SlideShare a Scribd company logo
1 of 2
Download to read offline
A L
- MittalPatel,Director,ABCCorporation,Ahmedabad
"lndustryneedsanoverhauling"
rFhe Year2013was of mixed type for Indian textile
I inarrr,ty. on the onehand the mill sector(spinning/
weaving) nia a gooayear,the decentraliibd powerloom
weaving sectorhad one or the other hiccupslike power
cuts,high tariff in power, Iabour strikes' somestate
policieslike LBTin Maharashtra,etc'
Textileis the highest employment providing industry
in India besidesagriculture, soit will alwaysremain a
satisfactorygrowing industry' Also good monsoonseason
last year will help it to sustainmomentum till next season'
the industry, paiticularly weaving, needsan overhauling as
it is behavinglike an old car askingfor replacement
immediately.We areat least 15yearsbehind Chinain
terms of technologyandmaybe5 yearsfrom evenpoor
countrieslike Bangladeshand Pakistan'This gap needsto
be fulfilled by hitech machinesin weaving industry and
getting goodexportsorderfrom west only on basisof
iuafiti a'nanot somelucrative government scheme/policy'
Thewishlist is endlessasIndianswe arealways
demandingeverything from government and nevertry to
fut in tt aiextra efforts like the Chineseor Japanese'The
'Government
should only try to curb corruption (in schemes
like TUFSandother subsidies),bring down import duties
for machinery not affecting Indian manufacturers'conduct
moreseminais/exhibitionsat subsidisedratesin China/
USA/Europeto showcasetalents and skills of Indian
manufacturers.
f,i'ttl
=
g
SunilKumarSharma,DGM,LoknayakJPNSSSGLtd'
Nandurbar,Maharashtra.
which insPires
cotton growersto sowingmorecotton' CottonSeed
developingcompaniesarealsoworking very hard to
develophigh yield cotton seedto obtain higher cotton
produclion per hectare'Henceit seemsthat there is
significant scopefor increasingthe cotton balesproduction
MittalPatel,Director,ABCCorporation,Ahmedabad'
,,RecgveryindevelopednationsprovidesOpp0rtunity"
_sunilKumarsharma,DGM,LoknayakJpNsssGLtd,Nandurbar,Maharashtra
 Zear 2013was the recoveryyear for Indian textile
I irrdrrr,ry after sluggishfinancial years2011& 2012'
Thetime was greatly supportedby worldwide lower cotton
prices,lower raw material price volatility' highest cotton
crop production in 2012and good export demandsin yarn
f,r.it"a by Chinamarket with a strong dollar pricing'
The country crossedthe export targets significantly
alongwith great suPportfrom domesticmarket' which
netpla Indiin textile industry recoverfrom the nightmare
of year2011 when its backboneof industrywas almost
crackeddueto very high fluctuation in cotton pricing'
Theyear 2013is not only important for financial
,".ou.ry but it will alsorememberfor it's greatheritage
u, ,o*" of most popular textile policiesdeclaredby the
various state governmentsof Maharashtra'Gularat'
MadhyaPradesh,Karnataka& Rajasthanand RR-TUFS
schemeby Govt of India to motivate the investment in
textile sector.Hencenow it is the time for a good
valediction of year 201'3for a better future of textile
industrY.
Indian textile industry is looking hopefully for coming
year 2o74,with a strong back support of last fiscalyear'
india is secondlargestcotton producing counffy and also
secondlargest
yarn producing
country in the
world. Our cotton
balesProduction
significantlY
increasedin last
few years,
however we still
arebehind in
cottonYieldPer
hectare.In Iast
few yearscotton
crophasbecome
a profitable
agriculture
commoditY,
32 The lndianTextileJournal I Januaryt2014
in country.If presenttrend is sustainedsoonIndia will
producemore than 400 lakh balesper year.At the back of
good monsoon all over country,now cotton production is
expectedaround382lakh bales(ie,eachbaleof170 kg)for
year2013-14.Lookingto the continuouseffortsin field of
cotton growing and increaseiD.cottonproduction, India
hasgreatpotential to becometop most cotton fibre
producing country in world.
Now have a look at the world top most cotton
production country,China,which is suffering with their
hugecarryforward stock,ie,Endingstockofyear 2ol2-73
