspreet Kaur
August 02, 2019
The leading food-tech company, Swiggy is trying to close a $700-$750 million round syndicated by Sou ...More
By Jaspreet Kaur
August 01, 2019
The food-tech companies have recently found cloud kitchen as one of the mediums to gain traction of ...More
By Jaspreet Kaur
July 31, 2019
According to media reports, CCD’s founder had leapt into Nethravati River, Mangaluru and after 36 ho ...More
By Jaspreet Kaur
July 30, 2019
The edtech company has raised its bars anew by closing its $150 million round of funding and in turn ...More
By Jaspreet Kaur
July 29, 2019
Amongst all, performance appraisal is one of the most crucial elements to motivate the workforce. ...More
By Jaspreet Kaur