The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was estimated at $137 billion in 2016 and is expected to reach $226 billion by 2023, growing at a CAGR of 8.7%.
- Textile exports from India stood at $36.63 billion in FY2017 and are projected to increase to $82 billion by 2021.
- Major segments of the industry include cotton, silk, jute, wool, and technical textiles. Cotton accounts for the largest share of fiber, yarn, and fabric production.
- Production of raw cotton, man-made fibers, y
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The domestic textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 137 billion in 2016 growing at a CAGR of 12.84%.
- Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.63 billion in FY17 growing at a CAGR of 12.06%.
- Total cloth production in India has grown to 53.5 billion square metres in FY17 from 64.6 billion square metres in FY16.
The Indian textiles and apparel industry is one of the largest in the world with a growing domestic market size projected to reach $250 billion by 2019. Exports of textiles and apparel from India have also grown strongly over the years to reach $37.85 billion in 2018 and are expected to increase to $82 billion by 2021. Key segments like cotton textiles and readymade garments dominate both domestic production and exports. Rising incomes, favorable demographics and government support through schemes and policies are driving the growth of the Indian textiles and apparel industry.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Total cloth production in India in FY17 was 63.6 billion square metres. The textile and apparel exports from India is expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. The government has undertaken various initiatives like SITP and TUFS to encourage investment and boost production in the textile industry. Rising income levels and growth of the retail sector will drive demand for textiles in India.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was around US$ 150 billion in 2017 and is expected to reach US$ 250 billion by 2019 growing at a CAGR of 13.58%.
- Exports of textiles and apparel from India have grown steadily over the years, reaching US$ 36.63 billion in FY2017.
- Cotton and man-made fibers are the major raw materials in the sector, with cotton production reaching 35.1 million bales in FY2017.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. Total cloth production in India in FY17 was 63.6 billion square metres. The government has undertaken various initiatives like SITP and TUFS to encourage investment and support infrastructure development in the textile industry. Rising income levels and favorable demographics are expected to drive domestic demand for textiles in India.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. Total cloth production in India in FY17 was 63.6 billion square metres. The industry contributes significantly to GDP, manufacturing output, employment and exports of India.
The textile and apparel industry in India has grown significantly over the years and is projected to reach $250 billion by 2019. Cotton production and man-made fiber production have also increased steadily. The textile market size in India was around $150 billion as of July 2017 and is expected to grow at a CAGR of 13.58% between 2009-2019. Cotton is the major segment in yarn and fabric production in India, accounting for over 70% of total yarn production. The industry contributes significantly to India's GDP, employment, and exports. The government has introduced several schemes to promote growth and modernization of the sector.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. Total cloth production in India in FY17 was 63.6 billion square metres. The domestic textile industry is growing due to factors such as rising per capita income, favourable demographics, increasing demand, and government initiatives to promote investment and modernization in the sector.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The domestic textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 137 billion in 2016 growing at a CAGR of 12.84%.
- Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.63 billion in FY17 growing at a CAGR of 12.06%.
- Total cloth production in India has grown to 53.5 billion square metres in FY17 from 64.6 billion square metres in FY16.
The Indian textiles and apparel industry is one of the largest in the world with a growing domestic market size projected to reach $250 billion by 2019. Exports of textiles and apparel from India have also grown strongly over the years to reach $37.85 billion in 2018 and are expected to increase to $82 billion by 2021. Key segments like cotton textiles and readymade garments dominate both domestic production and exports. Rising incomes, favorable demographics and government support through schemes and policies are driving the growth of the Indian textiles and apparel industry.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Total cloth production in India in FY17 was 63.6 billion square metres. The textile and apparel exports from India is expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. The government has undertaken various initiatives like SITP and TUFS to encourage investment and boost production in the textile industry. Rising income levels and growth of the retail sector will drive demand for textiles in India.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was around US$ 150 billion in 2017 and is expected to reach US$ 250 billion by 2019 growing at a CAGR of 13.58%.
- Exports of textiles and apparel from India have grown steadily over the years, reaching US$ 36.63 billion in FY2017.
- Cotton and man-made fibers are the major raw materials in the sector, with cotton production reaching 35.1 million bales in FY2017.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. Total cloth production in India in FY17 was 63.6 billion square metres. The government has undertaken various initiatives like SITP and TUFS to encourage investment and support infrastructure development in the textile industry. Rising income levels and favorable demographics are expected to drive domestic demand for textiles in India.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. Total cloth production in India in FY17 was 63.6 billion square metres. The industry contributes significantly to GDP, manufacturing output, employment and exports of India.
The textile and apparel industry in India has grown significantly over the years and is projected to reach $250 billion by 2019. Cotton production and man-made fiber production have also increased steadily. The textile market size in India was around $150 billion as of July 2017 and is expected to grow at a CAGR of 13.58% between 2009-2019. Cotton is the major segment in yarn and fabric production in India, accounting for over 70% of total yarn production. The industry contributes significantly to India's GDP, employment, and exports. The government has introduced several schemes to promote growth and modernization of the sector.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. Total cloth production in India in FY17 was 63.6 billion square metres. The domestic textile industry is growing due to factors such as rising per capita income, favourable demographics, increasing demand, and government initiatives to promote investment and modernization in the sector.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017, growing at a CAGR of 13.58%. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. India enjoys advantages like abundant raw materials, skilled workforce and lower costs of production compared to major textile producers. The government is undertaking various initiatives like setting up integrated textile parks and increasing allocations to promote growth of the industry.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 3.26 billion in FY2019. Cloth production in FY2018 stood at 67.45 billion square metres (provisional). Rising income levels, favourable demographics, and a shift in consumer preferences are expected to drive demand in the domestic market. The government is undertaking various initiatives like increasing investments to encourage private equity and workforce training to support the growth of the industry.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was around US$150 billion as of July 2017 and is expected to reach US$250 billion by 2019 growing at a CAGR of 13.58%.
- Textile and apparel exports from India reached US$37.85 billion in 2018 and are expected to increase to US$82 billion by 2021.
- Cloth production in India stood at 67.45 billion square meters in FY2018 and is expected to increase due to rising domestic demand.
- The cotton and man-made fiber segments have seen rising production levels in recent years
The text summarizes the Indian textiles and apparel industry. Key points include:
- The domestic textile industry in India is projected to reach $250 billion by 2019 from $150 billion in 2017, growing at a CAGR of 13.58%.
- Textile and apparel exports stood at $39.2 billion in FY18 and are expected to increase to $82 billion by 2021 from $6.3 billion in FY2019.
- Cloth production in FY2018 was 67.45 billion square meters (provisional) and was 5.6 billion square meters (provisional) in FY19.
- Cotton is a major segment in yarn and fabric production,
The text summarizes key information about India's textiles and apparel industry from a document on ibef.org:
- The size of India’s textile market was around US$ 150 billion in 2017 and is expected to reach US$ 250 billion by 2019, growing at a CAGR of 13.58% from 2009-2019.
- Textile exports from India stood at US$ 39.2 billion in FY2018 and are expected to increase to US$ 82 billion by 2021.
- The domestic textile industry is supported by factors like rising income levels, favorable demographics, abundant raw materials, and government initiatives promoting investment and technology upgrades.
India's textiles and apparel industry has grown significantly in recent years and is projected to reach $223 billion by 2021. Textiles and apparel exports from India stood at $39.2 billion in FY18 and are expected to increase to $82 billion by 2021. Production of raw materials like cotton has also increased, with cotton production reaching 35.1 million bales in FY17. The government has implemented several schemes to encourage investment and modernization in the industry.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was around US$ 150 billion in 2017 and is expected to reach US$ 223 billion by 2021, growing at a CAGR of 12.28%.
- Exports of textiles from India reached US$ 18.56 billion in FY2019 and are expected to increase to US$ 82 billion by 2021.
- Major segments of the industry include cotton, silk, jute, wool and man-made fibers like polyester and nylon. Cotton accounts for the largest share of yarn and fabric production.
- The government has implemented several
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. Total cloth production in India in FY17 was 63.6 billion square metres. The government is making large investments and implementing policies to support growth of the domestic textile industry and increase exports through technology upgradation, skill development, and setting up integrated textile parks.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was around US$ 150 billion in 2017 and is expected to reach US$ 223 billion by 2021, growing at a CAGR of 12.28%.
- Exports have grown strongly over the years, reaching US$ 39.2 billion in FY2018, and are expected to increase to US$ 82 billion by 2021.
- Cotton production and man-made fibre production have also been increasing steadily to meet growing demand.
- The home textiles industry is expected to grow to US$ 8.2 billion by 2021 from US$ 4.
The textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 150 billion in 2017, growing at a CAGR of 10.14%. Exports of textiles from India reached US$ 31.65 billion in FY19 and are expected to increase to US$ 82 billion by 2021. Production of cotton, the major raw material, reached 36.1 million bales in FY19 while production of man-made fibre reached 1.204 million tonnes. The domestic demand is expected to drive growth in the industry.
The textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 150 billion in 2017, growing at a CAGR of 10.14%. Exports have increased from US$ 31.65 billion in FY19 to US$ 39.2 billion in FY18 and are expected to reach US$ 82 billion by 2021. Domestic demand is also expected to rise due to increasing income levels, favorable demographics, and a shift toward branded products. Production of raw materials like cotton has increased, with cotton production reaching 36.1 million bales in FY19, and man-made fiber production reaching 1.204 million tonnes in the same period. The industry employs
Textile and apparel exports from India have grown significantly over the years and are expected to continue on an upward trajectory. Exports stood at USD39.66 billion in 2016 and are projected to increase to USD82 billion by 2021, registering a CAGR of 12.06%. The domestic textiles market in India is also growing, reaching USD137 billion in 2016, and is estimated to touch USD223 billion by 2021, a CAGR of 12.84%. Cotton remains the major raw material for the textiles industry, accounting for over 50% of fabric production. Production of cotton, yarn, fabric and man-made fibres have all trended upward in recent years. The government has introduced several measures like
Made in india textile and garments industryanooppainuly
The document discusses the textile and apparel industry in India. It provides an overview of key facts about the industry, including that India has the largest loom capacity globally and is the second largest textile exporter. The domestic textile market is expected to grow from $67 billion in 2014 to $141 billion by 2021. The government continues to support the industry through various policies and schemes.