is 10440thousand metric tons and Chinais expectedto
have an ending stockof 12520thousand metric tons in
year 2O73-74.While cotton balesconsumption of Chinais
reducedby approximately5 per centin year2012-13as
comparedto previousyear.
This huge carryforward cotton stockhasput huge
pressureon Chinesegovernment,forcing it to discourage
the cotton balesimport. Not only carryforward stockof
Chinaincreasesbut world cotton stockis alsoreachingan
all-time high level (ie,Projectedworld cotton stockfor year
201,3-74is 1.8.27million metric tons which is almost 20 per
cent higher ascomparedto last year)and world ending
cotton stockfor 2074is againprojected as20.3million
metric tons.
Highest cotton balesproduction & stockwill lead to
Iessups & dovrmsin cotton pricing and will definitely
support spinning industry for easy& better quality product
availability at throughout the year.Mostly in Gujarat,
Maharashtra& MPmany ginning factoriesaregoing to
take further expansionin spinning sectorsto get the
maximum benefit of new textile policy and value addition.
Therevisedrestructuretechnology fund scheme
(RR-TUFS)by government of India will alsoboost new
investment in textile sector.Henceit is expectedto
increasethe spindleagecapacityin coming year.
In year 2013our yarn export achieveda new height
with the support of European& Chinesemarket demand.
Labourcostin Chinais continuously increasingand
spinning sectorin Chinais alsosuffering for labour shor-
tage which is badly affecting the spinning productivity.
India hasgreat opPortunity to fill this vacuum by increa-
sing yarn export. overall it seemsthat year 2014will be
a recordproduction year for raw cotton and cotton yarn
aswell asman-madefibre yarn production too.
Most of the factors seemto be suitablefor spinning
industries like lessvolatility in cotton pricing, availability
ofgood quality cotton, expectedgood export demandfrom
China,Bangladeshand Europeancountries,hencewe
expectthat Indian spinning industries will be in full
swing in year 2074.
In clothing and readymadegarment sectorIndia is
facing very strong competition from their neighbouring
countries like Sri Lanka,Bangladeshand Chinaand it will
be continue in year 2014.However economyrecoveryin
most of the developedcountrieswill provide better
opportunity to Indian clothing & garments industry to
expandtheir scope.
In totality we arevery hopeful for New Year20t4, a
great opportunity is looking aheadfor Indian textile
industry where the country may achieveleadership
position in textile world. After agriculture textile is second
largestindustry in India and hencethe expectedgrowth in
throughout textile supply chainwill alsoenergisethe
country's GDPand employment position.
Expectedexport growth of textile products in coming
year will increasethe foreign currencyflow in country
which will alsostrengthen the Indian currency.
"ltstimetolookbeyondcommoditytextiles"
- ArnabSen,AsstProfessolNIFT,Bhopal
Th.
stability and sustainedgrowth
I of the Indiantextile industry in 2013,
amidst the economiccrisisthat the world
hasbeenfacing especiallyin the manu-
facturing sector,revealedthat the industry
hasgainedthe strength and maturity over
the yearsto withstand the fluctuations in
global trade to any extent.
In order to manifest this stability in a
wider perspective,it is time for the textile
industry oflndia to look beyond
commodity textiles, limited to wears and
furnishings, towards technical textiles.
ArnabSen,AsstPtofessor,NlFl
Bhopal.
Therelies an unending scopeof growth in
this sector,the demandbeing on a constant
rise in the areasof medical,geo-and archi-
tectural textiles, generatedchiefly out ofthe
extensiveneedfor biodegradablematerials.
The faster the underlying potential is
exploited,the more gainful the Indian textile
industry canbe!
The focus in2Q74thus needsto be a boost
in concertedefforts from the industry and the
R&Dcentrestowards developmentof newer
biodegradablefibres ofnatural origin and
their conversioninto technicaltextiles.
34 The fndianTextileJournal I January2014

