The Indian Apparel Industry is preparing for a growth spurt. According to estimates by Cygnus Economic and Business Research, the industry will grow 4 to 5 percent a year in volume and 13 percent a year in value. Retail industry in India is estimated at US$ 200 billion and is projected to grow at 5% p.a. The market for high-end clothing in India is estimated at Rs1,000 crore, and for accessories, including cosmetics, costume jewellery and footwear, at another Rs1,000 crore.
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