Textile Industry: Aarti Deopure Roll No - 13
Textile Industry: Aarti Deopure Roll No - 13
Aarti Deopure
Roll no - 13
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Indian textile industry
• One of the leading and largest textile industries in
the world.
• Earns about 27% of its total foreign exchange
through textile exports
• The textile industry of India also contributes nearly
14% of the total industrial production of the country
• Contributes around 3% to the GDP of the country.
• It is also the largest in the country in terms of
employment generation
• It currently generates employment to more than 35
million people and estimated that, the industry will
generate 12 million new jobs by the year 2010.
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Indian textile industry can be divided into several
segments, some of which can be listed as below:
• Cotton Textiles
• Silk Textiles
• Woolen Textiles
• Readymade Garments
• Hand-crafted Textiles
• Jute and Coir
http://business.mapsofindia.com/india-industry/textile.html
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Benefits offered by the Indian
textile industry
• India covers 61% of the international textile market
• Covers 22% of the global market
• 3rd largest manufacturer of cotton across the globe
• 2nd largest manufacturer of cotton yarn and textiles in
the world
• 25% share in the cotton yarn industry across the globe.
• Contributes to around 12% of the world's production
of cotton yarn and textiles.
Source:http://business.mapsofindia.com/india-gdp/industries/textile.html
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SWOT of Textile Industry
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Strengths
• Vast textile production capacity
• Large pool of skilled and cheap work force
• Entrepreneurial skills
• Efficient multi-fiber raw material manufacturing
capacity
• Large domestic market
• Enormous export potential
• Very low import content
• Flexible textile manufacturing systems
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Weaknesses
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Opportunities
• Growth rate of Domestic Textile Industry is 6-8% per
annum.
• Large, potential domestic and international mar
• Product development and diversification to cat
• Elimination of Quota Restriction leads to greater
development
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Threats
Competition from other developing countries, especially
china.
Continuous quality improvement is need of the hour as there
are different demand patterns all over the world.
Elimination of quota system will lead to fluctuations in Export
Demand.
Threat for traditional market for power loom and handloom
products and forcing them for product diversification.
Geographical disadvantages.
International labor and environment laws.
To balance the demand and supply.
To make balance between price and quality.
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Global scenario
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Value chain of Textile industry in India
Of the 2300 processors in India, only 200 units are integrated with spinning,
weaving or knitting units
Bulk of apparel and home textile manufacturing accounted for by 77,000
small scale units
The textile industry across the value chain is largely decentralized
Units mostly independent and small scale in nature, rather than composite
units undertaking all activities together
Large scope for entry of organised integrated textile manufacturers
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Raymond
Raymond has the large integrated business model,
across the value chain from yarn to retail.
It already supplies to some US retailers.
It second largest denim player in India.
Its annual sales are around US $300 millions with
little less than 7% profitability.
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Vardhaman spinning
Vardhaman spinning has capacities in spinning
weaving and processing.
It is planning to double its fabrics processing capacity
to 50 million meters.
It is an approved supplier to global retailers like GaP,
target and Tom Hilfiger.
Its swales are little over US $ 120 million with 6.5%
profitability.
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Conclusion
• A huge window of opportunity has opened up for the
Indian textile industry
• Various players need to get act together
• Government is playing the role of felicitator by taking
various majors.
• Its now for players to make investment building the
capacities and making them integrated
manufacturers.
• The industry enjoys significant strength advantages,
such as availability of raw materials, labour, domestic
market and supportive government policies.
http://www.scribd.com/doc/19147714/Textile-Industry-PPT
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Thank you…
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