More Related Content

What's hot

Indian Textile & Clothing Industry
Indian Textile & Clothing IndustryIndian Textile & Clothing Industry
Indian Textile & Clothing IndustryApparel Resources
 
Growth Prospects Of Indian Textile Industry – Home Textile Focus Textile Comm...
Growth Prospects Of Indian Textile Industry – Home Textile Focus Textile Comm...Growth Prospects Of Indian Textile Industry – Home Textile Focus Textile Comm...
Growth Prospects Of Indian Textile Industry – Home Textile Focus Textile Comm...FNian
 
Bright future for indian textile industries by nimish pant
Bright future for indian textile industries by nimish pantBright future for indian textile industries by nimish pant
Bright future for indian textile industries by nimish pantnnimishh
 
Indian textile industry
Indian textile industryIndian textile industry
Indian textile industryAdane Nega
 
Lecture 1 indian textile industry
Lecture 1 indian textile industryLecture 1 indian textile industry
Lecture 1 indian textile industryAdane Nega
 
Garment industry
Garment industryGarment industry
Garment industryPoulomi Sen
 
Made in india textile and garments industry
Made in india textile and garments industryMade in india textile and garments industry
Made in india textile and garments industryanooppainuly
 
April Croatia Aepc
April Croatia AepcApril Croatia Aepc
April Croatia AepcFNian
 
Textile industry ppt strategic management
Textile industry ppt strategic managementTextile industry ppt strategic management
Textile industry ppt strategic managementPrasanth Sai
 
GLOBAL TEXTILES AND CLOTHING INDUSTRY by Hiresh Ahluwalia
GLOBAL TEXTILES AND CLOTHING INDUSTRY by Hiresh AhluwaliaGLOBAL TEXTILES AND CLOTHING INDUSTRY by Hiresh Ahluwalia
GLOBAL TEXTILES AND CLOTHING INDUSTRY by Hiresh Ahluwalia333jack333
 

What's hot (20)

Indian Textile & Clothing Industry
Indian Textile & Clothing IndustryIndian Textile & Clothing Industry
Indian Textile & Clothing Industry
 
Textiles and Apparel Sector Report - april 2019
Textiles and Apparel Sector Report - april 2019Textiles and Apparel Sector Report - april 2019
Textiles and Apparel Sector Report - april 2019
 
Growth Prospects Of Indian Textile Industry – Home Textile Focus Textile Comm...
Growth Prospects Of Indian Textile Industry – Home Textile Focus Textile Comm...Growth Prospects Of Indian Textile Industry – Home Textile Focus Textile Comm...
Growth Prospects Of Indian Textile Industry – Home Textile Focus Textile Comm...
 
Textile industry in india
Textile   industry   in   indiaTextile   industry   in   india
Textile industry in india
 
Bright future for indian textile industries by nimish pant
Bright future for indian textile industries by nimish pantBright future for indian textile industries by nimish pant
Bright future for indian textile industries by nimish pant
 
Indian textile industry
Indian textile industryIndian textile industry
Indian textile industry
 
Textiles and Apparel Sector Report - January 2019
Textiles and Apparel Sector Report - January 2019Textiles and Apparel Sector Report - January 2019
Textiles and Apparel Sector Report - January 2019
 
Lecture 1 indian textile industry
Lecture 1 indian textile industryLecture 1 indian textile industry
Lecture 1 indian textile industry
 
Garment industry
Garment industryGarment industry
Garment industry
 
Made in india textile and garments industry
Made in india textile and garments industryMade in india textile and garments industry
Made in india textile and garments industry
 
Textiles and Apparel Sector Report - November 2018
Textiles and Apparel Sector Report - November 2018Textiles and Apparel Sector Report - November 2018
Textiles and Apparel Sector Report - November 2018
 
Textiles and Apparel Sector Report - June 2018
Textiles and Apparel Sector Report - June 2018Textiles and Apparel Sector Report - June 2018
Textiles and Apparel Sector Report - June 2018
 
