MBA (IRM) students Presentation on Industrial Sector Pakistan. Being students of a reputable institution "Hailey College of Banking & Finance Punjab University"" we are thankful to our Professor Farah Naz Naqvi who sparkled our presentation skills and taught us to visualize the practical picture of the Economy.
Faraz Ishaque
India is the world's second largest producer of textiles and garments. Abundant availability of raw materials such as cotton, wool, silk and jute and skilled workforce have made India a sourcing hub. The size of Indian textile and apparel market stood at US$ 89 billion in 2011 and is expected to touch US$ 221 billion by 2020.
The industry is set for strong growth, buoyed by both strong domestic consumption as well as export demand. The organised apparel segment is expected to grow at a CAGR of more than 13 per cent over a 10-year period creating enormous opportunities. Apparel constitute a large share in the overall sector, accounting for 69 per cent in 2012 while textile contributed 31 per cent to the total market share. The total exports of textile and apparel sector from India grew to US$ 33.3 billion in FY12 from US$ 17.6 billion in FY06, implying a compounded annual growth rate (CAGR) of 11.2 per cent. The exports are expected to increase further to US$ 82 billion by 2021.h rate (CAGR) of 11.2 per cent. The exports are expected to increase further to US$ 82 billion by 2021.
India's growing population has been a key driver of textile consumption growth in the country. Changing lifestyle, rising incomes and increasing demand for quality products are set to fuel demand for apparel.
The Government of India (GOI) is taking initiatives to attract foreign investments in the textile sector through promotional visits to countries such as Japan, Germany, Italy and France. The government has allowed 100 per cent foreign direct investment (FDI) in the sector through the automatic route. In the 12th Five Year Plan (2012-17), the government plans to spend US$ 9.1 billion on textiles as against US$ 4 billion in the 11th Plan.
Indian Textiles and garment Industry
Various information regarding policy sector and recent investments and tax policy.It includes info. about key players and industry export opportunities also Current budget 2017 as financial supports in this industry.
MBA (IRM) students Presentation on Industrial Sector Pakistan. Being students of a reputable institution "Hailey College of Banking & Finance Punjab University"" we are thankful to our Professor Farah Naz Naqvi who sparkled our presentation skills and taught us to visualize the practical picture of the Economy.
Faraz Ishaque
India is the world's second largest producer of textiles and garments. Abundant availability of raw materials such as cotton, wool, silk and jute and skilled workforce have made India a sourcing hub. The size of Indian textile and apparel market stood at US$ 89 billion in 2011 and is expected to touch US$ 221 billion by 2020.
The industry is set for strong growth, buoyed by both strong domestic consumption as well as export demand. The organised apparel segment is expected to grow at a CAGR of more than 13 per cent over a 10-year period creating enormous opportunities. Apparel constitute a large share in the overall sector, accounting for 69 per cent in 2012 while textile contributed 31 per cent to the total market share. The total exports of textile and apparel sector from India grew to US$ 33.3 billion in FY12 from US$ 17.6 billion in FY06, implying a compounded annual growth rate (CAGR) of 11.2 per cent. The exports are expected to increase further to US$ 82 billion by 2021.h rate (CAGR) of 11.2 per cent. The exports are expected to increase further to US$ 82 billion by 2021.
India's growing population has been a key driver of textile consumption growth in the country. Changing lifestyle, rising incomes and increasing demand for quality products are set to fuel demand for apparel.
The Government of India (GOI) is taking initiatives to attract foreign investments in the textile sector through promotional visits to countries such as Japan, Germany, Italy and France. The government has allowed 100 per cent foreign direct investment (FDI) in the sector through the automatic route. In the 12th Five Year Plan (2012-17), the government plans to spend US$ 9.1 billion on textiles as against US$ 4 billion in the 11th Plan.
Indian Textiles and garment Industry
Various information regarding policy sector and recent investments and tax policy.It includes info. about key players and industry export opportunities also Current budget 2017 as financial supports in this industry.
Textile Industry. Cotton Fabric Manufacturing Business. Business Opportunities in Clothing Industry
Textile is a flexible material formed using different processes, such as knitting, weaving, felting, or crocheting. These materials are used in the manufacturing of a wide range of conventional, as well as advanced finished goods, in kitchen, upholstery, bedding, transportation, construction, protective, handbags, medical, apparel, ties & clothing accessories.
India Textile Industry is one of the leading textile industries in the world. The Indian textiles industry, currently estimated at around US$ 150 billion, is expected to reach US$ 250 billion by 2019. Indiaโs textiles industry contributed seven per cent of the industry output (in value terms) of India in 2017-18.It contributed two per cent to the GDP of India and employs more than 45 million people in 2017-18.The sector contributed 15 per cent to the export earnings of India in 2017-18.
