The Indian textiles industry, currently estimated at around $108 bn, is expected to reach $223 bn by 2021. The Indian textile industry contributes approximately 5 percent to India’s Gross Domestic Product (GDP) and 14 percent to the overall Index of Industrial Production (IIP). Further, the organized apparel segment is expected to grow at a Compound Annual Growth Rate (CAGR) of more than 13 percent over a 10-year period. With the introduction of Government investment schemes (TCIDS and APES), $140 bn of foreign investments are expected.