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 worlds 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

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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

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Could large Indian players make this a competitive advantage ?

RECOMMENDATIONS 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

SOURCES
www.in.kpmg.com www.ksa-technopak.com