Are you wondering which segemnt of the Indian apapreal market has the highest growth rate ? It is neither Men nor Women its is the Kids 🙂 Looks like the Indian parents are increasingly spending ton of their fortunes on kids. The appareal market for kids is expected to grow 134% from Rs 18,800 crore to Rs 44,000 by the end of 2009.
The growth in Corporate sector is directly fueling the growth in Indian mens and womens appareal amrket which will touch Rs 56,000 crore and Rs 43,500 crore respectively, by 2009.
Source: Ernst & Young Textile Digest, 2007.