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Textile Industry In India A Swot

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Page 1: Textile Industry In India A Swot
Page 2: Textile Industry In India A Swot

•The global textile & apparel industry generated total revenue of USD 1467.5 Billion.

•The global apparel and accessories industry generated total revenues of USD 1,098.6 Billion in 2005; equivalent to 74.9% of the overall industry value.

•The global textile sector was worth USD 214.7 Billion in 2005, which represented 14.6% of the Industry value share.

•The global textile & apparel industry is expected to reach a value of USD 1,781.7 Billion by the end of 2010.

Source: Ernst & Young India

Page 3: Textile Industry In India A Swot

• India contributes to about 25% share in the world trade of cotton yarn.

• India, the world’s third-largest producer of cotton and second-largest producer of cotton yarns and textiles, is poised to play an increasingly important role in global cotton and textile markets as a result of domestic and multilateral policy reform.

• Indian textile industry contributes about 22 % to the world spindleage and about 6 % to the world rotor capacity installed .

• India has second highest spindleage in the world after China with an installed capacity of 38.60 Million

Page 4: Textile Industry In India A Swot

• Textile industry contributes about 61% of the world loomage.

• Indian textile industry has the highest loomage (including handlooms) in the world and contributes about 61% of the world loomage.

• It contributes about 12% to the world production of textile fibers and yarns.

• India is one of the largest consumers of cotton in the world, ranking second to China in production of cotton yarn and fabrics and first in installed spinning and weaving capacity

• Total consumption of cotton/ man-made fibers and filament yarns is 5155 Million Kg (2004-05)

Page 5: Textile Industry In India A Swot

• Through export friendly government policies and positive efforts by the exporting community, textile exports increased substantially from USD 7.55 Billion in 1993-94 to USD 17 Billion in 2005-06.

• The ready made garment sector is the biggest segment in the India’s textile export basket contributing over 46% of the total textile exports.

• Export of cotton based items continue to pre-dominate which is natural in view that India is the world’s third-largest producer of cotton

• Exports have grown at an average of 9.47% p.a over the last

decade.

• Textiles exports (including Jute, Coir & handicraft): USD 13065.24 Million (2004-05).

Page 6: Textile Industry In India A Swot

Commodities 2005-06

(Million USD)

Readymade garments 6038.69

Cotton textiles 3290.31

Man-made textiles 1948.72

Wool & woolen textiles 66.57

Silk textile 406.82

Total 11751.11

Add Handicraft , Coir & coir manufacturers and

Jute

Total 13065.24

Page 7: Textile Industry In India A Swot

PRODUCTION OF FIBRES India

(Million Kg)

Raw cotton 4122

Man-made fibre 1023

PRODUCTION OF YARN

Cotton yarn 2272

Total spun yarn 3223

Man-made filament yarn 1109

Source: Compendium of Textile Statistics 2006,Office of Textile Commissioner

Page 8: Textile Industry In India A Swot

Strength

•Post 2005, removal of quota restrictions to give a major boost.

•Export target in textile at USD 50 Billion by 2010.

•Low per capita consumption in India (2.8 vs. Global average of 6.8).

•Cost competitiveness.

Source: Compendium of Textile Statistics 2006,Office of Textile Commissioner

Page 9: Textile Industry In India A Swot

• Fragmented Industry

• Effect of Historical Government Policies

• Technological Obsolescence

Page 10: Textile Industry In India A Swot

• Indian companies need to focus on Product Development

• Increased use of CAD to develop designing capabilities

• Investing in Trend Forecasting to enable the growth of industry

The growth opportunities exist in following areas:

Medical textiles

Construction textiles

Packaging textiles

Baby diapers

Home textiles( with fire-retarded fabric)

Blankets and Traveling rugs

Bed, tale, toilet and kitchen linen

Curtains, drapes, interior blinds

Furnishing articles

Sacks and bags

Tarpaulin, sail, tent, camping goods

Page 11: Textile Industry In India A Swot

• Competition in Domestic Market

• Need to improve the Working Conditions of the people who are involved in this profession.

• Need to revamp Consumer Consciousness

• Tackle Chinese Aggression over the International Market

Source: KPMG India

Page 12: Textile Industry In India A Swot

Large Composite Textile/ Apparel/Made-ups/Garment Manufacturers

Arvind Mills

Welspun Group

Raymond

Alok Industries

Madura Garments

Composite Units/ Fibres &Filaments manufacturers

Ashima Group

Reliance Industries

Garden Silk Mills

Mafatlal Industries

Ahmed

abad

Ahmedabad is the leading manufacturer of cotton and blended textile. It

is also one of the largest producer of denim in the world. Government

has taken active steps to develop Apparel Park for overall growth of

textile sector.

Surat Surat is the country’s strongest base for non cotton fabrics.

Page 13: Textile Industry In India A Swot

• Setting up Textile Industries oriented SEZs

• Starting up new courses like Textile Manufacturing and Textile Technology at ITIs and Engineering Institutes

• Liberalized labour laws, tax and other benefits of a Special Economic Zone need to be implemented

• Access to high quality and cost-effective manpower

• Excellent connectivity by road, rail air and ports

• Single-window clearance

Page 14: Textile Industry In India A Swot