The document provides information on India's textiles and apparel industry. Some key points:
- The size of the domestic textile market in India was estimated to be USD 137 billion in 2016 and is projected to reach USD 223 billion by 2021 growing at a CAGR of 12.84%.
- Textile and apparel exports from India have also witnessed strong growth, increasing from USD 18.76 billion in FY16 to USD 39.66 billion in FY17 and are expected to reach USD 82 billion by 2021.
- The government has implemented several schemes to support the industry including setting up integrated textile parks and increasing budgetary support for the sector.
The document provides information on India's textiles and apparel industry. It discusses key facts about the industry, its evolution, segments, growth trends and export market share. The textile and apparel market in India is projected to reach USD 123 billion by 2021 from USD 108 billion in 2015. Textile exports from India are expected to increase from USD 40 billion in 2016 to USD 82 billion by 2021. Total cloth production in India is projected to grow from 64.3 billion square meters in 2015 to 112 billion square meters by 2017. The government is taking steps like integrated textile parks and favorable policies to support the industry's growth.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was USD 108 billion in 2015 and is expected to reach USD 223 billion by 2021 growing at a CAGR of 18.74%.
- Textile and apparel exports from India are expected to increase from USD 40 billion in 2016 to USD 82 billion by 2021 growing at a CAGR of 12.06%.
- Total cloth production in India is projected to increase from 64.3 billion square meters in 2015 to 112 billion square meters by 2017 growing at a CAGR of 31.9%.
The document discusses the industry segments, market trends
The document provides information on India's textiles and apparel sector. Some key points:
- The domestic textile industry in India is projected to reach USD123 billion by 2021, up from USD108 billion in 2015. Textile and apparel exports are expected to increase to USD82 billion by 2021, up from USD40 billion in 2016.
- Cotton production has been volatile in recent years, reaching 38 million bales in FY15, while man-made fiber production has been rising steadily.
- The two main segments of the sector are yarn and fiber, and processed fabrics and apparel. Cotton is the major material in yarn and fabric production.
- Exports have grown significantly
The document summarizes the Indian textile industry. It notes that the industry contributes significantly to India's economy through production, employment, and exports. The industry encompasses the full value chain from raw materials to final products. It has witnessed growth in recent decades. The government has implemented various initiatives and reforms to promote modernization and competitiveness in the industry. India has inherent advantages through its large raw material base and skilled workforce. There are business opportunities for both domestic and foreign players across the value chain.
The Indian textile industry is a major sector that provides employment to millions of people. It can be divided into organized and unorganized sectors. The organized sector includes spinning mills and composite mills, while the unorganized sector includes powerlooms, handlooms, and khadi. The textile industry faces issues like outdated technology, lack of skilled labor, and environmental pollution from small units. The government is taking measures like technology upgradation programs and funding to promote modernization and sustainability in the industry.
The textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 137 billion in 2016 growing at a CAGR of 12.84%. Textile exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.63 billion in FY17. Cotton is the major raw material for the textile industry in India, accounting for over 50% of fabric production. The readymade garments and cotton textiles segments dominate India's textile exports.
The document provides an overview of the textiles and apparel industry in India. Some key points:
1) The size of India's textile market was around US$ 150 billion in 2017 and is expected to reach US$ 223 billion by 2021, growing at a CAGR of 12.28%. Exports have also grown strongly over the years reaching US$ 39.20 billion in FY18.
2) Cotton and man-made fibers production have been increasing to meet growing demand. Yarn and fabric production have also increased significantly in recent years.
3) Exports have been a major part of the industry, reaching US$ 24.90 billion in FY19. The home text
The textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 150 billion in 2017, growing at a CAGR of 10.14%. Exports have increased from US$ 31.65 billion in FY19 to US$ 39.2 billion in FY18 and are expected to reach US$ 82 billion by 2021. Production of raw materials like cotton have also increased, with cotton production reaching 36.1 million bales in FY19. The domestic demand is expected to further drive the growth of the industry.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017, growing at a CAGR of 13.58%. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. India enjoys advantages like abundant raw materials, skilled workforce and lower costs of production compared to major textile producers. The government is undertaking various initiatives like setting up integrated textile parks and increasing allocations to promote growth of the industry.
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 3.26 billion in FY2019. Cloth production in FY2018 stood at 67.45 billion square metres (provisional). Rising income levels, favourable demographics, and a shift in consumer preferences are expected to drive demand in the domestic market. The government is undertaking various initiatives like increasing investments to encourage private equity and workforce training to support the growth of the industry.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was around US$150 billion as of July 2017 and is expected to reach US$250 billion by 2019 growing at a CAGR of 13.58%.
- Textile and apparel exports from India reached US$37.85 billion in 2018 and are expected to increase to US$82 billion by 2021.
- Cloth production in India stood at 67.45 billion square meters in FY2018 and is expected to increase due to rising domestic demand.
- The cotton and man-made fiber segments have seen rising production levels in recent years
The text summarizes the Indian textiles and apparel industry. Key points include:
- The domestic textile industry in India is projected to reach $250 billion by 2019 from $150 billion in 2017, growing at a CAGR of 13.58%.
- Textile and apparel exports stood at $39.2 billion in FY18 and are expected to increase to $82 billion by 2021 from $6.3 billion in FY2019.
- Cloth production in FY2018 was 67.45 billion square meters (provisional) and was 5.6 billion square meters (provisional) in FY19.
- Cotton is a major segment in yarn and fabric production,
The text summarizes key information about India's textiles and apparel industry from a document on ibef.org:
- The size of India’s textile market was around US$ 150 billion in 2017 and is expected to reach US$ 250 billion by 2019, growing at a CAGR of 13.58% from 2009-2019.
- Textile exports from India stood at US$ 39.2 billion in FY2018 and are expected to increase to US$ 82 billion by 2021.
- The domestic textile industry is supported by factors like rising income levels, favorable demographics, abundant raw materials, and government initiatives promoting investment and technology upgrades.
India's textiles and apparel industry has grown significantly in recent years and is projected to reach $223 billion by 2021. Textiles and apparel exports from India stood at $39.2 billion in FY18 and are expected to increase to $82 billion by 2021. Production of raw materials like cotton has also increased, with cotton production reaching 35.1 million bales in FY17. The government has implemented several schemes to encourage investment and modernization in the industry.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was around US$ 150 billion in 2017 and is expected to reach US$ 223 billion by 2021, growing at a CAGR of 12.28%.
- Exports of textiles from India reached US$ 18.56 billion in FY2019 and are expected to increase to US$ 82 billion by 2021.
- Major segments of the industry include cotton, silk, jute, wool and man-made fibers like polyester and nylon. Cotton accounts for the largest share of yarn and fabric production.
- The government has implemented several
The textile and apparel industry in India is projected to reach US$ 250 billion by 2019 from US$ 150 billion in July 2017. Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.66 billion in FY17. Total cloth production in India in FY17 was 63.6 billion square metres. The government is making large investments and implementing policies to support growth of the domestic textile industry and increase exports through technology upgradation, skill development, and setting up integrated textile parks.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was around US$ 150 billion in 2017 and is expected to reach US$ 223 billion by 2021, growing at a CAGR of 12.28%.
- Exports have grown strongly over the years, reaching US$ 39.2 billion in FY2018, and are expected to increase to US$ 82 billion by 2021.
- Cotton production and man-made fibre production have also been increasing steadily to meet growing demand.
- The home textiles industry is expected to grow to US$ 8.2 billion by 2021 from US$ 4.
The textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 150 billion in 2017, growing at a CAGR of 10.14%. Exports of textiles from India reached US$ 31.65 billion in FY19 and are expected to increase to US$ 82 billion by 2021. Production of cotton, the major raw material, reached 36.1 million bales in FY19 while production of man-made fibre reached 1.204 million tonnes. The domestic demand is expected to drive growth in the industry.
The textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 150 billion in 2017, growing at a CAGR of 10.14%. Exports have increased from US$ 31.65 billion in FY19 to US$ 39.2 billion in FY18 and are expected to reach US$ 82 billion by 2021. Domestic demand is also expected to rise due to increasing income levels, favorable demographics, and a shift toward branded products. Production of raw materials like cotton has increased, with cotton production reaching 36.1 million bales in FY19, and man-made fiber production reaching 1.204 million tonnes in the same period. The industry employs
Textile and apparel exports from India have grown significantly over the years and are expected to continue on an upward trajectory. Exports stood at USD39.66 billion in 2016 and are projected to increase to USD82 billion by 2021, registering a CAGR of 12.06%. The domestic textiles market in India is also growing, reaching USD137 billion in 2016, and is estimated to touch USD223 billion by 2021, a CAGR of 12.84%. Cotton remains the major raw material for the textiles industry, accounting for over 50% of fabric production. Production of cotton, yarn, fabric and man-made fibres have all trended upward in recent years. The government has introduced several measures like
Made in india textile and garments industryanooppainuly
The document discusses the textile and apparel industry in India. It provides an overview of key facts about the industry, including that India has the largest loom capacity globally and is the second largest textile exporter. The domestic textile market is expected to grow from $67 billion in 2014 to $141 billion by 2021. The government continues to support the industry through various policies and schemes.
The document provides information on India's textiles and apparel industry. Some key points:
- The size of the domestic textile market in India was estimated to be USD 137 billion in 2016 and is projected to reach USD 223 billion by 2021 growing at a CAGR of 12.84%.
- Textile and apparel exports from India have also witnessed strong growth, increasing from USD 18.76 billion in FY16 to USD 39.66 billion in FY17 and are expected to reach USD 82 billion by 2021.
- The government has implemented several schemes to support the industry including setting up integrated textile parks and increasing budgetary support for the sector.
The document provides information on India's textiles and apparel industry. It discusses key facts about the industry, its evolution, segments, growth trends and export market share. The textile and apparel market in India is projected to reach USD 123 billion by 2021 from USD 108 billion in 2015. Textile exports from India are expected to increase from USD 40 billion in 2016 to USD 82 billion by 2021. Total cloth production in India is projected to grow from 64.3 billion square meters in 2015 to 112 billion square meters by 2017. The government is taking steps like integrated textile parks and favorable policies to support the industry's growth.
The document provides an overview of the textiles and apparel industry in India. Some key points:
- The size of India's textile market was USD 108 billion in 2015 and is expected to reach USD 223 billion by 2021 growing at a CAGR of 18.74%.
- Textile and apparel exports from India are expected to increase from USD 40 billion in 2016 to USD 82 billion by 2021 growing at a CAGR of 12.06%.
- Total cloth production in India is projected to increase from 64.3 billion square meters in 2015 to 112 billion square meters by 2017 growing at a CAGR of 31.9%.
The document discusses the industry segments, market trends
The document provides information on India's textiles and apparel sector. Some key points:
- The domestic textile industry in India is projected to reach USD123 billion by 2021, up from USD108 billion in 2015. Textile and apparel exports are expected to increase to USD82 billion by 2021, up from USD40 billion in 2016.
- Cotton production has been volatile in recent years, reaching 38 million bales in FY15, while man-made fiber production has been rising steadily.
- The two main segments of the sector are yarn and fiber, and processed fabrics and apparel. Cotton is the major material in yarn and fabric production.
- Exports have grown significantly
The document summarizes the Indian textile industry. It notes that the industry contributes significantly to India's economy through production, employment, and exports. The industry encompasses the full value chain from raw materials to final products. It has witnessed growth in recent decades. The government has implemented various initiatives and reforms to promote modernization and competitiveness in the industry. India has inherent advantages through its large raw material base and skilled workforce. There are business opportunities for both domestic and foreign players across the value chain.
The Indian textile industry is a major sector that provides employment to millions of people. It can be divided into organized and unorganized sectors. The organized sector includes spinning mills and composite mills, while the unorganized sector includes powerlooms, handlooms, and khadi. The textile industry faces issues like outdated technology, lack of skilled labor, and environmental pollution from small units. The government is taking measures like technology upgradation programs and funding to promote modernization and sustainability in the industry.
The textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 137 billion in 2016 growing at a CAGR of 12.84%. Textile exports from India are expected to increase to US$ 82 billion by 2021 from US$ 36.63 billion in FY17. Cotton is the major raw material for the textile industry in India, accounting for over 50% of fabric production. The readymade garments and cotton textiles segments dominate India's textile exports.
The document provides an overview of the textiles and apparel industry in India. Some key points:
1) The size of India's textile market was around US$ 150 billion in 2017 and is expected to reach US$ 223 billion by 2021, growing at a CAGR of 12.28%. Exports have also grown strongly over the years reaching US$ 39.20 billion in FY18.
2) Cotton and man-made fibers production have been increasing to meet growing demand. Yarn and fabric production have also increased significantly in recent years.
3) Exports have been a major part of the industry, reaching US$ 24.90 billion in FY19. The home text
The textile and apparel industry in India is projected to reach US$ 223 billion by 2021 from US$ 150 billion in 2017, growing at a CAGR of 10.14%. Exports have increased from US$ 31.65 billion in FY19 to US$ 39.2 billion in FY18 and are expected to reach US$ 82 billion by 2021. Production of raw materials like cotton have also increased, with cotton production reaching 36.1 million bales in FY19. The domestic demand is expected to further drive the growth of the industry.
The document provides information on India's textiles and apparel industry. Some key points:
- The domestic textile and apparel industry in India is projected to reach USD223 billion by 2021 from USD137 billion in 2016. Textile & apparel exports from India are expected to increase to USD82 billion by 2021 from USD39.66 billion in 2016.
- Total cloth production in India has grown to 53.5 billion square metres in FY17 from 64.6 billion square metres in FY16. Rising government focus and favourable policies are supporting industry growth.
- The textile and apparel industry can be broadly divided into the yarn and fibre segment and the processed fabrics, ready
The document provides information on India's textiles and apparel industry. It discusses the industry's growth prospects, with the domestic market projected to reach USD 223 billion by 2021 from USD 137 billion in 2016. Textile and apparel exports from India are also expected to increase to USD 82 billion by 2021 from USD 39.66 billion in 2016. The document outlines various government initiatives to support the industry such as the establishment of integrated textile parks and increasing budgetary support. It also highlights factors like rising incomes, favorable demographics and policy support that provide advantages for the growth of the textiles sector in India.
This document provides an overview of the Indian textile industry. It states that India is the second largest textile fiber producer and manufacturer globally, as well as the largest cotton and jute producer. It also notes that the textile and apparel sector contributes significantly to India's GDP and employment. The document discusses fiber production statistics and presents information on the spinning, weaving, and apparel sub-sectors. It outlines various government initiatives and policies to support the industry and lists key players and investment opportunities in the Indian textile market.
The document provides an overview of the Indian textiles and apparel market. Some key points:
- India is the world's second largest textile producer and sixth largest exporter, with the industry contributing 13% to industrial production.
- The domestic market was worth $223 billion in 2021 and is expected to reach $209 billion by 2029 growing at 10% annually.
- Major segments include cotton, silk, jute and technical textiles. Cotton is the largest raw material and man-made fibre production is increasing.
- Exports have grown steadily and were $44.4 billion in FY22, with ready-made garments becoming the largest segment. The government has introduced several schemes to boost
This document provides information on the Indian textile and clothing industry. It discusses the fragmentation of the industry between organized and unorganized sectors. It outlines major facts about the industry, including its large contribution to India's economy and exports. The document also examines the growing market size of the industry and analyzes strengths, weaknesses, opportunities, and threats. Finally, it reviews government initiatives to promote the industry.
A study on ‘Performance Evaluation of Select Textile Companies An Empirical A...IOSRJBM
Indian Textile industry has played a pioneered role in growth and upliftment of country. It is the sector that contributes approx 14 per cent to industrial production, 4 per cent to GDP and Approx 13 Percent of total exports of the country. The sector has offered employment to around 45 million people, by acting as one of the biggest employment generator sector. In spite of having such a remarkable records, companies in textile industry are facing many problems like shortage of raw material, obsolete machinery, power shortage, low productivity of labour and competition in foreign market. So the objective of the study is to measure and compare the performance of selected textile companies in India during last five years. The secondary data collected is analyzed using various statistical tools and techniques such as Ratio analysis and one way ANOVA. To measure the financial performance of selected textile companies, in terms of Managerial efficiency, Liquidity, Profitability and Solvency position of the companies, ratio analysis has been used. Further one way ANOVA has been used to identify if there exist a significant difference in the mean and performance of different textile companies. The results showed that there is significance difference in the Return on Capital Employed, Net Profit Margin, Current Ratio, Debt to Equity Ratio, and Fixed Asset turnover ratio of sample Textile companies at 5% level of significance
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.
The document discusses India's textile industry and the Apparel Export Promotion Council (AEPC). It notes that India is a major global producer and exporter of cotton, jute, silk and other fibers. It also summarizes AEPC's role in promoting apparel exports, providing services and assistance to exporters, and its goals of increasing export volume, markets and stabilizing the industry. AEPC works to facilitate trade, host events and aims to enable 100,000 jobs in the textile sector by 2015.
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?
Project on study of employees job satisfaction, it can analysis all accepts. you can a good information through that.
and know the sanctification level of employees in the organization
The Indian textile industry is one of the largest in the world, contributing significantly to India's economy by accounting for 14% of industrial production, 4% of GDP, 17% of export earnings, and providing employment to over 35 million people. The industry has grown since economic liberalization in 1991 and includes various segments like cotton, silk, wool, ready-made garments, and hand-crafted textiles. While India has strengths like raw material resources and low labor costs, weaknesses include labor productivity issues and technology obsolescence.
Similar to Textiles Sector Report October 2017 (13)
Tamil Nadu has a strong and growing economy, as evidenced by its GSDP which grew at a CAGR of 11.46% between 2011-12 and 2018-19, reaching Rs. 16.06 trillion (US$ 222.58 billion) in 2018-19. The state has a diversified industrial base and thriving services sector, especially in IT/ITeS. It also has robust infrastructure including roads, ports, airports, and an emphasis on further infrastructure development. With various initiatives like Vision 2023, Tamil Nadu aims to boost its economy and attract significant domestic and foreign investments over the coming years.
India has become the second largest steel producer in the world in 2018. Steel production and capacity in India have grown rapidly over the past decade, with capacity reaching 137.98 million tonnes in 2017-18. Consumption has also increased steadily, driven by growth in infrastructure, automotive, and other sectors. The government has implemented policies like the National Steel Policy to encourage further capacity growth to 300 million tonnes by 2030-31. Low per capita consumption compared to other countries also provides significant potential for further demand growth.