Textiles and Apparel Sector Report August 2018
Textiles and Apparel Sector Report August 2018Textiles and Apparel Sector Report August 2018
Textiles and Apparel Sector Report August 2018
 
April Croatia Aepc
April Croatia AepcApril Croatia Aepc
April Croatia Aepc
 
Textiles and Apparel Sector Report September 2017
Textiles and Apparel Sector Report September 2017Textiles and Apparel Sector Report September 2017
Textiles and Apparel Sector Report September 2017
 
Textile industry ppt strategic management
Textile industry ppt strategic managementTextile industry ppt strategic management
Textile industry ppt strategic management
 
Textiles and Apparel Sector Report - December 2018
Textiles and Apparel Sector Report - December 2018Textiles and Apparel Sector Report - December 2018
Textiles and Apparel Sector Report - December 2018
 
Textiles and Apparel Sector Report April 2017
Textiles and Apparel Sector Report April 2017 Textiles and Apparel Sector Report April 2017
Textiles and Apparel Sector Report April 2017
 
Textiles and Apparel Sector Report January 2018
Textiles and Apparel Sector Report January 2018Textiles and Apparel Sector Report January 2018
Textiles and Apparel Sector Report January 2018
 
GLOBAL TEXTILES AND CLOTHING INDUSTRY by Hiresh Ahluwalia
GLOBAL TEXTILES AND CLOTHING INDUSTRY by Hiresh AhluwaliaGLOBAL TEXTILES AND CLOTHING INDUSTRY by Hiresh Ahluwalia
GLOBAL TEXTILES AND CLOTHING INDUSTRY by Hiresh Ahluwalia
 

Viewers also liked

Electronic Yarn Clearers – A Systematic Approach
Electronic Yarn Clearers – A Systematic ApproachElectronic Yarn Clearers – A Systematic Approach
Electronic Yarn Clearers – A Systematic ApproachSunil Kumar Sharma
 
Cotton Yarn Quality Depends on Mixing Strategy
Cotton Yarn Quality Depends on Mixing StrategyCotton Yarn Quality Depends on Mixing Strategy
Cotton Yarn Quality Depends on Mixing StrategySunil Kumar Sharma
 
Comparison between capacitive and photoelectric yarn measuring heads
Comparison between capacitive and photoelectric yarn measuring headsComparison between capacitive and photoelectric yarn measuring heads
Comparison between capacitive and photoelectric yarn measuring headsSohail AD
 
Spinning With Technical Acess
Spinning With Technical AcessSpinning With Technical Acess
Spinning With Technical Acesseshan bansal
 

Viewers also liked (6)

Electronic Yarn Clearers – A Systematic Approach
Electronic Yarn Clearers – A Systematic ApproachElectronic Yarn Clearers – A Systematic Approach
Electronic Yarn Clearers – A Systematic Approach
 
Cotton Yarn Quality Depends on Mixing Strategy
Cotton Yarn Quality Depends on Mixing StrategyCotton Yarn Quality Depends on Mixing Strategy
Cotton Yarn Quality Depends on Mixing Strategy
 
Comparison between capacitive and photoelectric yarn measuring heads
Comparison between capacitive and photoelectric yarn measuring headsComparison between capacitive and photoelectric yarn measuring heads
Comparison between capacitive and photoelectric yarn measuring heads
 
Spinning Waste & Cost Control
Spinning Waste & Cost ControlSpinning Waste & Cost Control
Spinning Waste & Cost Control
 
Yarn Hairiness
Yarn HairinessYarn Hairiness
Yarn Hairiness
 
Spinning With Technical Acess
Spinning With Technical AcessSpinning With Technical Acess
Spinning With Technical Acess
 

Similar to Outlook 2014.PDF

1691985201_Textiles_and_Apparel_May_2023.pdf
1691985201_Textiles_and_Apparel_May_2023.pdf1691985201_Textiles_and_Apparel_May_2023.pdf
1691985201_Textiles_and_Apparel_May_2023.pdfSanketPingale12
 
