Hosiery industry is an ancient industry in the field of textile industry having very good potential in domestic market and also in the export market. Ludhiana in the state of Punjab is one of the largest and oldest centres of Hosiery industry in India.
Lingerie has been an intimate part of a woman’s life since long. They are considered as an important garment among females for properly supporting and covering their sensitive body parts, it keeps them fit for daily general works. The market was highly fragmented and was dominated by local and unorganized brands.
Between 2000 and 2008, premium international brands started foraying into the Indian market. Indian brands showcased new designs and styles to woo the new age Indian women. The focus was mainly on the width of the product range. Men’s and women’s innerwear began to be sold through a variety of retail formats such as EBOs, LFS and departmental stores. India's lingerie market is currently valued at $3 billion. A mere 1% of it is online. In the next few years the market value is projected to jump to $5 billion. As a whole it is a good project for new entrepreneurs to invest.
Few Indian Major Players are as under
· Adidas India Pvt. Ltd
· Bhandari Apparels Ltd.
· Bodycare International Ltd.
· Lovable Lingerie Ltd.
· Nike India Pvt. Ltd.
· Puma Sports India Pvt. Ltd.
· Stallion Garments Export Ltd.
· Women'S Next Loungeries Ltd.