The document provides an overview of India's services sector, including:
1) The services sector contributes over 50% of India's GDP and grew at 12.75% in 2018-19, demonstrating its importance as the key driver of India's economic growth.
2) India has a large skilled workforce and is a global outsourcing hub, commanding a 55% share of the global sourcing market, which has helped establish the country as a leading provider of technology and digital services.
3) The government is working to further develop the services sector through initiatives like 'Startup India' and reforms that make India an attractive investment destination for both domestic and foreign investors.
The document provides an overview of the real estate sector in India. It discusses that the real estate sector is expected to reach $1 trillion by 2030 and contribute 13% of India's GDP by 2025. Rapid urbanization is driving demand for residential and commercial real estate space. The residential segment contributes around 80% of the sector currently. Government policies like Housing for All and Smart Cities are further boosting growth.
Rajasthan has experienced strong economic growth in recent years. Between 2011-12 and 2018-19, the state's Gross State Domestic Product grew at a compound annual growth rate of 11.37% to reach $128.1 billion. The tourism industry in Rajasthan is thriving, with over 47.5 million tourist arrivals in 2017, and the state is a leading producer of agro-based products. Rajasthan also has immense potential for renewable energy generation from solar and wind sources.
Indian Railways is the third largest rail network in the world by size. It saw strong revenue growth over the past decade, with freight accounting for over 65% of revenues in FY19. Freight and passenger traffic have both increased steadily in recent years. Various modernization initiatives are underway to upgrade infrastructure and technology. Private sector participation is being encouraged to augment rail connectivity and capacity.
India has the third largest installed power capacity in the world at 356.10 GW as of March 2019. It is the third largest producer and consumer of electricity globally. India has achieved 100% household electrification and aims to increase renewable energy capacity to 175 GW by 2022. Thermal energy accounts for over 63% of total installed capacity, while renewable sources account for 21.8%. The power sector in India is growing rapidly and offers many opportunities for investment and development.
Nagaland has a Gross State Domestic Product (GSDP) of around 0.24 trillion Indian rupees in 2017-18, growing at a CAGR of 11.83% between 2011-12 and 2017-19. The per capita GSDP in 2017-18 was 113,549 rupees, growing at a CAGR of 10.66% in the same period. Nagaland's Net State Domestic Product (NSDP) in 2016-17 was 0.19 trillion rupees, growing at 15.72% between 2011-12 and 2016-17. The per capita NSDP in 2016-17 was 90,168 rupees, growing at 12.
Meghalaya has the highest rainfall in India and diverse soil types that support agriculture. The state has strong potential in floriculture, bamboo processing, and medicinal plants due to its biodiversity. Meghalaya also has large hydroelectric power potential and abundant mineral resources. The state aims to promote industries like agro-processing, horticulture, minerals and tourism to create opportunities for its population.
- The Indian infrastructure sector is experiencing significant growth due to rising government investments and initiatives such as allocating Rs 4.56 lakh crore for infrastructure in the FY 2019-20 budget.
- Private sector participation is increasing across segments like roads, power and airports. Infrastructure sectors like power transmission and renewable energy will drive future investments.
- Improving connectivity through initiatives like Bharatmala Pariyojana and Sagarmala will boost infrastructure growth. 100% villages connectivity through roads is expected by 2019 under PMGSY.
The document provides an overview of the media and entertainment industry in India. Some of the key points from the document are:
- The Indian media and entertainment industry is growing rapidly at a CAGR of 12-13% and is expected to reach Rs. 3.73 lakh crore by 2022.
- Television is the largest segment with a market size of Rs. 740 billion in 2018, expected to reach Rs. 955 billion by 2021. Digital media, animation and VFX, and online gaming are among the fastest growing segments.
- Advantages for the industry in India include rising incomes, evolving lifestyles, a large young population, increasing digitization, and government support through
- The manufacturing sector is a major employer in India and aims to provide 25% of GDP and 100 million new jobs by 2022. It has grown at a CAGR of 4% between FY12-19 and contributes significantly to India's exports.
- The document discusses India's advantage in manufacturing including a large domestic market, favorable demographics, and government initiatives like Make in India. Key sub-sectors, growth drivers and the evolution of the sector are also outlined.
- Recent trends show growth in production, IIP, capacity utilization and exports, indicating the sector is expanding. The government has implemented various policies to develop manufacturing and make India a global hub.
Manipur has a flourishing bamboo processing industry as it is one of India's largest bamboo producing states. It also has a strong handicrafts industry, being home to the highest number of handicraft units and artisans in North East India. Handlooms is the largest cottage industry in Manipur. The state has strong potential for border trade opportunities through Moreh town, which is India's only land route for trade with Myanmar and Southeast Asia. Manipur is also home to the Ema Bazaar, one of India's largest markets run exclusively by women. Due to its natural beauty and biodiversity, Manipur is a popular tourist destination known as the "Switzerland of the East".
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate, with its GSDP reaching Rs. 1.52 trillion (US$21.04 billion) in 2018-19 growing at 11.09% annually.
- The state has a diverse economy with key sectors being tourism, agriculture, and hydroelectric power. Agricultural production and tourism visitor numbers are increasing.
- Himachal Pradesh has a large hydroelectric power potential and is becoming a major hub for hydroelectricity in India, though only around 40% of its potential has been harnessed so far.
Gujarat has experienced high economic growth rates in recent years.
- Gujarat's GSDP grew at a CAGR of 13.55% from 2011-12 to 2016-17, reaching Rs. 11.62 trillion (US$ 173.24 billion) in 2016-17.
- The state's per capita GSDP increased from Rs. 101,075 (US$ 2,108) in 2011-12 to Rs. 178,043 (US$ 2,654) in 2016-17, registering a CAGR of 11.99%.
The document provides an overview of India's gems and jewellery sector. Some key points:
- India is a major player in global gems and jewellery trade, contributing about 7% to India's GDP and employing over 4.6 million people.
- India is the world's largest cut and polished diamond exporter, exporting over 75% of global polished diamonds. It also processes over $23 billion worth of diamonds annually.
- Exports of cut and polished diamonds and gold jewellery have registered steady growth in recent years. Imports have also increased at a CAGR of nearly 8% between 2004-2018.
- The sector is adopting strategies like expanding retail networks, providing financing options
The engineering and capital goods industry in India is growing rapidly. The turnover of the capital goods industry reached $70 billion in 2017 and is forecasted to reach $115.17 billion by 2025. Electrical equipment production is also growing and is expected to reach $100 billion by 2022, up from $27.3 billion in 2017-18. The engineering research and design segment is also expanding, with revenues projected to increase from $28 billion in FY18 to $42 billion in FY22. Growth is being driven by increasing industrialization, infrastructure development, and capacity expansion across various core sectors in India.
Major e-commerce players in India have adopted strategies like expanding into new categories like groceries and used goods, acquiring analytics startups to improve pricing and positioning, and launching ancillary services like payments, logistics and video streaming. They have also introduced subscription models and personalized experiences to provide extra benefits and tailor their offerings to individual customer needs and interests.
Delhi has experienced strong economic growth, with its gross state domestic product increasing at a compound annual growth rate of 12.41% between 2011-12 and 2018-19. The real estate sector has been an important contributor to the state's economy. Delhi also has a growing tourism industry, owing to its historical and cultural attractions. The state government is working to improve infrastructure and implement policies to facilitate industrial development and attract investment across various sectors.
Chhattisgarh has a strong mineral production base and is a leading producer of coal and iron ore in India. It is the only state that produces tin concentrates. The state has emerged as a preferred investment destination and has witnessed strong growth in the agriculture sector. Key sectors driving growth include minerals, power, agriculture and tourism. Chhattisgarh aims to further develop its infrastructure, promote industries and boost skill development to achieve its vision of becoming an industrialized state.
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
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[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
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OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
2. Table of Content
Advantage India…………………..….………4
Market Overview …………….………..…….6
Recent Trends and Strategies…….……..18
Growth Drivers…………………….....…....21
Case Studies……….……….......…………36
Industry Organisations……….….......…...40
Porters Five Forces Framework………….17
Executive Summary……………….….……..3
Opportunities.....…………………………...33
Useful Information……….……….......…...42
3. For updated information, please visit www.ibef.orgTextiles and Apparels3
EXECUTIVE SUMMARY
Textiles and apparel exports from India (US$ billion)
36.75 36.66
82.00
0
20
40
60
80
100
FY16 FY17 2021E
CAGR 12.06%
Total cloth production in India (billion square metres)
64.3
64.6
63.6
63
63.5
64
64.5
65
FY15 FY16 FY17 (P)
Textile and apparel industry in India (US$ billion)
Source: Ministry of Textiles, Make in India, Technopak, Aranca Research
Notes: CAGR - Compound Annual Growth Rate, E – Estimate, P – Provisional, * - upto July 2017
108 137 150
250
0
100
200
300
2015 2016 2017* 2019 F
Rising per capita income, favourable demographics and a shift in
preference to branded products to boost demand
The domestic textile industry in India is projected to reach US$ 250
billion by 2019 from US$ 150 billion in July 2017.
Favourable trade policies and superior quality to drive textile exports
Textile and apparel exports from India is expected to increase to
US$ 82 billion by 2021 from US$ 36.66 billion in FY17
Increase in domestic demand set to boost cloth production
Total cloth production in India in FY17 was 63.6 billion square metres
5. For updated information, please visit www.ibef.orgTextiles and Apparels5
ADVANTAGE INDIA
Increased penetration of organised retail,
favourable demographics and rising
income levels to drive textile demand
Growth in building and construction will
continue to drive demand for non-clothing
textiles
Huge investments are being made by
Government under Scheme for Integrated
Textile Parks (SITP)-(US$ 184.98 million)
and Technology Upgradation Fund
Scheme (TUFS)-(term loan sanctioned in
Feb, 2015- US$ 2198.45 million) to
encourage more private equity and to train
workforce.
