Here are 3 questions for Group 1 about the textile industry document: 1. According to the document, what is India's current share of the global textile trade? 2. What two countries are mentioned as the biggest importers of textiles according to the global scenario section? 3. Which state is mentioned as the 2nd largest producer of raw silk in India according to the achievements section?

1. TEXTILE INDUSTRY

2. Objectives of the Eleventh Plan for Textile IndustryBuild up world class state-of-the-art manufacturing capacities to attain and sustain predominant global standing in manufacture and export of textiles and clothing.

3. Attain the 9% share in global textile trade by the terminal year of the Plan period.IntroductionWith China leading the global textile trade, India ranks second with 8%.

4. India’s share of the world trade in textiles (3.9%) and apparel (3%) is increasing

5. Exports grew by 8% in 2006-07 over the last year

6. Textiles is the second largest employer after agriculture, with about 35 million people directly employedGlobal ScenarioThe global textiles and apparel trade estimated at US$ 450 billion.

7. Expected to touch US$ 700 billion by 2010.

8. For textiles, the European Union is the biggest exporter

9. Asia accounted for 45.1% of world textiles exports.

10. The EU and the US are the biggest importers of textiles.

11. Clothing provided more than 40% of total merchandise exports for Cambodia, El Salvador, Bangladesh, Sri Lanka, Mauritius and Lesotho.Industry GrowthProduction of textile yarn witnessed a compounded annual growth rate (CAGR) of 3.6 per cent between 1996 and 2006.

12. Finished cloth has witnessed a higher CAGR of 4.1 per cent during the same period.

13. This growth outperforms the global production, which experienced a CAGR of 2.25 per cent (both yarn and cloth).AchievementsIndia has the highest number of looms.

14. India ranks 1st in jute production (at 1,900 million kilograms)

15. 2nd in silk production (at 15 million kilograms of raw silk)

16. 2nd in cotton exports (at 2,000 million kilograms)

17. 2nd in cotton production (at 2,700 million kilograms of cotton fibre)

18. 5th in man-made fibres(at 2,000 million kilograms)

19. Ranks 8th in the total production of wool (at 51 million kilograms) in the world.Opportunities for investing in theIndian Textile SectorCost competitiveness

20. Ring Knitted Fabric

21. Ring Woven Fabric

22. Open-ended Knitted Fabric

23. Open-ended Woven Fabric

24. If we compare this with countries like South Korea, China, Brazil we carry out this work at low price then them.Cont..Favourable domestic market

25. Growing demand for consumption a revolution is taking place in India’s retail sector (increase in disposable income of people)

26. Government initiatives to promote investment

27. It is estimated that this industry will require US$ 22 billion of new capital investments over the next five years.

28. Encouraging institutes as NIFT (National Institute of Fashion Technology) and Apparel Training and Design Centres (ATDCs) offer courses in Textile Engineering.Cont..Government initiatives to promote investment

29. Technology Up-gradation:

30. Established the Technology Up-gradation Fund Scheme (TUFS), to enable firms to access subsidised low-interest loans for technology up-gradation.

31. Revival of sick units:

32. Revival plans of the mills run by National Textiles Corporation (NTC).

33. For modernisation of 18 textile mills 2.2millon US$ will be spent. Critical success factors for manufacturers.Scale

34. Compared to Chinese there are fewer larger firms and firms have 1.5 times higher spinning capacity than those of India.

35. Cant exploit economics of scale and need full time work force in lean seasons.