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Niir Project Consultancy Services
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Email: npcs.ei@gmail.com , info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
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#Textile_Industry, Textile Industry in India, #Textile_Manufacturing_Industry_in_India, Indian Textile Industry, #Textiles_and_Garments, Textile Sector, Starting your own Textile Business, #How_to_Start_Textile_Manufacturing_Business, Textile Business, Textile Manufacturing, #How_to_Set_up_a_Garment_Factory_for_Beginners, Clothing Industry, Setting up of a Garment Industry, Start a Fabric Business in India, Textile Unit Business in India, Starting a Textile Manufacturing Unit, How to Start a Textile, Textile Business Plan, #Cost_of_Setting_up_Textile_Industry, #How_to_Start_a_Clothing_Manufacturing_Business, Starting your own Clothing Manufacturing Business, Starting a Garment Business, Garment Manufacturing Business, #Apparel_Manufacturing_Industry, Textile and Apparel Industry, Business Plan for Textile Manufacturing, How to Start a Textile Mill? Profitable Small Business Opportunities in Clothing Industry in India, Business Opportunities in Textile Industry, Starting a Garment Business, Clothing Manufacture Business Plan, #Detailed_Project_Report_on_Textile_Industry, Project Report on Textile Industry, Pre-Investment Feasibility Study on Textile Industry, Techno-Economic feasibility study on Textile Industry, #Feasibility_report_on_Textile_Industry, Free Project Profile on Textile Industry, Project profile on Textile Industry, Download free project profile on Textile Industry, Cotton Fabric Manufacturing Business, Cotton Fabric Manufacture, Start Fabric Manufacturing Business, Cotton Fabric
Textile Industry. Cotton Fabric Manufacturing Business. Business Opportunities in Clothing Industry
Textile is a flexible material formed using different processes, such as knitting, weaving, felting, or crocheting. These materials are used in the manufacturing of a wide range of conventional, as well as advanced finished goods, in kitchen, upholstery, bedding, transportation, construction, protective, handbags, medical, apparel, ties & clothing accessories.
India Textile Industry is one of the leading textile industries in the world. The Indian textiles industry, currently estimated at around US$ 150 billion, is expected to reach US$ 250 billion by 2019. Indiaโs textiles industry contributed seven per cent of the industry output (in value terms) of India in 2017-18.It contributed two per cent to the GDP of India and employs more than 45 million people in 2017-18.The sector contributed 15 per cent to the export earnings of India in 2017-18.
See more
https://bit.ly/2LkYyZ4
https://bit.ly/30yvwJ7
https://bit.ly/30qbTD4
Contact us:
Niir Project Consultancy Services
An ISO 9001:2015 Company
106-E, Kamla Nagar, Opp. Spark Mall,
New Delhi-110007, India.
Email: npcs.ei@gmail.com , info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
Mobile: +91-9811043595
Website: www.entrepreneurindia.co , www.niir.org
Tags
#Textile_Industry, Textile Industry in India, #Textile_Manufacturing_Industry_in_India, Indian Textile Industry, #Textiles_and_Garments, Textile Sector, Starting your own Textile Business, #How_to_Start_Textile_Manufacturing_Business, Textile Business, Textile Manufacturing, #How_to_Set_up_a_Garment_Factory_for_Beginners, Clothing Industry, Setting up of a Garment Industry, Start a Fabric Business in India, Textile Unit Business in India, Starting a Textile Manufacturing Unit, How to Start a Textile, Textile Business Plan, #Cost_of_Setting_up_Textile_Industry, #How_to_Start_a_Clothing_Manufacturing_Business, Starting your own Clothing Manufacturing Business, Starting a Garment Business, Garment Manufacturing Business, #Apparel_Manufacturing_Industry, Textile and Apparel Industry, Business Plan for Textile Manufacturing, How to Start a Textile Mill? Profitable Small Business Opportunities in Clothing Industry in India, Business Opportunities in Textile Industry, Starting a Garment Business, Clothing Manufacture Business Plan, #Detailed_Project_Report_on_Textile_Industry, Project Report on Textile Industry, Pre-Investment Feasibility Study on Textile Industry, Techno-Economic feasibility study on Textile Industry, #Feasibility_report_on_Textile_Industry, Free Project Profile on Textile Industry, Project profile on Textile Industry, Download free project profile on Textile Industry, Cotton Fabric Manufacturing Business, Cotton Fabric Manufacture, Start Fabric Manufacturing Business, Cotton Fabric
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4. Decentralized Sector TEXTILE INDUSTRY IN INDIA NATURAL FIBRES / FABRICS MAN-MADE FIBRES / FABRICS Organized Sector (Mills) Spinning Composites Handloom Powerloom Khadi WOLL JUTE S ILK COTTON RAYON Cellulose / viscose BLENDED ( Synthetic + Natural) SYNTHETIC (Nylon, PET, PAN)
5.
