India’s growth of Industrial Index of Production (IIP) rebounded in September 2022 to 3.1 per cent. This could have been higher had the textile sector performed even at an average rate. However the textile and clothing sector (T&C) performed poorly on IIPs.

In September, the index declined 12 per cent for textile manufacturing and 21.7 per cent for apparel manufacturing. The index for manufacturing of textiles declined to 106.8 in September 2022 from 121.4 during the same period of last year. Manufacturing of weaving apparel went down from 158.7 to 124.7. The cumulative index for April 2022 to September 2022 fell 108.8 for manufacturing of textiles. The index was noted at 115.1 in April 2021 to September 2021.

The index of wearing apparel increased from 116.1 to 134.2 in April 2022 to September 2022. The IIP for September 2022 rose to 3.1 per cent from August’s contraction of 0.7 per cent. Growth in September 2021 was 4.4 per cent. For the April to September period, IIP grew by seven per cent compared with a 23.8 per cent rise in the previous year’s same period. The textile sector is facing a slowdown in India and the world at large due to economic adversities. Therefore, India’s domestic and export demand for apparel has declined.