The India textile machinery market size reached USD 1.14 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.02 Billion by 2033, exhibiting a growth rate (CAGR) of 6.08% during 2025-2033. The increasing global demand for textiles, technological advancements, supportive government policies, a growing domestic market, and a focus on sustainability are some of the factors propelling the growth of the market.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1.14 Billion |
Market Forecast in 2033 | USD 2.02 Billion |
Market Growth Rate 2025-2033 | 6.08% |
Rising Shift toward Domestic Production
India is actively enhancing its textile machinery sector by encouraging foreign manufacturers to establish local production facilities. This initiative aims to reduce reliance on imports, promote self-sufficiency, and bolster the domestic manufacturing landscape. The government's 'Make in India, Make for the World' campaign underscores this strategy, positioning India as a competitive hub for textile machinery production. Collaborations with international machinery manufacturers are expected to bring advanced technologies and expertise into the country, benefiting both domestic producers and global partners. This approach not only strengthens India's industrial capabilities but also aligns with its broader economic goals of sustainable growth and increased employment opportunities in the manufacturing sector. For example, in January 2025, India's Minister of Textiles inaugurated the India Pavilion at Heimtextil 2025 in Frankfurt, highlighting the nation's expanding textile industry. The Minister emphasized India's competitiveness and invited global investors to 'Make in India, Make for the World.' Discussions with German machinery manufacturers underscored India's position as a significant textile machinery buyer, encouraging them to invest and produce machinery domestically, benefiting both parties.
Digital Platforms Revolutionizing Used Textile Machinery Transactions
The textile machinery sector is witnessing a shift towards digital platforms for trading used equipment. These platforms offer comprehensive services, from initial consultations and machine inspections to post-transaction support, ensuring a seamless experience for both buyers and sellers. Features such as unique participant IDs maintain confidentiality, while real-time auction monitoring enhances transparency and trust within the industry. By eliminating intermediaries, these platforms streamline the buying and selling process, making it more efficient and accessible. This digital transformation not only broadens market reach but also fosters global collaborations, positioning such platforms as pivotal in the modernization of the textile machinery marketplace. For instance, in July 2024, Wazir Advisors and Texcoms Worldwide launched 'Textile Auction,' an e-auction platform for used textile machinery. This platform offers services from consultation and machine inspections to post-auction support, ensuring a seamless process for buyers and sellers. Features include unique participant IDs for confidentiality and real-time auction monitoring for sellers, enhancing transparency and trust in the industry.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on machine type, distribution channel, and application.
Machine Type Insights:
The report has provided a detailed breakup and analysis of the market based on the machine type. This includes spinning machines, weaving machines, knitting machines, texturing machines, and others.
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes direct and indirect.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes garments and apparels, household and home textiles, protective textiles, medical, automotive, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Machine Types Covered | Spinning Machines, Weaving Machines, Knitting Machines, Texturing Machines, Others |
Distribution Channels Covered | Direct, Indirect |
Applications Covered | Garments and Apparels, Household and Home Textiles, Protective Textiles, Medical, Automotive, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |