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July 3, 2026 8:31 pm

Why Has No Indian Sportswear Brand Crossed ₹500–600 Cr In 75 Years?

Why Has No Indian Sportswear Brand Crossed ₹500–600 Cr In 75 Years?

Why India Still Has No Global Sportswear Brand Like Anta or Nike

It’s a question that goes far beyond numbers — it reflects our missed opportunity to build global Indian champions.

What India Must Do to Create the Next Global Sportswear Champion
What India Must Do To Create The Next Global Sportswear Brand

India Has the Market—So What’s Missing?

With a population of over 1.4 billion, India is one of the world’s largest markets. We breathe cricket, live fitness, and are among the youngest populations on the planet. Yet, after 75 years of independence, no Indian sportswear brand has crossed even ₹600 crore, while global giants continue to dominate our shelves, screens, and sports fields.

How China’s Anta Built a $30 Billion Sportswear Empire

Meanwhile in China, Anta — once a small local brand — built an empire now worth over $30 billion, competing head-to-head with Nike and Adidas.

How did they do it? And why haven’t we?

Here are some uncomfortable truths:

  • We chased sales, not ecosystems. Anta built sports as a culture; we built it as a category.
  • They invested in R&D, design, and technology. We relied on contract
    manufacturing and distribution margins.
  • They scaled with strategy, not shortcuts. Anta acquired global know-how (Fila, Amer Sports) and built vertical depth — from performance to premium — creating a house of brands. Indian players stayed limited by short-term capital, license deals, and fragmented ambition.
  • They built emotional ownership. Anta made the Chinese consumer feel proud wearing local — merging performance with national identity. We, on the other hand, sold affordability over aspiration and never built that pride in “our own.”
  • They thought decades ahead. We thought this quarter.
    The Indian market is not short of consumers — it’s short of conviction.
    To build a brand that lasts, we must shift from trading products to building purpose.
    The next Anta can absolutely be born in India — but it won’t come from marketing muscle alone. It will come from:
  • Investing in innovation and athlete partnerships
  • Building a Made in India, Made for the World narrative
  • Thinking long-term, not just launch-term

The question is no longer whether it can happen.

The question is — who will have the vision, patience, and courage to do it?

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VKS
Author: VKS

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