Textiles and-apparel-mar-2019
Textiles and-apparel-mar-2019Textiles and-apparel-mar-2019
Textiles and-apparel-mar-2019Abhishek singh
 
Sree minaksisundaram textiles
Sree minaksisundaram textilesSree minaksisundaram textiles
Sree minaksisundaram textilesjagadeesha gowda
 
Indian Textile Industry
Indian Textile Industry Indian Textile Industry
Indian Textile Industry Subhash Gupta
 
John players final project
John players final projectJohn players final project
John players final projectDeepanshu Bhatia
 
John players final project
John players final projectJohn players final project
John players final projectDeepanshu Bhatia
 
Overview of Pakistan textile industry
Overview of Pakistan textile industryOverview of Pakistan textile industry
Overview of Pakistan textile industryAli Shah
 
A study on ‘Performance Evaluation of Select Textile Companies An Empirical A...
A study on ‘Performance Evaluation of Select Textile Companies An Empirical A...A study on ‘Performance Evaluation of Select Textile Companies An Empirical A...
A study on ‘Performance Evaluation of Select Textile Companies An Empirical A...IOSRJBM
 
Cotton Textile Indusrty.pptx
Cotton Textile Indusrty.pptxCotton Textile Indusrty.pptx
Cotton Textile Indusrty.pptxDeshik5
 
Future Opportunities of Weaving & Knitting Sectors in Bangladesh
Future Opportunities of Weaving & Knitting Sectors in BangladeshFuture Opportunities of Weaving & Knitting Sectors in Bangladesh
Future Opportunities of Weaving & Knitting Sectors in BangladeshMd Rakibul Hassan
 
Rupee Depreciation and Textile Industry
Rupee Depreciation and Textile IndustryRupee Depreciation and Textile Industry
Rupee Depreciation and Textile IndustryPushkar Choudhary
 
Kitex organisational study
Kitex organisational studyKitex organisational study
Kitex organisational studyArun Vayalippara
 

Similar to Outlook 2014.PDF (20)

1691985201_Textiles_and_Apparel_May_2023.pdf
1691985201_Textiles_and_Apparel_May_2023.pdf1691985201_Textiles_and_Apparel_May_2023.pdf
1691985201_Textiles_and_Apparel_May_2023.pdf
 
Textiles and-apparel-mar-2019
Textiles and-apparel-mar-2019Textiles and-apparel-mar-2019
Textiles and-apparel-mar-2019
 
Sree minaksisundaram textiles
Sree minaksisundaram textilesSree minaksisundaram textiles
Sree minaksisundaram textiles
 
Textiles and Apparel Sector report - February 2019
Textiles and Apparel Sector report - February 2019Textiles and Apparel Sector report - February 2019
Textiles and Apparel Sector report - February 2019
 
Indian Textile Industry
Indian Textile Industry Indian Textile Industry
Indian Textile Industry
 
John players final project
John players final projectJohn players final project
John players final project
 
John players final project
John players final projectJohn players final project
John players final project
 
Overview of Pakistan textile industry
Overview of Pakistan textile industryOverview of Pakistan textile industry
Overview of Pakistan textile industry
 
A study on ‘Performance Evaluation of Select Textile Companies An Empirical A...
A study on ‘Performance Evaluation of Select Textile Companies An Empirical A...A study on ‘Performance Evaluation of Select Textile Companies An Empirical A...
A study on ‘Performance Evaluation of Select Textile Companies An Empirical A...
 
Cotton Textile Indusrty.pptx
Cotton Textile Indusrty.pptxCotton Textile Indusrty.pptx
Cotton Textile Indusrty.pptx
 
VCOSA - VIETNAM COTTON - YARN MARKET REPORT - 03/2023 ISSUE
VCOSA - VIETNAM COTTON - YARN MARKET REPORT - 03/2023 ISSUEVCOSA - VIETNAM COTTON - YARN MARKET REPORT - 03/2023 ISSUE
VCOSA - VIETNAM COTTON - YARN MARKET REPORT - 03/2023 ISSUE
 
