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 Table of ContentsIntroduction Market Scale and Opportunity International Apparel Retail in India: Coresight Research Analysis 1. Key Characteristics of the Indian Apparel Market 2. Opportunities in Indian Apparel Retail 3. Barriers to Entry 4. Prominent International Brands in India’s Apparel Retail Sector 5. Economic Reforms Enabling Apparel Retailers to Enter the Country 6. Entry Routes for Foreign Brands and Retailers in India What We Think 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 Premium subscribers only. Learn more about subscriptions here.If you are a Premium subscriber, please log in. Other research you may be interested in: