Indian Textile Industry
This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA
Overview
Download & View Indian Textile Industry as PDF for free.
More details
- Words: 253
- Pages: 6
Indian Textile Industry
History
Pre Independence Post Independence Post liberalisation Recent years
The shape of the textile industry in India
Large Industry – 3% of GDP, 27% of Forex earnings, 21% of total employment Very large unorganised sector – about 76% of total fabrics production Market is very diverse, does not lend itself to comparative studies in terms of market share etc.
Major players
Welspun India •
Asia’s largest and world’s 4th largest terry towel manufacturer
•
Supply to Wal-mart, Hilfiger Sales grew by 35% to reach 650 cr in 05-06
•
Alok Industries • •
Arvind Mills •
72% share of Indian Denim market
Gokaldas exports • •
Largest processing capacity in India Sales grew by 15% to 1285 cr
95% revenue comes from the export market 20% growth in sales, reached 860 cr in 05-06
Other major players like Raymond, Siyaram silk mills, mahavir spinning mills etc.
The global scenario
The end of the MFA arrangement Competitiveness of Indian industry • • •
Low level of modernisation Fragmented nature – low capacities Infrastructure, Labour laws
Exports have risen by 10% but at the same time China’s exports have risen by more than 20%, even countries like Pakistan and Bangladesh have done better
The light at the end of the tunnel
China muzzled Viable option for those looking to spread out risk Indian govt waking up Domestic market projected to grow as well
History
Pre Independence Post Independence Post liberalisation Recent years
The shape of the textile industry in India
Large Industry – 3% of GDP, 27% of Forex earnings, 21% of total employment Very large unorganised sector – about 76% of total fabrics production Market is very diverse, does not lend itself to comparative studies in terms of market share etc.
Major players
Welspun India •
Asia’s largest and world’s 4th largest terry towel manufacturer
•
Supply to Wal-mart, Hilfiger Sales grew by 35% to reach 650 cr in 05-06
•
Alok Industries • •
Arvind Mills •
72% share of Indian Denim market
Gokaldas exports • •
Largest processing capacity in India Sales grew by 15% to 1285 cr
95% revenue comes from the export market 20% growth in sales, reached 860 cr in 05-06
Other major players like Raymond, Siyaram silk mills, mahavir spinning mills etc.
The global scenario
The end of the MFA arrangement Competitiveness of Indian industry • • •
Low level of modernisation Fragmented nature – low capacities Infrastructure, Labour laws
Exports have risen by 10% but at the same time China’s exports have risen by more than 20%, even countries like Pakistan and Bangladesh have done better
The light at the end of the tunnel
China muzzled Viable option for those looking to spread out risk Indian govt waking up Domestic market projected to grow as well
Related Documents
Indian Textile Industry
April 2020 26
Indian Textile Industry
July 2020 2
Ofi > Indian Textile Apparel Industry
November 2019 14
Investment In Indian Textile Industry
April 2020 14
Textile Industry
June 2020 15