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Textile Industry Ppt 1

Textile Industry Ppt 1

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Published by mayankrkjain

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Published by: mayankrkjain on Jan 23, 2012
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01/23/2012

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SWOT Analysis
Strengths:
I
ndian Textile
I
ndustry
is an Independent & Self-Reliant industry.
Abundant Raw Material availability that helps industry tocontrolcosts andreduces the lead-timeacross theoperation.
Availability of Low Cost and Skilled Manpower providescompetitiveadvantage to industry.
Availability of large varieties of cotton fiber and has afastgrowing syntheticfiber industry.
India has great advantage in Spinning Sector and hasapresencein all processofoperation and value
chain.
 
W
eaknesses:
Indian Textile Industry ishighly Fragmented Industry.
Industry is highly dependent on Cotton.
Lower Productivity in varioussegments.
There is Declining in Mill Segment.
Lack ofTechnological Development that affectthe productivityandother activities in wholevalue chain.
Infrastructural Bottlenecks and Efficiency such as,TransactionTime at Ports andtransportationTime.
Unfavorable labor Laws.
Lack of Trade Membership, which restrict to tapotherpotentialmarket.
Lacking to generate Economies of Scale.
Higher Indirect Taxes, Power and Interest Rates
 
Oppo
rtunities:
G
rowth rate of Domestic TextileIndustry is 6-8% perannum.
Large, Potential Domestic and International Market.
Product development and Diversification to cater globalneeds.
Elimination of Quota Restriction leads to greater MarketDevelopment.
Market is gradually shifting towards BrandedReadymade
G
arment.
Increased Disposable Income and Purchasing Power ofIndian Customeropens New Market Development.
Emerging Retail Industry and Malls provide hugeopportunitiesfor theApparel, Handicraft and othersegmentsof the industry.
G
reater Investment and FDI opportunities are available.

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