Domestic apparel market growing

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New Delhi, Oct 29, 2007 : According to a report by a CII-Ernst and Young Textile and Apparel the overall Indian domestic apparel market was witnessing a growth, due to growing young population and rising household incomes.

Other key driving factors for the growth are increasing consumerism and rapid growth in organised retail. With an estimated market size of USD 8.1 billion at present, the men's apparel sector in India is projected to grow in the range of USD 13.5 to USD 14 billion by 2009.


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