PRESENTED BY:
Deepti Mahajan Jayesh R Shah Sangeeta Raj Swati Pokhriyal Tarun Joshi
INSTITUTE OF MARKETING AND MANAGEMENT
FACTS •Generated total revenue of USD 1467.5 Billion. •Expected to reach a value of USD 1,781.7 Billion by the end of 2010.
Facts related to Indian textile industry India, the world’s third-largest producer of cotton and second-largest producer of cotton yarns and textiles. Indian textile industry contributes about 22 % to the world spindleage and about 6 % to the world rotor capacity installed . India contributes to about 25% share in the world trade of cotton yarn. India has second highest spindleage in the world after China with an installed capacity of 38.60 Million Total consumption of cotton/ man-made fibers and filament yarns is 5155 Million Kg (2004-05) Textile industry contributes about 61% of the world loomage. It contributes about 12% to the world production of textile fibers and yarns.
Source: Compendium of Textile Statistics 2006,Office of Textile Commissioner
Contd.. Relaunch of Vimal Some of its achievements in this sector are: •
Fluorescent shades on polyester fabrics
• Extended laundering colourfast fabrics in dope-dyed fibres •
Water and oil repellent finishes on polywool and
• Lycra stretch fabrics Wash-fast and flame-retardant fabrics
Contd..
Could large Indian players make this a competiti ve advantag e?
RECOMMENDATIO NS 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 costeffective manpower Excellent connectivity by road, rail
SOURCES www.in.kpmg.com www.ksa-technopak.com