
India's textile market size grew to US$78 billion in 2010 from US$46 billion in 2005 at a CAGR of 11.1% Indian textile exports increased to US$26.8 billion in FY11 from US$19.1 billion in FY07 at a CAGR of 8.8%
Madhya Pradesh is a Traditional textile hub and has well established Industry with an exports of around INR16.25 billion (US$325 million) in 2009-10
Readymade garment industry cluster at Indore housing over 1,200 units with an Apparel designing center at Indore SEZ
Enabling infrastructure - A Textile Park in Chhindwara and 2 Apparel Parks, one each at Indore and Jabalpur and a Readymade Garment Complex at Indore
Availability of low cost and skilled manpower with rich tradition of knitting & weaving - Specialized institutes such as NIFT Bhopal and AEPC apparel training centers
Major players such as Vardhman Textiles, Pratibha Syntex, Abhishek Industries, Nahar Spinning Mills, SEL Manufacturing and Maral Overseas invested more than INR50 bn (US$1 bn)
Attractive incentives - Upto 50% financial assistance to private players on development of roads, uninterrupted power and water supply, upto 5% interest subsidy to MSMEs, 15% capital subsidy MSMEs and 75% rebate on land premium rate for mega projects
| Readymade Garments | Indore SEZ with ready available infrastructure for large garment units |
|---|---|
| Textile Industry Vision 2020 | Aim to achieve 7% of India's spindle capacity; Opportunities for cotton ginning and yarn spinning mills, power looms and hand looms, apparel designing and retailing, technical textiles and dyeing and coloring units |
| Textile parks and Investment Corridors | Establishment of Textile parks and manufacturing units in DMIC region, Investment corridors and traditional textile hubs of Indore, Ratlam, Dewas, Dhar and Ujjain |

MP Trade & Investment Facilitation 