Textiles and Apparel Sector Report July 2017
Textiles and Apparel Sector Report July 2017Textiles and Apparel Sector Report July 2017
Textiles and Apparel Sector Report July 2017
 
Textiles Sector Report October 2017
Textiles Sector Report October 2017Textiles Sector Report October 2017
Textiles Sector Report October 2017
 
Future Opportunities of Weaving & Knitting Sectors in Bangladesh
Future Opportunities of Weaving & Knitting Sectors in BangladeshFuture Opportunities of Weaving & Knitting Sectors in Bangladesh
Future Opportunities of Weaving & Knitting Sectors in Bangladesh
 
Rupee Depreciation and Textile Industry
Rupee Depreciation and Textile IndustryRupee Depreciation and Textile Industry
Rupee Depreciation and Textile Industry
 
Textiles and Apparel Sector Report - September 2018
Textiles and Apparel Sector Report - September 2018Textiles and Apparel Sector Report - September 2018
Textiles and Apparel Sector Report - September 2018
 
Textiles and Apparel Sector Report November 2017
Textiles and Apparel Sector Report November 2017Textiles and Apparel Sector Report November 2017
Textiles and Apparel Sector Report November 2017
 
Textiles and Apparel Sector Report November 2017
Textiles and Apparel Sector Report November 2017Textiles and Apparel Sector Report November 2017
Textiles and Apparel Sector Report November 2017
 
Textiles and Apparel Sector Report November 2017
Textiles and Apparel Sector Report November 2017Textiles and Apparel Sector Report November 2017
Textiles and Apparel Sector Report November 2017
 
Kitex organisational study
Kitex organisational studyKitex organisational study
Kitex organisational study
 

More from Sunil Kumar Sharma

Talk with Sunil Kumar Sharma, Deputy General Manager, Loknayak JPNSSSG Ltd
Talk with Sunil Kumar Sharma, Deputy General Manager, Loknayak JPNSSSG LtdTalk with Sunil Kumar Sharma, Deputy General Manager, Loknayak JPNSSSG Ltd
Talk with Sunil Kumar Sharma, Deputy General Manager, Loknayak JPNSSSG LtdSunil Kumar Sharma
 
Combing Behaviors at Different Parameters
Combing Behaviors at Different ParametersCombing Behaviors at Different Parameters
Combing Behaviors at Different ParametersSunil Kumar Sharma
 
Spinning Rings & Ring Travellers
Spinning Rings & Ring TravellersSpinning Rings & Ring Travellers
Spinning Rings & Ring TravellersSunil Kumar Sharma
 
Contamination Controlled Cotton & Yarn
Contamination Controlled Cotton & YarnContamination Controlled Cotton & Yarn
Contamination Controlled Cotton & YarnSunil Kumar Sharma
 
On Line Quality Monitoring.PDF
On Line Quality Monitoring.PDFOn Line Quality Monitoring.PDF
On Line Quality Monitoring.PDFSunil Kumar Sharma
 

More from Sunil Kumar Sharma (8)

Talk with Sunil Kumar Sharma, Deputy General Manager, Loknayak JPNSSSG Ltd
Talk with Sunil Kumar Sharma, Deputy General Manager, Loknayak JPNSSSG LtdTalk with Sunil Kumar Sharma, Deputy General Manager, Loknayak JPNSSSG Ltd
Talk with Sunil Kumar Sharma, Deputy General Manager, Loknayak JPNSSSG Ltd
 
Combing Behaviors at Different Parameters
Combing Behaviors at Different ParametersCombing Behaviors at Different Parameters
Combing Behaviors at Different Parameters
 
Spinning Rings & Ring Travellers
Spinning Rings & Ring TravellersSpinning Rings & Ring Travellers
Spinning Rings & Ring Travellers
 
Dealing with Outliers
Dealing with OutliersDealing with Outliers
Dealing with Outliers
 
Spg Textiles_Jan_Feb.2015.PDF
Spg Textiles_Jan_Feb.2015.PDFSpg Textiles_Jan_Feb.2015.PDF
Spg Textiles_Jan_Feb.2015.PDF
 
