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TEXTILE INDUSTRIES
IN INDIAN ECONOMY
Introduction
What does a textile industries comprise of ?
Cotton Textiles
Silk Textiles
Woollen Textiles
Ready Made Garments
Handicrafts
Jute
Coir & Coir Products
% export
share
AHMEDABA
D
Manchester of
= INDIA
Kanpur another textile industry in India also has the soubriquet
"Manchester of the East"
An
Overview
Indian textiles and clothing (T&C) industry is extremely varied :
Industry contributes about
14% to industrial production
4% to GDP
8% excise and customs revenue collections.
17 % to country's export earnings
Largest provider of employment after agriculture
Direct employment to over 35 million people
50 million engaged in allied activities
Self reliant in the entire value chain fibre to fashion
Supports agriculture in over 9.5 million hectares of land where cotton is
cultivated.
SPENDING PATTERNS IN
INDIA IN APPAREL CATEGORY
SPENDING PATTERNS IN
INDIA IN APPAREL
CATEGORY
According to Technopak analysiswomens
wear market is growing faster than other
apparel markets and is expected to grow at
a CAGR of 14% by 2020.
Meanwhile Mens apparel market is
presently growing steadily at a CAGR of
over 15% percent.
GROWING TEXTILE
ECONOMY
Textiles exports stood at US$ 28.53 billion during April 2013January 2014 as compared to
US$ 24.90 billion during the corresponding period of the previous year, registering a growth of
14.58 per cent.
Garment exports from India is expected to touch US$ 60 billion over the next three years, with
the help of government support, said Dr A Sakthivel, Chairman, Apparel Export Promotion
Council (AEPC).
INCREASING MARKE
T SIZE
Period of Rise
Material
Percentage increase
10 per cent
10 per cent
8 per cent
6 per cent
Cloth production by mill sector
2 per cent
9 per cent
Government Initiatives
Some of initiatives taken by the government to further promote the industry are as under:
Under revival, reform and restructuring (RRR) package, financial assistance to the tune of
Rs 1,019 crore (US$ 169.66 million) has been approved and the Indian government has released Rs 741
Government of India plans to set up a US$ 60 billion target for the current financial year, a jump of over 30 per cent from
The Cabinet Committee on Economic Affairs (CCEA) has approved an Integrated Processing Development
Scheme (IPDS) with a corpus of Rs 500 crore (US$ 83.28 million) to make textiles processing units more
SOME INDIAN
TEXTILE
INDUSTRIES
ACHEIVEM
ENT
Year
Target
Achievement
2011-12
27000
33310
(inUS$ Million)
2012-13
38000
34933
2013-14
34000
39310
Education(Textiles/Fashion)
Natinal Institute of Fashion
Technlogy
Apparel Training & Design Ce
ntre
Sardar Vallabhbhai
Patel Institute of Textile M
WOMEN
EMPOWERMENT
6% empoyees women in
Northern India
9% empoyees women in Central India
17% empoyees women in Southern India
In southern India's Tirupur town the industry employs
400,000 workers regularly and an additional 500,000
seasonally where most of them women .