New Delhi, July 8 -- The growing middle-income population across Africa, Southeast Asia, and Latin America is driving demand for climate-resilient, cost-effective, and performance-driven apparel.
A recent knowledge paper by the Confederation of Indian Textile Industry (CITI) and Wazir Advisors suggests that India's manmade fibre (MMF) sector is well-positioned to tap into this opportunity.
The report highlights "white spaces" in the global MMF market where India can establish a first-mover advantage or regional leadership. One such space is affordable synthetic fashion tailored for emerging economies in the Global South.
Currently, most global MMF suppliers cater predominantly to premium Western brands, leaving a gap India could fill....
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