In 2023, the import value of knitted or crocheted women's and girls' slips or petticoats from textile materials other than man-made fibre to India stood at a certain level. From 2024, forecasts show a steady year-on-year increase: 3.69% in 2025, 3.48% in 2026, 3.31% in 2027, and 3.13% in 2028. The compound annual growth rate (CAGR) predicted over these five years is approximately 3.40%, indicating moderate growth in the imports.
Future trends to watch for:
- Shifts in consumer preferences towards sustainable and natural fabrics could drive further growth.
- Trade policies and tariffs affecting textile imports might impact cost-effectiveness and competitive pricing.
- Advancements in textile technology enhancing product appeal and quality.
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