India, Feb. 23 -- India's domestic textile and apparel market is estimated to be $180 billion and growing at 9-10%. India is the second largest producer of cotton globally (5 million metric tons) and has the second largest spinning capacity in the world (60 million-plus spindles). Yet, one might argue that India has not fully seized the opportunity. Despite employing over 45 million people and producing an estimated 22 billion garments annually, exports have remained broadly stagnant at around $37 billion for nearly a decade, even as competing sourcing hubs have steadily gained share. Why do we not hear about the Ludhiana or Tiruppur clusters in the same breath as we do about similar clusters in other categories where India is making some...