2. TEXTILE INDUSTRY
Contribution of T&C industry to
India’s GDP 4%
Contribution of T&C industry to India’s
Industrial Production
14%
Contribution of T&C industry to
export earnings
12%
3. 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
4. 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.
5. 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.
11. 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 27 EU countries.
13. MAJOR PLAYERS IN TEXTILE
INDUSTRY
Welspun India ltd.
Vardhaman Group
Alok Industries ltd.
Raymond Industries
Arvind Mills Limited
Bombay Dyeing
Garden Silk Mills
ITC Lifestyle
14. 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
15. 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.
16. OPPORTUNITIES
Integration of information technology.
Emerging retail industry and malls.
Increased disposable income.
17. Strengths
India’s strong base in raw-materials
Cotton dominates the industry
Nearly 56% of yarn produced is made of cotton
Country produces nearly 23 varieties of cotton
India is the second largest player in the world cotton
trade
18. India’s position is strong vis-à-vis other countries
in most raw materials
Largest producer of jute
Second largest producer of silk
Third largest producer of cotton, accounting for nearly
16% of global production
Third largest producer of cellulosic fibre/yarn
Fifth largest producer of synthetic fibres/yarn
Eleventh largest producer of wool
19. Low cost skilled labour
Presence across the value chain
Reduced lead time
Growing domestic market
21. Opportunities
New Product Development
Stress on product development
New specialized fabrics
Investing in design centers and sampling labs
Increased use of CAD to develop designing
capabilities
Investing in trend forecasting
22. Threats
Competition in domestic market
Ecological and social awareness
Regional alliances
China
23. Major Players of Indian Textile
Industry
Arvind Mills
Raymonds
Reliance Textiles
Vardhaman Spinning
Welspun India
24. Impact on Indian Textile
Industry
Decreasing demand in European and US
markets
Decreasing demand for retail garments
Mills in Rajasthan and Tamil Nadu
reduced shifts (resulting in job loss)
cut down capacity
25. India was losing out to countries like
Bangladesh, Vietnam and Cambodia
The chairman, Confederation of Indian Textile Industry
(CITI), R.K. Dalmiya
26. Conclusion
A huge window of opportunity has opened up
for the Indian Cotton industry which is fast
closing up. Various players need to get act
together. It’s now for players to make
investments in building the capacities and
making them integrated manufacturers. They
need to invest more in R&D. This is the only
way they can compete with the Chinese
dragon.