Contamination Controlled Cotton & Yarn
Contamination Controlled Cotton & YarnContamination Controlled Cotton & Yarn
Contamination Controlled Cotton & Yarn
 
Yarn Realization
Yarn RealizationYarn Realization
Yarn Realization
 
On Line Quality Monitoring.PDF
On Line Quality Monitoring.PDFOn Line Quality Monitoring.PDF
On Line Quality Monitoring.PDF
 

Outlook 2014.PDF

  • 1. A L - MittalPatel,Director,ABCCorporation,Ahmedabad "lndustryneedsanoverhauling" rFhe Year2013was of mixed type for Indian textile I inarrr,ty. on the onehand the mill sector(spinning/ weaving) nia a gooayear,the decentraliibd powerloom weaving sectorhad one or the other hiccupslike power cuts,high tariff in power, Iabour strikes' somestate policieslike LBTin Maharashtra,etc' Textileis the highest employment providing industry in India besidesagriculture, soit will alwaysremain a satisfactorygrowing industry' Also good monsoonseason last year will help it to sustainmomentum till next season' the industry, paiticularly weaving, needsan overhauling as it is behavinglike an old car askingfor replacement immediately.We areat least 15yearsbehind Chinain terms of technologyandmaybe5 yearsfrom evenpoor countrieslike Bangladeshand Pakistan'This gap needsto be fulfilled by hitech machinesin weaving industry and getting goodexportsorderfrom west only on basisof iuafiti a'nanot somelucrative government scheme/policy' Thewishlist is endlessasIndianswe arealways demandingeverything from government and nevertry to fut in tt aiextra efforts like the Chineseor Japanese'The 'Government should only try to curb corruption (in schemes like TUFSandother subsidies),bring down import duties for machinery not affecting Indian manufacturers'conduct moreseminais/exhibitionsat subsidisedratesin China/ USA/Europeto showcasetalents and skills of Indian manufacturers. f,i'ttl = g SunilKumarSharma,DGM,LoknayakJPNSSSGLtd' Nandurbar,Maharashtra. which insPires cotton growersto sowingmorecotton' CottonSeed developingcompaniesarealsoworking very hard to develophigh yield cotton seedto obtain higher cotton produclion per hectare'Henceit seemsthat there is significant scopefor increasingthe cotton balesproduction MittalPatel,Director,ABCCorporation,Ahmedabad' ,,RecgveryindevelopednationsprovidesOpp0rtunity" _sunilKumarsharma,DGM,LoknayakJpNsssGLtd,Nandurbar,Maharashtra Zear 2013was the recoveryyear for Indian textile I irrdrrr,ry after sluggishfinancial years2011& 2012' Thetime was greatly supportedby worldwide lower cotton prices,lower raw material price volatility' highest cotton crop production in 2012and good export demandsin yarn f,r.it"a by Chinamarket with a strong dollar pricing' The country crossedthe export targets significantly alongwith great suPportfrom domesticmarket' which netpla Indiin textile industry recoverfrom the nightmare of year2011 when its backboneof industrywas almost crackeddueto very high fluctuation in cotton pricing' Theyear 2013is not only important for financial ,".ou.ry but it will alsorememberfor it's greatheritage u, ,o*" of most popular textile policiesdeclaredby the various state governmentsof Maharashtra'Gularat' MadhyaPradesh,Karnataka& Rajasthanand RR-TUFS schemeby Govt of India to motivate the investment in textile sector.Hencenow it is the time for a good valediction of year 201'3for a better future of textile industrY. Indian textile industry is looking hopefully for coming year 2o74,with a strong back support of last fiscalyear' india is secondlargestcotton producing counffy and also secondlargest yarn producing country in the world. Our cotton balesProduction significantlY increasedin last few years, however we still arebehind in cottonYieldPer hectare.In Iast few yearscotton crophasbecome a profitable agriculture commoditY, 32 The lndianTextileJournal I Januaryt2014