6.
7. CLOTH PRODUCTION ORGANIZED SECTOR 1714 Mn. Sq. m IN 1999- 2000 1503 Mn. Sq. m IN 2004- 05, PROJECTED AT 1493 Mn.Sq m IN 2005-06. AS ON 30.09.2005 TOTAL CLOTH PRODUCTION IN ORGANIZED, POWERLOOM, HANDLOOM, KHADI, WOOL, SILK SECTOR 47330 Mn Sq. m IN 2005-06 PER CAPITA CLOTH AVAILABILITY 32.63 Sq m (2005-06) TEXTILE EXPORTS US$ 13 billion DOMESTIC MARKET US$ 25 billion
8. POWERLOOM SECTOR (2005-06) 19.23 LAKH POWERLOOMS 4.30 LAKH UNITS 63% TOTAL CLOTH PRODUCTION (29627 Mn Sq. m) 36692 AUTOMATIC LOOMS 23809 SHUTTLELESS LOOMS 4-5 LAKH DOBBY LOOMS 2 LAKH SEMI-AUTOMATIC LOOMS 80% INDIGENOUS GARMENTERS SOURCE FABRIC FROM POWERLOOM SECTOR. EMLOYMENT 2.9 MILLION JOBS DIRECTLY 1.9 MILLION JOBS INDIRECTLY
9.
10. Indian Cotton industry 2006 Hindustan Times June 25, 2006 Modernization 201 market yards Target 250 678 ginning and pressing units, Target 1000 Record cotton production 244 lakh bales of 170 kg. each Record cotton yield 467 kg/Hectare Yield in Gujrat and Punjab 728 kg/Hectare Gehri-Buttar village in in Bhatinda, Punjab 873 kg
11. Indian Cotton industry 2006 Hindustan Times June 25, 2006 Textile Turnaround New investment 83 crores/day Jobs 83000 per month Rs 76000 crores export earning
12. SWOT ANALYSIS OF INDIAN TEXTILE INDUSTRY POST WTO REGIME The global textile industry is likely to grow from USD 309 bn to USD 856 bn. India has a huge opportunity to capitalize on a much larger portion of this growth. STRENGTH Indian textile industry has several key strengths a. Abundant raw material b. Low cost skilled labour c. Presence across value chain d. Growing domestic market
13. India is one of the largest producer of natural and manmade fibres
15. Growing domestic market Very low per capita consumption of textiles indicating significant potential for growth
16. Weaknesses However there are several weaknesses as well Fragmented industry Lower productivity and cost competitiveness Technological obsolescence
17. Fragmented industry large section of industry is in the powerloom and handloom sectors. Global buyers prefer to source their requirements from two or three vendors Indian garmenters find it difficult to fulfill the capacity requirements
19. Historical regulations Though relaxed continue to be an impediment to global competiveness Pre-2000 garmenting was reserved for SSI sector which has resulted most units being set up with small capacities. Knitted garments continue to be reserved for SSI sector
20. The Indian industry lacks adequate economies of scale and is therefore unable to compete with China. Costs like indirect taxes, power and interest rates are relatively higher. Technology obsolescence Technology upgradation fund scheme (TUFS) Initiated 1999- 2004 Extended to 2007
21. Large portion of the processing capacity is obsolete While state of art integrated textile mills exist, majority of the capacity lies currently with the powerloom sector. This has also resulted in low value addition in the industry Indias current share is barely 3% while China controls 15% Post 2005 it is expected that China will capture 43% of global textile trade
25. Faster turnaround time for design samples Investing in design centres and sampling labs Increased use of CAD to develop designing capabilities in the organization and developing greater options Investing in trend forecasting to enable growth of the industry in India.
26.
27. Competition in domestic market By competition by offering lower prices and better quality Competition is not likely to remain in export market, the industry is likely to face competition for cheaper imports as well. This is likely to affect domestic industry
28. Ecological and social awareness is likely to result in increase pressure on the industry to follow international labour and environmental laws. Standard like SA 8000 have now started being implemented extensively in the industry. This has resulted in increased pressure on companies to limit sourcing from countries/companies known to have such practices The Indian industry needs to prepare for the fall out of such issues by improving its working practices
29. In conclusion This opportunity for the textile industry could potentially be the next big wave for the Indian economy Various stake holders within the textile industry should work towards developing a competitive advantage and projecting it to the global market