The Wazir Textile & Apparel Index (WTAI) is a quarterly intelligence report designed to track the financial health and competitive performance of India’s textile and apparel industry. By benchmarking leading listed companies through the Wazir Textile Index (WTI) and Wazir Apparel Index (WAI), the report provides actionable insights into sales growth, profitability, cost structures, trade performance and evolving market conditions. It serves as a decision-support tool for manufacturers, exporters, investors, brands and industry stakeholders.
This is a subscriber-exclusive report series. Subscribe to Wazir’s Intelligence Package to access the full quarterly edition with company-level financial analysis, IIP and WPI trends, and export-import data.
Key highlights from the reports:
Edition 1: Q1 FY27 | Aug 2026
- Textile sector consolidated sales grew 4.3% in Q1 FY27 vs. Q1 FY26, rising from Rs. 13,771 Cr to Rs. 14,364 Cr. Average EBITDA margin expanded by 2 percentage points to 13%, marking a clear margin inflection for the upstream segment.
- Apparel sector consolidated sales grew 14% in Q1 FY27 vs. Q1 FY26, rising from Rs. 5,351 Cr to Rs. 6,118 Cr. EBITDA margin improved by 1 percentage point to 7%, as Free Trade Agreement (FTA) driven order momentum offset cost pressures.
- Across 322 listed T&A companies, consolidated sales rose 19% in Q1 FY27 to Rs. 53,310 Cr vs. Rs. 44,807 Cr in Q1 FY26. Sector-wide EBITDA margin expanded by 3 percentage points to 10%.
- India’s overall T&A exports declined 3% in Q1 FY27 to US$ 8,899 Mn, with apparel down 12% to US$ 3,680 Mn and yarn up 15% to US$ 1,145 Mn. The USA retained the top export position with a 29% value share.
- India’s T&A imports rose 13% in Q1 FY27 to US$ 2,711 Mn, with fibre up 48% and filament up 31%. China’s import share increased to 42%, reflecting continued raw material sourcing pressure.
Edition 2: H1 FY27 | Dec 2026 (Upcoming)
Edition 3: 9M FY27 | Feb 2027 (Upcoming)
Edition 4: FY27 | June 2027 (Upcoming)
Download the sample report by filling out the adjacent form. The full report includes company-level financial performance for top WTI and WAI players, IIP and WPI trend analysis, and detailed US and EU import data across key supplier countries.
