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India's fashion industry is enjoying a colossal surge in growth. With India's diverse consumer base and increasing disposable income, demand for fashion and luxury products has soared.
The fashion industry in India, valued at $9.90 billion in 2023, is projected to reach $28.84 billion by 2030, demonstrating a remarkable compound annual growth rate (CAGR) of 16.5%. This growth potential presents a promising landscape for entrepreneurs and fashion enthusiasts.
So, if you want to dive into this industry, here's some inspiration. Stick with us as we explore the top fashion brands in India in 2024, providing a detailed analysis of their key statistics.
Let's dive in!
H&M is another leading brand in India, famous for its fast fashion and extensive product range. Its ability to offer trendy clothing at affordable prices has made H&M highly appealing to the large population of price-conscious yet fashion-forward Indian consumers.
Zara has successfully targeted India's more affluent and aspirational consumer segments, allowing Zara to position itself as a luxury brand that appeals to customers seeking quality and status; consequently, Zara has captured a significant market share.
Indian consumers are increasingly aware of the importance of an active lifestyle for healthy living, which has driven demand for quality sportswear and athletic gear, which Adidas specializes in.
The iconic American denim brand Levi's has made it into the top 5 fashion brands in India. Levi’s is immensely popular for its jeans, casual wear, and denim jackets for men and women.
Fabindia is best known for its sustainable and handcrafted ethnic wear, using traditional Indian fabrics, weaves, and techniques.
BIBA was one of the first brands to introduce readymade churidar kurtas and salwar kameez sets in the late 1980s when such garments were unheard of. This established BIBA as a trendsetter in the Indian ethnic wear market.
Allen Solly's affordable pricing, mass-market trends, and high-end variants are a few of the many reasons why it’s earned its place as one of the top luxury fashion brands in India.
W pioneered the concept of 'Indian contemporary' wear, transforming traditional Indian silhouettes to cater to the evolving fashion sensibilities of Indian women seeking fusion wear that blends Indian roots with global trends.
Gajra Gang is one of the top online fashion brands in India. It caters to the growing demand for fusion wear that combines traditional Indian elements with modern silhouettes and designs. This appeals to the younger generation seeking a blend of cultural roots and contemporary fashions.
Madame was one of the first Indian brands to offer Western-style women's clothing. Its pioneering spirit and focus on quality helped establish Madame as a widely recognized brand in India, earning it a spot in our top ten fashion brands in India.
In addition to the above, several other brands contribute significantly to India's fashion landscape. We don't have the space to go into too much detail. Still, for context, we'll list below some of the top fashion accessories brands in India and top fashion jewelry brands in India.
