India’s textile sector is entering a favourable phase, supported by global supply chain diversification, improving demand visibility and increased sourcing activity, according to a recent report by Motilal Oswal.
The report said global retailers are reducing dependence on China and increasingly consolidating sourcing with large, compliant and scaled partners, positioning India to gain share in global textile and apparel trade.
According to the report, home textiles remain one of India’s strongest export segments, with premiumisation, value-added products, sustainability-led sourcing and brand penetration expected to drive long-term growth.
Welspun Living said its integrated manufacturing capabilities, diversified product portfolio and longstanding relationships with global retailers position the company to benefit from these industry trends.
The report noted that India currently accounts for only around 4–5 per cent of global textile and apparel trade, indicating significant scope for market share gains. It also highlighted that recent trade agreements, including the India-UK Free Trade Agreement and the proposed India-EU trade deal, are expected to strengthen India’s position as a sourcing destination.
Welspun Living said its continued investments in innovation, sustainability, brands and emerging businesses are aligned with these opportunities.
“This recognition by Motilal Oswal validates the strategic choices we have made over the years—building scale, deepening customer partnerships, investing in innovation and sustainability, and diversifying into high-growth categories. India is at a genuine inflection point in global textile sourcing, and Welspun Living is well positioned to be a disproportionate beneficiary of this structural shift,” said Dipali Goenka, managing director and chief executive officer, Welspun Living.
