The textile industry in India is a vast and dynamic sector, playing a significant role in the country's economy. With a rich history of textiles that dates back millennia, India continues to be a major producer and exporter of fabrics, clothing, and home textiles. At present, India holds a 4% stake in the worldwide trade of textiles and apparel. It is predicted that India's textile and apparel sector will expand at a rate of 10% per annum from 2019-20 to 2025-26, taking the industry's value to US$ 190 billion.The industry employs millions of people, from farmers and spinners to weavers and tailors, and is considered a key driver of economic growth and development. In recent years, the textile industry in India has undergone significant modernization, with investment in new technology and infrastructure. This has allowed Indian textile companies to improve their competitiveness on a global scale and increase their exports to markets around the world.
As a leading global player in the textile industry, Welspun is well-positioned to stay ahead of the latest trends and innovations.
In the realm of textiles, there are three trends in particular that are poised to make a significant impact in 2023. These trends represent a mix of new innovations and time-honored techniques that are poised to shape the future of the textile industry in India.
The home textile industry is undergoing a revolution with the increased use of technical fabrics. From being anti-allergic to being quick-drying and ultra-soft to having high absorption, these advanced materials offer a range of benefits for consumers. This textile accounts for 13% of India’s total textile and apparel market. The incorporation of these technical fabrics into clothing and textiles has made it possible to create products that not only look great but also promote health and comfort.
Welspun's commitment to innovation and its deep understanding of consumer needs is what set it apart from its competitors. By incorporating the latest advancements like anti-allergy textiles, they create a natural allergen barrier, and their chemical-free finish is comfortable on sensitive skin. They're even certified allergy and asthma friendly by the Asthma and Allergy Foundation of America (AAFA).
The use of sustainable fibers helps reduce the environmental footprint of clothing and textiles, as they are often grown and processed with fewer chemicals and pesticides. Additionally, many sustainable fibers have a low impact on water and energy resources, making them an attractive option for consumers looking to live a more sustainable lifestyle.
Textile recycling involves collecting and processing discarded textiles for reuse, reducing the need for new fibers and materials. This process not only helps to conserve resources but also reduces the amount of waste sent to landfills. Upcycling, on the other hand, involves taking old textiles and transforming them into new products.
Welspun is incorporating circularity into all aspects of its operations, from sourcing sustainable raw materials to transitioning from conventional to non-conventional energy reliance, as well as upcycling and recycling waste, throughout the entire product lifecycle from production to consumption.
Textile design is often seen as a conventional field, with strict guidelines and traditional patterns dominating the industry. However, there is a growing movement towards embracing the unconventional and encouraging creativity in textile design. By breaking away from traditional patterns and structures, designers are able to create unique and innovative designs that challenge the status quo. These designs often push the boundaries of what is possible with textiles and introduce new techniques and materials to the industry. Welspun's commitment to sustainability extends beyond its design practices. The textile company is dedicated to reducing waste and promoting sustainability through its recycling and upcycling initiatives.