Abundant availability of raw materials such
as cotton, wool, silk and jute
India enjoys a comparative advantage in
terms of skilled manpower and in cost of
production relative to major textile
producers
100 per cent FDI (automatic route) is
allowed in the Indian textile sector
Under Union Budget 2017-18, the
government has allocated US$ 7.76
million for setting up integrated parks in
India
Free trade with ASEAN countries and
proposed agreement with European Union
will boost exports
ADVANTAGE
INDIA
Source: PHD Camber of Commerce; Federation of Indian Chambers of Commerce and Industry, Aranca Research
Note: SITP - Scheme for Integrated Textile Park; FDI - Foreign Direct Investment, ASEAN - Association of Southeast Asian Nations, E – Estimate; F-Forecasted
7. For updated information, please visit www.ibef.orgTextiles and Apparels7
EVOLUTION OF THE INDIAN TEXTILE SECTOR
Source: Union Budget 2015-16, Make In India
Pre 1990s 1901–2000 2000-2015 2016 onwards
The 1st cotton textile mill of
Mumbai was established in
1854
The 1st cotton mill of
Ahmedabad was found in
1861; it emerged as a rival
centre to Mumbai
Number of mills increased
from 178 in 1901 to 417 in
1945
Out of 423 textile mills of the
undivided India, India received
409 after partition and the
remaining 14 went to Pakistan
In 1999, TUFS was set up to
provide easy access to capital
for technological up gradation
TMC was launched to address
issues related to low
productivity and infrastructure
In 2000, NTP was announced
for the overall development of
the textile and apparel
industry
SITP was implemented to
facilitate setting up of textile
units with appropriate support
infrastructure
After MFA cotton prices are
aligned with global prices
Technical textile industry will
be a new growth avenue
Free trade agreement with
ASEAN countries and
proposed agreement with EU
under discussion
Restructured TUFS was
launched attracting a subsidy
cap of US$ 420.65 Million
Make in India campaign was
launched to attract
manufacturers and FDI.
Technology Mission for
Technical Textile has been
continued.
Under Union Budget 2017-18,
Government of India allocated
around US$ 926.66 million for
textile Industry. Major focus of
this budget is to attract
manufacturers, initiate
technology upgradation and
setup Integrated textiles
parks, etc.
Measures were also
announced to be taken to
foster faster clearance of
import and export cargo
Note: NTP - National Textile Policy; NTC - National Textiles Corporation; ASEAN - Association of Southeast Asian Nations, TUFS - Technology Upgradation Fund Scheme; TMC -
Technology Mission on Cotton, EU - European Union
8. For updated information, please visit www.ibef.orgTextiles and Apparels8
KEY FACTS
Source: Textile Ministry, Make in India, 1 - Figures as of April-January 2016-17
The fundamental strength of the textile industry in India is its strong production base of wide range of fibre / yarns from natural fibres like cotton,
jute, silk and wool to synthetic / man-made fibres like polyester, viscose, nylon and acrylic
India accounts 63 per cent of the market share of textiles and garments
With production of 6,106 million kg, India was the largest producer of cotton in 2016-17.
Indian textile industry accounts for about 24 per cent of the world’s spindle capacity and 8 per cent of global rotor capacity
India has the highest loom capacity (including hand looms) with 63 per cent of the world’s market share
India accounts for about 14 per cent of the world’s production of textile fibres and yarns (largest producer of jute, 2nd largest producer of silk and
cotton; and 3rd largest in cellulosic fibre)
India is the 2nd largest producer of Manmade Fibre and Filament, globally, with production of around 2,11 million kg in 2016-171.
Note: Figures are as per latest data available
Process
Raw
material
Ginning Spinning Processing
Garment/
apparel
production
Output
Cotton,
jute, silk,
wool
Fibre⁽¹⁾ Yarn Fabric
Processed
fabric
Final
garment/
Apparel
Woollen textiles
Silk textiles
Jute textiles
Technical textiles
Yarn and fibre segment
Weaving/
knitting
Key segments of the textile industry
9. For updated information, please visit www.ibef.orgTextiles and Apparels9
THE SECTOR HAS BEEN POSTING STRONG GROWTH
OVER THE YEARS
70
78
89
99
108.5
137
226
0
50
100
150
200
250
2009 2010 2011 2014 2015 2016 2023E
Source: Technopak, Make in India, News articles, Ministry of Textiles, Aranca Research
Textile plays a major role in the Indian economy
• It contributes 14 per cent to industrial production and 4 per cent to
GDP
• With over 45 million people, the industry is one of the largest
source of employment generation in the country
The industry accounts for nearly 15 per cent of total exports
The size of India’s textile market in 2016 was around US$ 137 billion,
which is expected to touch US$ 226 billion market by 2023, growing
at a CAGR of 8.7 per cent between 2009-23E
As of June 2017, the central government is planning to finalise and
launch the new textile policy in the next three months. The policy
aims to achieve US$ 300 billion worth of textile exports by 2024-25
and create an additional 35 million jobs.
Visakhapatnam port traffic (million tonnes)India's textile market size (US$ billion)
CAGR 8.7%
Note: CAGR - Compound Annual Growth Rate, E – Estimated
10. For updated information, please visit www.ibef.orgTextiles and Apparels10
COTTON PRODUCTION OVER THE PAST FEW YEARS
HAS BEEN VOLATILE
28
30.7
29
30.5
33.9
35.3
35.6
39.8
38.6
33.8
35.1
0
5
10
15
20
25
30
35
40
45
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Source: The Cotton Corporation of India Ltd, Aranca Research
Production of raw cotton in India grew from 28 million bales in FY07
and further increased to 35.1 million bales in FY17
During FY07-17, raw cotton production expanded at a CAGR of 2.3
per cent
During FY16, of the overall amount of raw cotton produced in the
country, domestic consumption totalled to 30 million bales, while in
FY151, the domestic consumption of raw cotton stood at 30.4 million
bales
Raw cotton and man-made fibres are major segments in this
category
Raw wool and raw silk are other components – their production
levels are much lower
Visakhapatnam port traffic (million tonnes)Production of raw cotton (million bales)
Note: CAGR - Compounded Annual Growth Rate; One Bale - 170 kilogram
11. For updated information, please visit www.ibef.orgTextiles and Apparels11
PRODUCTION OF MAN-MADE FIBRE HAS BEEN
RISING
1.14
1.24
1.07
1.27
1.29
1.23
1.26
1.3
1.3
1.3
1.4
0.46
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
Source: Ministry of Textiles
Production of man-made fibre has also been on an upward trend
Production stood at 1.347 million tonnes in FY16 with the figure
reinforcing a recovery from 2009 levels
During FY171, production of man-made fibre in India stood at 1.364
million tonnes and the production until July 2017 in FY18 has been
0.455 million tonnes
Visakhapatnam port traffic (million tonnes)Production of man-made fibre (million tonnes)
Note: * - Provisional figures; * - Data as of July 2017
12. For updated information, please visit www.ibef.orgTextiles and Apparels12
COTTON IS THE MAJOR SEGMENT IN YARN AND
FABRIC … (1/2)
4,712
4,372
4,867
5,309
5,488
5,665
5,662
1,884
0
1,000
2,000
3,000
4,000
5,000
6,000
FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18*
Source: Ministry of Textiles
Production of yarn grew to 5,662 million Kgs in FY17 from 4712
million Kgs in FY11,implying a CAGR of 3.11 per cent.
Cotton yarn accounts for the largest share in total yarn production; in
FY17, the segment’s share amounted to 71.64 per cent.
Production of yarn between April to July’17 stood at 1,884 million Kg.
Visakhapatnam port traffic (million tonnes)Production of yarn (Million kg)
Note: * - Provisional figures; * - Data as of July 2017
13. For updated information, please visit www.ibef.orgTextiles and Apparels13
COTTON IS THE MAJOR SEGMENT IN YARN AND
FABRIC … (2/2)
Fabric production in the country rose to 64,775 million square metre
in FY171 from 52,665 million square metres in FY07, implying a
CAGR growth of 2.09 per cent.
Cotton yarn, a major segment in FY15, accounted for more than 57
per cent share in fabric production, with the share reaching to 59.98
per cent in FY171
Fibre production in India is expected to reach 10 million tonnes by
2017-18, growing from 9 million tonnes in 2015-16.
Cotton’s high prices in 2016-17 will encourage farmers to grow more
cotton in 2017-18. The area under cotton cultivation will increase by
7 per cent to reach 11.3 million hectares in 2017-18, due to better
returns on improved crop yield in 2016-17.
Visakhapatnam port traffic (million tonnes)Fabric production (million square metre)
27,196
26,898
28,914
31,718
30,570
33,870
35,513
36,959
38,440
38,853
21,173
20,534
22,840
21,675
20,567
18,797
17,094
16,924
15,335
13,963
6,888
6,766
7,767
8,278
8,468
9,282
10,062
10,449
10,809
11,039
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Cotton 100% Non-Cotton Blended
Source: Ministry of Textiles
Note: Figures mentioned are as per latest data available, 1 - Provisional figures till March 2017
14. For updated information, please visit www.ibef.orgTextiles and Apparels14
EXPORTS HAVE POSTED STRONG GROWTH OVER
THE YEARS
17.6
19.1
22.1
21.2
22.4
27.8
33.3
33.1
37.6
37.7
36.8
36.6
2.7
2.8
3.3
3.5
3.4
4.2
5.2
5.4
5.3
6.0
5.9
6.0
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
FY06
FY07
FY08
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
Exports Imports
Source: Ministry of Textiles, Budget 2015
Exports have been a core feature of India’s
textile and apparel sector, a fact corroborated by
trade figures
Exports in textile and apparel sector stood at
US$ 36.63 billion in FY17.
