Deep Dive 31 minutes PremiumInternational Apparel Retailers in India: Opportunities in an Evolving, High-Growth Market Arun Sriram, Analyst Sector Lead: Anand Kumar, Associate Director of Research April 26, 2023 What's InsideIndian consumers’ apparel preferences have been evolving toward global on-trend fashion over the past few decades. The entry of various international apparel retailers into India, as well as partnerships between Indian apparel conglomerates and global fashion brands, is inspiring other international apparel players to follow suit. In this research report, we examine apparel retail in India, including its defining characteristics and market growth estimates as well as the opportunities and challenges for international apparel retailers looking to enter and expand in the market. Data in this research report include: Consumer spending on apparel in India, FY18–FY28E Per capita income in India, 2011–2021 Per capita consumer spending on clothing and footwear in selected countries, 2020 Key metrics of prominent international brands in India’s apparel retail sector Timeline of FDI (foreign direct investment) liberalization in India, as well as FDI policy for different types of retail businesses Companies mentioned in this report include: Aditya Birla Fashion and Retail Limited, American Eagle Outfitters, Calvin Klein, Flipkart, H&M, M&S, Reliance Retail, Trent Retail, Under Armour, United Colors of Benetton, Zara Other relevant research: International Grocery Retailers in India: Growth Opportunities Despite Regulatory Constraints Market Outlook: India E-Commerce Retail 2023: 10 Trends in India Retail More Coresight Research reports on retail in India Our full coverage of apparel and footwear retail This report is for subscribers only. Learn more about subscriptions here.If you are a subscriber, please log in. This document was generated for Other research you may be interested in: Is the Future of Security Locked in Technology?: Insights Presented at NRF Protect 2023July 2023 US Retail Sales: Resilient Consumers and Nonstore Retailers Fuel Retail Sales GrowthInclusivity in Retail: Trends from 2022, Opportunities for 2023US Store Tracker Extra, June 2023: Walgreens Adds 2 Million Square Feet to Closures