Key facts
- India's textile and apparel sector contributed USD 37.7 billion to merchandise exports in 2024-25.
- The Indian textile market is projected to reach $213.51 billion by 2033.
- Syndicate Finance provided a ₹75 Crore secured debt facility to Clever Hunt Private Limited.
- The facility supports Clever Hunt's confirmed export orders exceeding USD 45 Million.
- Funding will cover procurement, manufacturing, inventory, logistics, and operational modernization for Clever Hunt.
India's textile and apparel sector is experiencing significant growth, contributing substantially to the country's merchandise exports and holding a considerable share of the domestic market. The sector is projected to expand further, driven by global demand for supply chain diversification and government support. However, manufacturers often face liquidity challenges in bridging the gap between securing export orders and managing production and delivery cycles.
To address this, Mumbai-based Syndicate Finance has provided a ₹75 Crore secured debt facility to Clever Hunt Private Limited, a Chennai-based exporter of premium men's garments. This financing is specifically structured to support confirmed export orders exceeding USD 45 Million, destined for North American and European markets. The facility will cover essential operational costs including procurement, manufacturing, inventory management, packaging, logistics, and shipment.
Beyond immediate order execution, the capital will also support Clever Hunt's manufacturing ecosystem expansion across key clusters and fund operational modernization to meet the evolving demands of international buyers. This transaction underscores the critical role of structured finance in enabling Indian textile manufacturers to capitalize on global opportunities and achieve sustained commercial success.