India’s denim industry to cross ₹54,000 crore in 5 yrs
The ₹30,000-crore Indian denim industry, which has been growing 15% annually for the last five years, is expected to be worth ₹54,600 crore by 2023, officials said. With the GDP growing at 7.4%, India continues to be one of the largest producers of denim in the world, they added. Notably, the 'denim revolution' had started in India in the 1980-90s. 