As of November 2016, the government has
extended the duty drawback facility on all textile
products and increased the rates in some cases
for 1 year to boost exports in the sector
The Goods and Services Tax that rolled out in
July 2017 is expected to make imported
garments cheaper by 5-6 per cent, as the GST
regime will levy 5 per cent tax for both domestic
textile manufacturers and importers.
India took the top spot in market share in the
men/boys knitwear shirts cotton' category with
respect to garment exports to the US between
January-June 2017, ^
Visakhapatnam port traffic (million tonnes)India's textile trade (US$ billion)
Note: ^ - as per data released by the Office of Textile and Apparel, US department of commerce.
15. For updated information, please visit www.ibef.orgTextiles and Apparels15
READYMADE GARMENTS AND COTTON TEXTILES
DOMINATE EXPORTS
Note: Others include coir and coir manufacturers and jute
Source: Ministry of Textiles, Aranca Research, Office of the Textile Commissioner , Government of India
Visakhapatnam port traffic (million tonnes)Shares in India’s textile exports (FY17) The domestic textile and apparel has been one of the largest
contributors to India’s exports. During FY17, India exported textile
items worth US$ 36.6 billion. Ready made garments had a share of
47.7 per cent in these exports and reached US$ 17.5 billion. During
the same period, fibre, yarn, fabric, and made ups exports reached
US$ 2.5 billion, US$ 5.3 billion, US$ 4.3 billion, and US$ 4.7 billion,
respectively
During April-June 2017, India exported cotton items worth US$ 4.6
billion which includes cotton yarn, fiber, fabric, made ups, and ready
made garments from cotton. Handicrafts reached US$ 443.64 million
during the same period and had a share of 4.53 per cent in overall
textile exports.
47.69%
6.88%
14.36%
11.78%
12.89%
6.39%
Ready Made Garments
Fibre
Yarn
Fabrics
Made Ups
Other Textiles
16. For updated information, please visit www.ibef.orgTextiles and Apparels16
KEY PLAYERS IN THE INDUSTRY
Source: Annual Reports, Aranca Research
Company Business areas
Welspun India Ltd Home textiles, bathrobes, terry towels
Vardhman Group Yarn, fabric, sewing threads, acrylic fiber
Alok Industries Ltd
Home textiles, woven and knitted apparel fabric, garments and
polyester yarn
Raymond Ltd Worsted suiting, tailored clothing, denim, shirting, woollen outerwear
Arvind Mills Ltd
Spinning, weaving, processing and garment production (denims,
shirting, khakis and knitwear)
Bombay Dyeing and Manufacturing Company Ltd
Bed linen, towels, furnishings, fabric for suits, shirts, dresses, saris in
cotton and polyester blends
Garden Silk Mills Ltd Dyed and printed fabric
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Porter’s Five Force Framework Analysis
Low – Significant presence of small
suppliers has reduced the bargaining
power
Bargaining Power of Suppliers
High – Low cost substitute products from
countries like Pakistan and Bangladesh
Threat from unorganised sector
Threat of Substitutes
High – Intense competition between
established brands and private label
brands
Industry is highly fragmented with
organised sector contributing only 31 per
cent in 2011
Competitive Rivalry
Medium – 100 per cent FDI (automatic
route) is allowed in the Indian textile
sector
A few large suppliers are focusing on
forward integration
Threat of New Entrants
High – Major clothing brands have better
bargaining power over textile
manufacturers, as the product
differentiation is low and number of
players are high and fragmented
Bargaining Power of Buyers
Positive Impact
Neutral Impact
Negative Impact
Source: PricewaterhouseCoopers, Techopak
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NOTABLE TRENDS IN INDIA’S TEXTILE SECTOR
Source: Ministry of Textiles, Geotechnical
Note: TUFS - Technology Upgradation Fund Scheme
Ministry of Textiles is encouraging investments through increasing focus on schemes such as Technology Up-gradation
Fund Scheme (TUFS) and cluster development activities
The Ministry of Textiles released a subsidy of US$259.79 million in FY17.
Increasing
investment in
TUFS
Multi-Fibre
Arrangement
(MFA)
Public-Private
Partnership (PPP)
Technical textiles
With the expiry of MFA in January 2005, cotton prices in India are now fully integrated with international rates. In 2014,
the government has cleared 13 proposal of new textile parks in different states.
The Ministry of Textiles commenced an initiative to establish institutes under the Public-Private Partnership (PPP)
model to encourage private sector participation in the development of the industry
Technical textiles, which has been growing at around twice the rate of textiles for clothing applications over the past few
years, is now estimated to post a CAGR of 20 per cent over FY11-17
US$ 70.83 million has been allocated to promote the use of geotechnical textiles in the North East states.
20. For updated information, please visit www.ibef.orgTextiles and Apparels20
STRATEGIES ADOPTED
Source: Annual Reports and Company Presentations, Aranca Research
As of November 2016, the Ministry of Textiles signed MoUs with 20 e-commerce firms to engage with various handloom
and handicraft clusters.
In strategic alliance with importers from UAE, the 1st ever exhibition of, “Incredible Indian Textiles” was held in Dubai in
February 2017. The event was organised by Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) of India
and witnessed participation of 19 Indian companies.
In March 2017, Welspun India Ltd opened a new plant - Needle Entangled Advance Textile Plant in Anjar, Gujarat, to
manufacture multi-layer composites for various applications. The plant is worth US$ 23.35 million.
Focus on high
growth domestic
market
Focus on forward
integration
Diversification
In February 2017, Future Retail, entered into an agreement with UK based home furnishing brand - Laura Ashley, to
operate and own stores and websites in India
The Indian fashion retailers online market is poised to grow to US$ 30 billion by the 2020, currently the online market is
valued at US$ 7-9 billion.
Raymond group under its group company J.K.Helene Curtis is looking to ramp up male grooming segment by
unleashing new variants of shampoos and deos
Focus on
backward
integration
During Textiles India 2017, the Ministry of Textiles signed 65 memorandum of understandings (MoUs). MoUs were
signed between various domestic and international organizations from industry and government; three of the MoUs
signed are G2G MoUs. The MoUs signed relate to exchange of information and documentation, Research &
Development, commercialization of handloom products and silk production, cooperation in Geo textiles, skill
development, supply of cotton and trade promotion with overseas partners, etc.
Promotion of
Khadi
The Government of India plans to connect around 50 million women in Indian villages to charkha (spinning wheel) in the
next five years with the aim of providing employment and promoting the khadi brand.
22. For updated information, please visit www.ibef.orgTextiles and Apparels22
STRONG FUNDAMENTALS AND POLICY SUPPORT
AIDING GROWTH
Note: TCIDS - Textile Center Infrastructure Development Scheme, APES - Apparel Park for Exports Scheme
Note: Ministry of Textiles, Aranca Research
Rising demand in exports
Increasing demand in domestic
market due to changing taste
and preferences
Growing population driving
demand for textiles
Growing demand
Growing domestic and foreign
investments
Government setting up SITPs
and Mega Cluster Zones
Increasing loans under TUF
Policy support
100 per cent FDI in textile sector
US$ 140billion of foreign
investments are expected.
Government investment
schemes (TCIDS and APES)
Increasing investments
Inviting
Resultingin
23. For updated information, please visit www.ibef.orgTextiles and Apparels23
CHANGING DEMOGRAPHICS HAS ALSO
CONTRIBUTED SIGNIFICANTLY TO THE SECTOR
0.69
0.85
1.03
1.2
1.26
1.28
1.29
1.33
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1980 1990 2000 2010 2014 2015 2016 2017 E
Source: World Bank
By 2014, India’s population had almost doubled compared to figures
30 years before
India’s growing population has been a key driver of textile
consumption growth in the country
Moreover, according to World Bank, urban population accounts for
32.7 per cent of the total population of India. This also works as
demand driver due to changing taste and preferences in the urban
part of India
It has been complemented by a young population which is growing
and at the same time is exposed to changing tastes and fashion
• Complementing this factor is rising female workforce participation
in the country
Visakhapatnam port traffic (million tonnes)India‘s population in billions
CAGR 1.72%
Note: E – estimated
24. For updated information, please visit www.ibef.orgTextiles and Apparels24
945.90
1,058.00
1,179.30
1,288.60
1,403.00
1,538.50
-2.00%
-1.00%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
-
200.00
400.00
600.00
800.00
1,000.00
1,200.00
1,400.00
1,600.00
1,800.00
FY12
FY13
FY14
FY15
FY16
FY17
RISING INCOMES AND A GROWING MIDDLE-CLASS
HAVE BEEN KEY DEMAND DRIVERS
Source: IMF, Mckinsey Global Institute, Aranca Research
Notes: E- Estimate, F - Forecasts
Visakhapatnam port traffic (million tonnes)Trends in per-capita income in India (US$ )
Rising incomes has been a key determinant of domestic demand for the sector; with incomes rising in the rural economy as well, the upward push
on demand from the income side is set to continue
Rising industrial activity would support the growth in the per capita income
Changing economic fortunes by income segments
1% 3% 7%2% 6%
17%
23%
25%
29%
43%
40%
32%
30% 26%
15%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2015 2020 2030
Globals(>22065.3) Strivers(11032.7-22065.3)
Seekers(4413.1-11032.7) Aspirers(1985.9-4413.1)
Deprived(<1985.9)
25. For updated information, please visit www.ibef.orgTextiles and Apparels25
EXPORTERS GAINING FROM STRONG GLOBAL
DEMAND
17.60
19.10
22.10
21.20
22.40
27.80
33.30
33.05
37.58
37.66
36.75
36.63
0.00
5.00
10.00
15.00
20.00
25.00
30.00
35.00
40.00
FY06
FY07
FY08
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
Source: Ministry of Textiles, Budget 2015
Capacity built over years has led to low cost of production per unit in
India’s textile industry; this has lent a strong competitive advantage
to the country’s textile exporters relative to key global peers
The sector has also witnessed increasing outsourcing over the years
as Indian players moved up the value chain from being mere
converters to vendor partners of global retail giants
The strong performance of textile exports is reflected in the value of
exports from the sector over the years. Textile exports witnessed a
growth (CAGR) of 8.56 per cent over the period of FY06 to FY16
In the coming decades, Africa and Latin America could very well turn
out to be key markets for Indian textiles
In April 2017, the government unveiled Textiles India 2017, its 1st
ever global B2B handicrafts and textile event, in Delhi. The event
showcased a 1000 stalls, and saw about 1,600 buyers from more
than 100 countries. Around 1,300 exhibitors and 2,000 delegates had
registered for the event and total participation, including domestic
buyers, artisans and visitors, crossed 6,000. During the second day
of the event, the Ministry of Textiles signed 65 MoUs.