  • 2. in country.If presenttrend is sustainedsoonIndia will producemore than 400 lakh balesper year.At the back of good monsoon all over country,now cotton production is expectedaround382lakh bales(ie,eachbaleof170 kg)for year2013-14.Lookingto the continuouseffortsin field of cotton growing and increaseiD.cottonproduction, India hasgreatpotential to becometop most cotton fibre producing country in world. Now have a look at the world top most cotton production country,China,which is suffering with their hugecarryforward stock,ie,Endingstockofyear 2ol2-73 is 10440thousand metric tons and Chinais expectedto have an ending stockof 12520thousand metric tons in year 2O73-74.While cotton balesconsumption of Chinais reducedby approximately5 per centin year2012-13as comparedto previousyear. This huge carryforward cotton stockhasput huge pressureon Chinesegovernment,forcing it to discourage the cotton balesimport. Not only carryforward stockof Chinaincreasesbut world cotton stockis alsoreachingan all-time high level (ie,Projectedworld cotton stockfor year 201,3-74is 1.8.27million metric tons which is almost 20 per cent higher ascomparedto last year)and world ending cotton stockfor 2074is againprojected as20.3million metric tons. Highest cotton balesproduction & stockwill lead to Iessups & dovrmsin cotton pricing and will definitely support spinning industry for easy& better quality product availability at throughout the year.Mostly in Gujarat, Maharashtra& MPmany ginning factoriesaregoing to take further expansionin spinning sectorsto get the maximum benefit of new textile policy and value addition. Therevisedrestructuretechnology fund scheme (RR-TUFS)by government of India will alsoboost new investment in textile sector.Henceit is expectedto increasethe spindleagecapacityin coming year. In year 2013our yarn export achieveda new height with the support of European& Chinesemarket demand. Labourcostin Chinais continuously increasingand spinning sectorin Chinais alsosuffering for labour shor- tage which is badly affecting the spinning productivity. India hasgreat opPortunity to fill this vacuum by increa- sing yarn export. overall it seemsthat year 2014will be a recordproduction year for raw cotton and cotton yarn aswell asman-madefibre yarn production too. Most of the factors seemto be suitablefor spinning industries like lessvolatility in cotton pricing, availability ofgood quality cotton, expectedgood export demandfrom China,Bangladeshand Europeancountries,hencewe expectthat Indian spinning industries will be in full swing in year 2074. In clothing and readymadegarment sectorIndia is facing very strong competition from their neighbouring countries like Sri Lanka,Bangladeshand Chinaand it will be continue in year 2014.However economyrecoveryin most of the developedcountrieswill provide better opportunity to Indian clothing & garments industry to expandtheir scope. In totality we arevery hopeful for New Year20t4, a great opportunity is looking aheadfor Indian textile industry where the country may achieveleadership position in textile world. After agriculture textile is second largestindustry in India and hencethe expectedgrowth in throughout textile supply chainwill alsoenergisethe country's GDPand employment position. Expectedexport growth of textile products in coming year will increasethe foreign currencyflow in country which will alsostrengthen the Indian currency. "ltstimetolookbeyondcommoditytextiles" - ArnabSen,AsstProfessolNIFT,Bhopal Th. stability and sustainedgrowth I of the Indiantextile industry in 2013, amidst the economiccrisisthat the world hasbeenfacing especiallyin the manu- facturing sector,revealedthat the industry hasgainedthe strength and maturity over the yearsto withstand the fluctuations in global trade to any extent. In order to manifest this stability in a wider perspective,it is time for the textile industry oflndia to look beyond commodity textiles, limited to wears and furnishings, towards technical textiles. ArnabSen,AsstPtofessor,NlFl Bhopal. Therelies an unending scopeof growth in this sector,the demandbeing on a constant rise in the areasof medical,geo-and archi- tectural textiles, generatedchiefly out ofthe extensiveneedfor biodegradablematerials. The faster the underlying potential is exploited,the more gainful the Indian textile industry canbe! The focus in2Q74thus needsto be a boost in concertedefforts from the industry and the R&Dcentrestowards developmentof newer biodegradablefibres ofnatural origin and their conversioninto technicaltextiles. 34 The fndianTextileJournal I January2014