Clothing Franchise Business In India: Growth, Trends and Opportunities
Written by Deepak sah Sep 7 , 2021
Ready-made garments are mass-produced finished textile products of the clothing industry. They are made from many different fabrics and yarns. Their characteristics depend on the fibres used in their manufacture. The garments are very simple to manufacture and easily marketable both in urban and rural areas. The demand for readymade garments is increasing day by day due to the urbanization of the cities.
Readymade garments are a part of our daily life. Clothes are an epitome of culture. People in different parts of the world have their own styles of dressing which symbolize their culture and status. The Readymade garments industry is increasing day by day due to changes of fashion in day to day life. The textile industry including readymade garments occupies a unique position in the Indian economy. Its predominant presence in the Indian economy is manifested in terms of its significant contribution to industrial production, employment generation and foreign exchange earnings.
The readymade garment industry in India owes its existence to the emergence of a highly profitable market for exports. Ready-made garments account for approximately 45% of India's total textile exports. It has immense potential for employment generation particularly in the rural and remote areas of the country on account of its close linkage with agriculture. They represent value-added and less important sub-sectors. In recent years, however, domestic demand has also been growing rapidly. Thus, due to demand, it is a good project for entrepreneurs to invest in.
Market Trends and Growth
India’s textiles sector is one of the oldest industries in the Indian economy dating back several centuries. Even today, the textiles sector is one of the largest contributors to India’s exports with approximately 15 percent of total exports. The textiles industry is also labour intensive and is one of the largest employers.
India is the sixth-largest supplier of readymade garments in the world with a 3.7 per cent share in global exports.
The textile industry employs about 51 million people directly and 68 million people indirectly. India's overall textile exports during FY 2015-16 stood at US$ 40 billion.
The Indian textiles industry, currently estimated at around US$ 120 billion, is expected to reach US$ 230 billion by 2020. The Indian Textile Industry contributes approximately 4 per cent to India’s Gross Domestic Product (GDP), and 14 per cent to the overall Index of Industrial Production (IIP). The size of India’s textile market in 2014 was USD99.0 billion which is expected to touch the USD226 billion market by 2023 at a CAGR of 8.7 per cent between 2009-23.
Clothing franchise opportunities and franchise costs
Cotton Culture: In the Year 1992 they started with a Manufacturing Unit to Design and manufacture Ladies Garments for sale to Large Super Stores.
After almost two decades of experience in selling to large retail houses, they decided to venture into retailing in their own brand name of COTTON CULTURE which was born in the year 2010 with only two self-managed stores. The last few years have seen exponential growth and today they have 27 self-managed stores across Maharashtra and UP and this number is climbing every year. The time has is now ripe for them to take our range of exclusive Women clothing online and have a far greater reach for our garments to make them available to every desirable woman across the globe.
Investment: 20 lakh- 30 lakh
Aangan of kutch: It is into the manufacturing of Kurtis and other readymade garments. They represent different kutcha communities providing them with a source of livelihood with pride to the women artisans and by doing so helping in the preservation of the region economically, culturally, and ecologically. Exclusive ladies designers wear Designer Kurtis, gowns, skirts, jackets, tops, and ensembles all done with exquisite kutcha hand embroidery and hand blocks. Aangan of kutch caters to the latest market trends and uses unique hand embroidery and hand block designs accordingly which are difficult to procure. Aangan Of Kutch designs every garment with the utmost care and a perfect blend of our Indian traditional techniques, hands crafts process, and our delicate skills. They make efforts to empower the women folks around us by fabricating a feasible market for them where their art can be preserved and serve as India’s traditional crafts to the customers.
Investment: 15 lakh- 20 lakh
AMANI Store - "AMANI" means dream, wish and aspiration in Arabic, for them AMANI is all about "YOU", and delivering a completely new shopping experience for its customers in large format global lifestyle retailing.Since its inception “AMANI” always aims to offer a range of premium merchandise in fashion and lifestyle. Their Team's focus is to build the trendiest and best from premium products and includes ladies/kids apparel, Fashion Accessories, lifestyle. And their catalogue is expanding. "AMANI" started in the year 2012, and in a short span of time, we have created our presence across UAE (Dubai, Abu Dhabi, Al-Ain, RAK, Sharjah, Ajman, and Fujairah). They have also started our operation in countries like KSA, OMAN, QATAR, and AFRICA. Currently “AMANI” has its headquarters in Dubai and offices in India and Hong Kong." AMANI" slowly but steadily is spreading its wings across the International market. Making a promise to Fashion-to keep it real.AMANI offers a wide and assorted range of Jalabiyas and Kurtis. They also offer Accessories like Scarfs, earrings, necklaces, bags, and the list goes on.