Visakhapatnam port traffic (million tonnes)
Growing textile and clothing exports from India
(US$ billion)
CAGR 8.56%
Notes: MoUs- Memorandums of Understanding
26. For updated information, please visit www.ibef.orgTextiles and Apparels26
TECHNICAL TEXTILE INDUSTRY – A NEW ARENA OF
GROWTH
17.28
32
0
5
10
15
20
25
30
35
FY18E
FY23E
Source: Chamber of Commerce, Indian Technical Textile Association, Aranca Research
The major service offerings of the technical textile industry include
thermal protection and blood-absorbing materials, seatbelts and
adhesive tapes
The technical textile industry is expected to expand at a CAGR of
13.11 per cent during FY18–23 to US$ 32 billion in FY23
The targeted market size would be achieved by targeting non-woven
technical textiles
Healthcare and infrastructure sectors are major drivers of the
technical textile industry
India is expected to be a key growth market for the technical textile
sector due to cost-effectiveness, durability and versatility of technical
textiles
The government has supported the technical textile industry with an
allotment of US$ 1 billion for SMEs and an exemption in custom duty
for raw materials used by the sector
Visakhapatnam port traffic (million tonnes)Technical textile industry (US$ billion)
CAGR 13.11%
Notes: SME - Small and Medium Enterprises, E – Estimates; Figures mentioned are as per latest data available
27. For updated information, please visit www.ibef.orgTextiles and Apparels27
HOME TEXTILE INDUSTRY – GAINING ON DEMAND
FOR EXPORTS
4.7
5.5
8.20
0
1
2
3
4
5
6
7
8
9
2014
2016E
2021E
Source: Ministry of Textiles, Welspun Presentation, Technopak, Aranca Research
India’s home textile industry is expected to expand at a CAGR of 8.3
per cent during 2014–21 to US$ 8.2 billion in 2021 from US$ 4.7
billion in 2014
India accounts for 7 per cent of global home textiles trade. Superior
quality makes companies in India a leader in the US and the UK,
contributing two-third to their exports
Indian products has gained a significant market share in global home
textiles in the past few years
The growth in the home textiles would be supported by growing
household income, increasing population and growth of end use
sectors like housing, hospitality, healthcare, etc.
In 2016, Indian home textile industry is estimated at US$ 5.5 billion.
Visakhapatnam port traffic (million tonnes)Indian home textile industry (US$ billion)
CAGR 8.3%
Notes: E – Estimates
28. For updated information, please visit www.ibef.orgTextiles and Apparels28
POLICY SUPPORT HAS BEEN A KEY INGREDIENT TO
GROWTH
Investment was made to promote modernisation and up-gradation of the textile industry by providing credit at reduced
rates
US$0.23 billion has been allocated for ATUFS scheme for FY16-17, under Union Budget 2016-17
In April 2017, StalkBuyLove, an online fashion brand, has raised US$ 1 million venture debt from Trifecta Capital, to
expand its team and strengthen the supply chain technology.
Technology Up-
gradation Fund
Scheme (TUFS)
Key areas of focus include technological upgrades, enhancement of productivity, product diversification and financing
arrangements
New draft for this policy ensures to employ 35 million by attracting foreign investments. It also focuses on establishing
a modern apparel garment manufacturing centre in every North Eastern state for which Government has invested an
amount of US$ 3.27 million
National Textile
Policy - 2000
FDI of up to 100 per cent is allowed in the textile sector through the automatic route
Foreign Direct
Investment
SITP was set up in 2005 to provide necessary infrastructure to new textile units; under SITP, 40 projects (worth US$
678 million) have been sanctioned
Out of these 40 projects, 27 have started production. 16 projects has been completed in November 2014. Government
has invested a total of US$ 21.96 million for 21 new textile parks and the remaining 13 textile parks has been given the
in-principle approval under SITP. In 2015, textile parks set up under the Scheme for Integrate Textile Park (SITP)
attracted an investment of US$ 4.58 billion.
Scheme for
Integrated Textiles
Parks (SITP)
Government of India has planned an increase in the fund outlay for technical textiles industry to more than US$ 117
million during the current 12th Five Year Plan (2012-17)
Technical textile
industry
Source: Company website
29. For updated information, please visit www.ibef.orgTextiles and Apparels29
TEXTILE SEZs IN INDIA
Source: SEZ India invest.com, Aranca Research
Name of SEZ and
status
State
Area
(hectares)
Sector Details
Mahindra City SEZ
(Functional)
Tamil Nadu 607.1
Apparel and
fashion
accessories
Mahindra City is India’s first integrated business city, divided into
business and lifestyle zones. It is a cluster of 3 sector specific SEZs in
Tamil Nadu, for apparels and fashion accessories; IT and hardware;
and auto ancillary. The business zone provides plug-n-play working
spaces. This zone comprises a SEZ (primarily for exporters) and
Domestic Tariff Area (DTA) for companies targeting domestic market
Surat Apparel Park
(Functional)
Gujarat 56.0 Textiles
Key industrial units include Safari Exports, Venus Garments,
Benchmark Clothings, P. K. International, Tormal Prints, J.R. Fashion
and Ganga Export
Brandix India Apparel
City (BIAC) (Functional)
Andhra
Pradesh
404.7 Textiles
BIAC is an integrated apparel supply chain city, managed by Brandix
Lanka Ltd. It aims to be a end-to-end apparel solution provider
(KIADB) (Functional) Karnataka 16,129.0 Several sectors
Karnataka Industrial Areas Development Board (KIADB) is a wholly
owned infrastructure agency of Government of Karnataka. Till date,
KIADB has formed 132 industrial areas spread all over the state
As of September 2016, 4 per cent of the total operational SEZs in India are for Textile and Apparel industry
Notes: KIADB - Karnataka Industrial Areas Development Board, SEZ - Special Economic Zone
30. For updated information, please visit www.ibef.orgTextiles and Apparels30
KEY TEXTILES AND APPAREL ZONES IN INDIA
North: Kashmir, Ludhiana and Panipat account for
80 per cent of woollens in India
West: Ahmedabad, Mumbai,
Surat, Rajkot, Indore and
Vadodara are the key places for
cotton industry
East: Bihar for jute, parts of Uttar
Pradesh for woollen and Bengal
for cotton and jute industry
Note: 2011-12 As Per Latest Available Information
South: Tirupur, Coimbatore and Madurai for hosiery.
Bengaluru, Mysore and Chennai for silk
Source: Aranca Research
Major textile and apparel zones
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M&A ACTIVITY UP IN THE SECTOR
Prominent M and A deals
Period: January 2000 to April 2017
Source: MandA,” Thompson ONE Banker, Grant Thornton, CMIE, Aranca Research
Date Acquirer name Target name
Deal size
(US$ million)
June 2014 Future Lifestyle Fashions Ltd Unico Retail Pvt Ltd NA
October 2014 Biba Apparels Pvt Ltd. Anjuman Brand Designs Pvt Ltd NA
May 2015 Oasis Procon Pvt Ltd
Bombay Dyeing and Manufacturing
Company Ltd
37.67
NA BR Machine Tools Pvt Ltd Bombay Rayon Fashions Ltd 721.1
March 2016 Sutlej Textiles and Industries Ltd Birla Textile Mills NA
January 2017 Soch
L Catterton, Westbridge and CX
Partners
200
February 2017 Saks and Company Aditya Birla Group NA
April 2017 Myntra InLogg NA
M and A activity in the sector has been picking up pace over the years
• Some of the major M and A deals are listed below:
32. For updated information, please visit www.ibef.orgTextiles and Apparels32
FOREIGN INVESTMENTS FLOWING INTO THE
SECTOR
817.26
956.97
1,122.17
1,226.02
1,424.92
1,587.83
1,852.47
2,471.42
2,551.40
0
500
1000
1500
2000
2500
3000
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18*
Source: Ministry of Commerce and Industry, DIPP, * - Data as of June 2017
100 per cent FDI is approved in the sector
Indian textile industry experienced noticeable growth in FY17, as FDI
in the sector increased to US$ 2471.42 million in FY17 from US$
1852.47 million in FY16
During FY10-18*, FDI in textiles and apparel industry grew at a
CAGR of 17.13 per cent
The textiles industry in India is experiencing a significant increase in
collaboration between global majors and domestic companies
International apparel giants, such as Hugo Boss, Liz Claiborne,
Diesel and Kanz, have already started operations in India
Furthermore, the Government of Gujarat expects that the extension
of its textile policy by a year will attract investments worth Rs 5,000
crore (US$ 774.89 million) in various sectors across the value chain.
