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India 8th largest apparel supplier to Spain, ample scope for growth

30 Oct '24
2 min read
India 8th largest apparel supplier to Spain, ample scope for growth
India 8th largest apparel supplier to Spain, ample scope for growth

Insights

  • India ranks as the 8th largest apparel supplier to Spain, with a *.*% share in 2024.
  • In home textiles, India is the third-largest supplier, holding a *.*% share, behind China and Pakistan.
  • For fabric, India's share remains low at *.*%.
  • With recent discussions between Modi and Sanchez, both countries aim to strengthen textile trade.

During their meeting, Modi told his Spanish counterpart that India is keen to re-energise bilateral relations, while the Spanish Prime Minister said that his country is looking forward to advancing the great cooperation.

According to Fibre2Fashion&#**;s market insight tool TexPro, Spain imported apparel worth $***.*** million from India in January-July ****, which was *.** per cent of its total imports of $**.*** billion. In terms of apparel supply to Spain, India is lagging behind Bangladesh, China, Turkiye, Morocco, Cambodia, Italy and Pakistan. The import from India was slightly higher than the Spanish inbound shipment of $***.*** million in January-July ****.

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