INDIAN TEXTILE INDUSTRY GROUP MEMBERS – ANUJ DIWAKAR NIKITA SANGAL RISHIBHA RAI PRACHI AGARWAL GAGANDEEP SINGH ISHAN NAGPAL
TEXTILE INDUSTRYContribution of T&C industry toIndia’s GDP 4% Contribution of T&C industry to India’s 14%Industrial ProductionContribution of T&C industry to 12%export earnings
Indian textile industry can be divided into several segments, some of which can be listed as below:• Cotton Textiles• Silk Textiles• Woolen Textiles• Readymade Garments• Hand-crafted Textiles• Jute and Coir
Second largest provider of employment after agriculture. Cotton textiles has registered a growth of 8.2% during April-September 2010-11, while wool, silk and man-made fibre textiles have registered a growth of 2.2 % while textile products including wearing apparel have registered a growth of 3 %. India has the potential to increase its textile and apparel share in the world trade from the current level of 4.5% to 8 % and reach US$ 80 billion by 2020.
MARKET SIZE The Vision Statement for the textiles industry for the 11th Five Year Plan (2007-12) sees India securing a 7% share in the global textiles trade by 2012. Currently, the Indian textiles industry is valued at US$ 55 billion, 64 % of which caters to domestic demand. Total textile exports during April-March 2010- 11 stood at US$ 12.5 billion.
REGION WISE EXPORTS (COMPARISON)Others Exports ( share %) 2010-11 EXPORTS (Share %) 2009-10 1% Asia Others 18% 1% Asia Africa 18% America America Africa 2% 29% 30% 2% EuropeEurope 50% 49% EXPORTS (US$ MILLION) 2008-09 others 1% Asia 15% America Africa 33% 2% Source : Ministry of Europe 49% Commerce
FOREIGN TRADE POLICY (2009-2014) Duty free import of specified trimmings, embellishment etc shall be available @ 3% on exports of polyester made-ups in line with the facility available to sectors like textiles & leather. It will promote export of products such as micro cloth, which has become popular in home textiles. Readymade Garment sector granted enhanced support under MLFPS for a period of further 6 months from October, 2010 to March, 2011 for exports to
MAJOR PLAYERS IN TEXTILEINDUSTRY Welspun India ltd. Vardhaman Group Alok Industries ltd. Raymond Industries Arvind Mills Limited Bombay Dyeing Garden Silk Mills ITC Lifestyle
EXPORT PROMOTIONCOUNCILS organize textiles and garments fairs organize mega-shows, fashion fairs, buyer-seller meets (BSMs) in potential markets sponsor trade delegations for consolidating the existing markets and exploring new markets 11 textiles exports promotion councils
EXPORT PROMOTION COUNCILThe export promotion councils provide assistance to their members inthe following areas:-i) Issuance of Certificate of Origin;ii) Benefits under Market Development Assistance/Market AccessInitiative Scheme;iii) Overseas participation in international fair/buyer seller meets etc;iv) Attending to problems relating to customs;v) Collection of cost data for duty drawback;vi) Providing training facilities to augment skilled manpower at the shopfloor level;vii) Providing a channel of coordination between the Industry and theGovernment.
FDI India has most liberal and transparent policies in Foreign Direct Investment (FDI) amongst emerging countries. Ministry of Textiles has set up FDI Cell to attract FDI in the textile sector in the country. Foreign investment and collaboration in India’s textile and apparel industry has increased significantly in recent years.
MAJOR FOREIGNCOLLABORATIONS ANDBRANDS IN INDIA Arvind Brands Raymond Vardhman Group Levi Strauss Jockey Benetton Bhilwara Melba De Witte Gokaldas Intimatewear Welspun Zucchi Textiles Marzotto Esprit Armani
TRENDS IN DOMESTIC MARKET Domestic Apparel market growing at 10% p.a. Urban Consumers increasingly seeking branded and lifestyle products. Semi-urban and rural Indian markets are growing faster than expected. Helpful demographic profile and increase in working female population
FACTS AND FIGURES Current share in world export of textiles – 3.5 - 4 %. Current share in world clothing export – 3 %. Largest export segment – Readymade Garments. The apparel sector supports 7 million people as a part of its workforce.
QUALITY STANDARDS IN TERMSOF APPAREL EXPORTPROMOTION COUNCIL Documenting and maintaining the Quality System as per the criteria stipulated in the International Standard ISO/IEC 17025:2005 and ensuring confidentiality of test / calibration results. Dimensional Stability Tests Color Fastness Tests Zipper Tests Button Tests Flame & Heat Protective Tests
OPPORTUNITIES Integration of information technology. Emerging retail industry and malls. Increased disposable income.
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