Visakhapatnam port traffic (million tonnes)Trends of FDI in Textile Industry (US$ million)
CAGR 17.13%
34. For updated information, please visit www.ibef.orgTextiles and Apparels34
OPPORTUNITIES … (1/2)
The Indian textile industry is set for
strong growth, buoyed by both strong
domestic consumption as well as export
demand
The sector is expected to reach US$
226 billion by FY2023
Population is expected to reach to 1.34
billion by FY2019
Urbanisation is expected to support
higher growth due to change in fashion
and trends
Immense growth potential
The Central Silk Board sets targets for
raw silk production and encourages
farmers and private players to grow silk
To achieve these targets, alliances with
the private sector, especially major agro-
based industries in pre-cocoon and post-
cocoon segments has been encouraged
Private sector participation in silk
production
For the textile industry, the proposed
hike in FDI limit in multi-brand retail
will bring in more players, thereby
providing more options to consumers
It will also bring in greater investments
along the entire value chain – from
agricultural production to final
manufactured goods
With global retail brands assured of a
domestic foothold, outsourcing will
also rise significantly
Proposed FDI in multi-brand retail
35. For updated information, please visit www.ibef.orgTextiles and Apparels35
OPPORTUNITIES … (2/2)
With consumerism and disposable
income on the rise, the retail sector has
experienced a rapid growth in the past
decade with several international
players like Marks and Spencer, Guess
and Next having entered Indian market
The organised apparel segment is
expected to grow at a Compound
Annual Growth Rate of more than 13
per cent over a 10-year period
India and Bangladesh plans to increase
their cooperation in order to increase
promote the investment and trade of
jute and fabrics
Future Group plans to expand with 80
stores in order to reach the target sales
of 80 million units. This would add to
their portfolio of 300 stores spread
across the country
Retail sector offers growth potential
The CoEs are aimed at creating testing
and evaluation facilities as well as
developing resource centres and training
facilities
Existing 4 CoEs, BTRA for Geotech,
SITRA for Meditech, NITRA for Protech
and SASMIRA for Agrotech, would be
upgraded in terms of development of
incubation centre and support for
development of prototypes
Fund support would be provided for
appointing experts to develop these
facilities
Centers of Excellence (CoE) for
research and technical training
The government is taking initiatives to
attract foreign investments in the
textile sector through promotional
visits to countries such as Japan,
Germany, Italy and France
According to the new Draft of the
National Textile Policy, the
government is planning to attract
foreign investments thereby creating
employment opportunities to 35 million
people
FDI inflows in textiles sector, inclusive
of dyed and printed textile, stood at
US$ 2.55 billion from April 2000 to
June 2017
Foreign investments
Notes: BTRA - The Bombay Textile Research Association, SITRA - South India Textile Research Association, NITRA - Northern India Textile Research Association, SASMIRA -
Synthetic and Art Silk Mills Research Association
37. For updated information, please visit www.ibef.orgTextiles and Apparels37
RAYMOND: A LONG JOURNEY OF SUCCESS
Source: Company website
1900-1950 1951–2000 2001-2010 2010 onwards
Setup of The Raymond
Woollen mill in the area
around Thane creek.
Setup of a new manufacturing
activity for making indigenous
engineering files known as JK
Files and Tools. This has now
become the largest facility of
its kind in the world.
The first exclusive Raymond
Retail showroom, King's
Corner, was opened in 1958
at Ballard Estate in Bombay.
Raymond setup a readymade
garments plant at Thane.
A new manufacturing facility
was set up at Jalgaon.
Launch of "Park Avenue", the
premium lifestyle brand for
men
The first showroom abroad for
Raymond in Oman.
Set up new manufacturing
facility was at Chhindwara,
near Nagpur.
Launch of "Parx", a premium
casual wear brand
Launch of "Be:“ - line of ready-
to-wear designer clothing
Acquisition of ColorPlus.
Setup of 'Silver Spark Apparel
Ltd.'
Super 220S fabrics under the
Chairman's Collection.
Set of Raymond's third
worsted unit at Vapi in
Gujarat.
Launch of design studio in
Italy
Launch of Zapp! - kidswear
brand
Joint Venture to retail
premium brand ‘GAS
Launch of 'Raymond Finely
Crafted Garments
Launch of 'Neckties and More
Launch of 'Makers' brand in
the value for money fabric
segment.
600th The Raymond Shop
outlet opened.
Raymond Premium Apparel
crossed Rs. 1 bn mark.
Pan-India launch of ‘Makers’
brand.
38. For updated information, please visit www.ibef.orgTextiles and Apparels38
WELSPUN INDIA: WORLD’S LARGEST HOME TEXTILE
COMPANY
Revenue and EBITDA (US$ million)
495.0
537.0
612.0
672.0
725.0
880.0
913.5
887.6
0.0
100.0
200.0
300.0
400.0
500.0
600.0
700.0
800.0
900.0
1,000.0
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
Revenue
Welspun India was incorporated in 1985, with presence in more than
50 countries. The company is the world leader in a range of home
textiles products
Welspun ranked 1st in home textile supplies to US in FY16 *.
During FY10-17, revenue of Welspun increased at a CAGR of 8.7
per cent, in US$ terms
Source: Company website, Annual Report, Media sources
Capacity – 60,000 MT/Year
Location - Anjar/Vapi
Capacity utilisation - 102%
Terry towels
Capacity – 72 million metre/Year
Location - Anjar
Capacity utilisation - 97%
Bed linen products
Capacity – 8,000 MT/Year
Location - Vapi
Capacity utilisation - 58%
Rugs
Note: EBITDA – Earnings before interest, tax, depreciation and amortisation, * - Home and Textiles Today
39. For updated information, please visit www.ibef.orgTextiles and Apparels39
TIRUPUR: TEXTILES HUB OF INDIA
Source: Company website, Annual Report
The city has more than 5000 garment manufacturing and job work
units and is one of the most organised processing and finishing
garment clusters in India
Its hosiery hub became the 1st textile cluster in India to comply with
zero liquid discharge guidelines
The textiles industry in Tirupur contributes about 80 per cent to
India’s hosiery exports and around 3 per cent to total export trade
Exports from Tirupur increased at a CAGR of 7.23 per cent from
US$ 1.4 billion in FY05 to US$ 3.5 billion in FY17*
Exports are expected to reach US$ 6.5 billion by 2018
The city, Tirupur, plans to overtake Bangladesh, China in apparel
exports in future
The Government of India granted the city the status of Town of
Export Excellence
To diversify from cotton, firms in Tirupur is evaluating the process to
manufacture swim wear and sports wear
Exports from Tirupur (US$ billion)
1.4
1.9
2.4
2.5
2.5
2.4
2.7
2.6
2.4
3.0
3.4
3.4
3.5
6.5
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
FY05
FY06
FY07
FY08
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17*
FY18E
CAGR 7.23%
Note: * - data from April 2016 to February 2017; CAGR upto FY17*
41. For updated information, please visit www.ibef.orgTextiles and Apparels41
INDUSTRY ORGANISATIONS
Visakhapatnam port traffic (million tonnes)The Textile Association (India) (TAI) The South India Textile Research Association (SITRA)
Address: 13/37, Avanashi Road, Coimbatore - 641 014,
Tamil Nadu
Phone: 91 422 2574367, 6544188, 4215333
Fax: 91 422 2571896, 4215300
E-mail: sitraindia@dataone.in
Website: www.sitra.org.in
Address: 72-A, Santosh, Dr M B Raut Road, Shivaji Park,
Dadar,
Mumbai- 400 028
Telefax: 91 22 24461145
Website: www.textileassociationindia.org
Northern India Textile Mills’ Association (NITMA)
Address: 121, Gagandeep Building (First Floor), 12,
Rajendra Palace,
New Delhi- 110 008
E-mail: nitma@vsnl.net, nitma@airtelmail.in
Website: www.nitma.org
43. For updated information, please visit www.ibef.orgTextiles and Apparels43
GLOSSARY
BTRA: Bombay Textile Research Association
CAGR: Compound Annual Growth Rate
FDI: Foreign Direct Investment
FY: Indian Financial Year (April to March)
GOI: Government of India
INR: Indian Rupee
NITRA: Northern India Textile Research Association
NTC: National Textiles Corporation
NTP: National Textile Policy SASMIRA: Synthetic and Art
Silk Mills Research Association
TUFS: Technology Upgradation Fund Scheme
TMC: Technology Mission on Cotton
US$: US Dollar
Wherever applicable, numbers have been rounded off to
the nearest whole number
44. For updated information, please visit www.ibef.orgTextiles and Apparels44
EXCHANGE RATES
Year INR Equivalent of one US$
2004–05 44.81
2005–06 44.14
2006–07 45.14
2007–08 40.27
2008–09 46.14
2009–10 47.42
2010–11 45.62
2011–12 46.88
2012–13 54.31
2013–14 60.28
2014-15 61.06
2015-16 65.46
2016-17 67.09
Q1 2017-18 64.46
Q2 2017-18 64.29
Year INR Equivalent of one US$
2005 43.98
2006 45.18
2007 41.34
2008 43.62
2009 48.42
2010 45.72
2011 46.85
2012 53.46
2013 58.44
2014 61.03
2015 64.15
2016 67.21
H1 2017 65.73
Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)
Source: Reserve bank of India, Average for the year
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