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Tracksuits are generally worn by sportsmen and sportswomen. It is also used by people during their morning and evening walks while participating in sporting activities like marathons and local matches or indoor games by men, women, and children. It is also used as casual wear these days. Good quality tracksuit manufacturing unit from cotton or nylon fabric. The tracksuit is a two-piece garment – the top is a shirt with a zip in front and the trouser that has an elastic belt at the waist.
Manufacturing tracksuits require the unit to install the proper machinery for cutting and sewing the apparel. It also requires the ordering of superior quality raw material from the market.
With the growing participation of Indian youth in international and national level sporting events and their encouraging performance be it Olympics or the Commonwealth Games, there is definitely more requirement of good quality tracksuits in the Indian market. India’s urban population has more spending capacity now than ever before and they are also well-informed of the significance of physical exercises and sporting activities. There is also good potential for exporting suits to the international market.
The total revenue in the Sports and Swimwear segment in India currently stands at $ 3393 million as against the United States of $ 12881 million. The Indian market pertaining to this segment is expected to grow annually at CAGR 11% from 2018 till 2021.
Another important statics here is that the market volume in this particular segment is forecasted to touch 1118.21 million pieces by 2021 in India.
As per the above figures and backed by good marketing strategies, tracksuit manufacturing is a viable option for the entrepreneur as growth and gain are certain for such start-ups.
Also, Read: How to Start PVC Pipe Manufacturing Business in India.
Also in case, the manufacturing unit is employing staff to perform various tasks, they need to apply for the:-
Recommended Post: Kids Garment Manufacturing Business in India.
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