Investment : 20 lakh -30 lakh
Outlets : 5+
Chique : Chique is a fast-growing indo western women’s wear brand having several stores pan India. Simple, innovative and progressive, Chique is reinventing a wholly modern approach to fashion. Chique offers affordable designer wear for all kinds of casual and occasion wear clothing requirements of the stylish Indian woman. It caters to one of the strongest and largest sections of urban women that falls in the age group of 20 to 60 years. Eclectic, contemporary, romantic—the brand represents the pinnacle of urban dressing and is unsurpassed for its quality and attention to detail. Chique, as a brand is inspired by Urban Indian women who aspire to express themselves as modern citizens of the world. With a clear strategy to flag 100 stores in the next three years, the brand sells across the country including major cities like Mumbai, Hyderabad, Chennai, Bangalore and Kolkata through over 25 multi-brand outlets. With strong future plans on expanding its digital presence, the brand already sells on major online platforms like Jabong and Myntra. Through its collaboration with Pernia's Pop Up Shop, Chique focuses to cater to the Urban Indian sensibilities. Starting with UAE, the brand has already set its foot internationally
Investment: 10-15 lakh
Arvind Ltd: It is formerly known as Arvind Mills, a textile major is into the manufacturing and retailing of textile fabrics - shirtings, suitings and denim in the domestic and international market. Arvind Ltd has exclusive Licensing and marketing rights for various international apparel brands such as ARROW, USPOLO ASSN, TOMMY HILFIGER, GANT, IZOD, GAP etc and Private labels like FLYING MACHINE, NEWPORT, EXCALIBUR, CHEROKEE etc. The Arvind Mills franchise had formulated an aggressive strategy to streamline its current operations by setting up top scale garmenting facilities and providing services through a one-stop-shop by offering garment packages to all its international and domestic customers.
Investment: 30-50 lakh
Siyaram: It was established in 1978 and is the leading producer of blended fabrics in India. The company is an ISO 9001:2008 certified organisation and is the country’s largest textile brand in Men’s fashion over three years. It is the nation’s largest producer of highly blended fashion suiting and shirting fabrics. The company manufactures over 60 million meters of fabric every year, endearing the hearts of fashion customers. The brand’s avant-garde manufacturing units are located in Tarapur, Daman and Silvassa. Siyaram’s aims to be the preferred partner to every stakeholder in the textile and fashion industry. With this as their motive, the brand delivers high-quality fabrics, strengthening the trust to create a rapport with its customers, thus fulfilling all their demands.The Siyaram’s brand stands out to be the most preferred brand in both urban and rural India. With its wide network across the country, the brand is available in more than 1 Lakh retail stores, thus making it the most preferred brand of clothing among the masses.
Duke : Established in 1966, at Ludhiana, Duke pioneered the T-shirt culture in the country.The Number One Selling T-shirt brand in India.Over 200,000 sq.ft. production facility at Ludhiana and producing over 32,00,000 garments for domestic market .Every year with a turnover of Rs. 100 crores.Duke has an unbeatable marketing network comprising of over 2500 multi-brand outlets and 0ver 100 exclusive stores across major cities in India.Foray into Sportswear Segment, Expansion of Retail network and exploring New Export Markets are the key future plans. Duke is now diversifying into many segments. The company is now providing an endless range of product which includes, T-shirts, Jackets, Sweaters, Sweatshirts, Tracksuits, Thermals, Jogging suits, Shirts, Denims and Trousers, Lowers, Bermudas, Shorts, Value packs, Lounge wears, Accessories etc for Men, Women and Kids. Duke continues to make products that are value for money and has created loyal customers who will settle for nothing else.
Investment: 5 lakh- 10 lakh
Being Human: It belongs to Mandhana Industries belong to Salman Khan Foundation, a charitable body that helps in many societal causes. Actor Salman Khan being the man behind the business as well as service initiatives, the clothing brand has established itself in an emphatic manner within a short span of time. Mandhana Industries that owns Being Human is 28 years old with a yearly turnover of approximately 1000 crores.There are several business houses that are run as complete commercial ventures. Being Human is not just a business venture but also an organization that is service minded. The societal approach exhibited by this business house is highly appreciated and this makes Being Human stand out of the crowd in a unique manner.
The brand is so well established by itself not purely for the quality of apparel it sells to the customers but also due to the high class service it provides to them. Salman Khan being a brand by himself, the influence exerted by both Being Human and himself acts as the key reason for the success of the brand.
Investment : 50 lakh- 1 crore
These are the Most promising brands to invest in the clothing franchise business and if you are planning to join hands with these franchise opportunities, you can visit franchiseBazar and one can also select other opportunities listed on the website and can select according to your investment plan and can get guidance from industry experts.
Written By Kiran James
Written By Kiran James ...
Written by Kiran James ...