Analysis of growth and development of

textile industry in India

Introduction

The Textile Industry occupies a vital place in the Indian

economy and contributes substantially to its exports
earnings. Textiles exports represent nearly 30 per cent of
the country's total exports. It has a high weight age of over
20 per cent in the National production. It provides direct
employment to over 15 million persons in the mill,
powerloom and handloom sectors. India is the world’s
second largest producer of textiles after China. It is the
world’s third largest producer of cotton-after China and
the USA-and the second largest cotton consumer after
China. The textile industry in India is one of the oldest
manufacturing sectors in the country and is currently it’s
largest1.

The Textile industry occupies an important place in the

Economy of the country because of its contribution to the
industrial output, employment generation and foreign
exchange earnings. The textile industry encompasses a
range of industrial units, which use a wide variety of
natural and synthetic fibres to produce fabrics. The textile
industry can be broadly classified into two categories, the
organized mill sector and the unorganized mill sector.
Considering the significance and contribution of textile
sector in national economy, initiative and efforts are being
made to take urgent and adequate steps to attract
investment and encourage wide spread development and
growth in this sector.

The group has been accorded the status of ‘Export House’

by The Cotton Textile Export Promotion Council of India
(TEXPROCIL). The countries we export our products to
include Belgium, China, Italy, Japan, Malaysia, Portugal,
South Korea, Turkey and U.K. among others.
All manufacturing units are linked to each other and the
corporate office by Radio link to ensure free-flow of
communication. The entire process of manufacturing,
logistics & Accounting are fully intergrated by ERP
solutions of SAP.
Analyzing the trends in the textile and
automobile industries in India over the last
decade (from 2013 to 2023) reveals
significant changes and developments in
both sectors.

Textile Industry Trends in India (2013-

**

2023):**

Sustainability and Eco-friendliness**: Over the last

1. **

decade, the textile industry in India has witnessed a

growing emphasis on sustainability and eco-friendliness.
Consumers and manufacturers alike are increasingly
concerned about the environmental impact of textile
production. This has led to the adoption of sustainable
practices, such as using organic cotton and recycling
materials.

Digitalization and Automation**: The textile industry

2. **

has been gradually incorporating digitalization and

automation in various aspects of production.
Technologies like Computer-Aided Design (CAD) and
Computer-Aided Manufacturing (CAM) have improved
design precision and manufacturing efficiency.
 Shift Towards Technical Textiles**: There has been a
3. **

noticeable shift towards technical textiles in India. These

textiles are used in various industrial applications such as
automotive, healthcare, and construction. This
diversification has opened up new markets and
opportunities for the textile industry.
 Export Growth**: India has continued to be a major
4. **

exporter of textiles and clothing. The industry has seen

significant growth in exports to countries like the United
States and Europe. Government initiatives like the 'Make
in India' campaign have further facilitated export growth.

Challenges with Labor and Regulation**: Labor-related

5. **

issues, including skilled labor shortages and wage

disputes, have posed challenges to the industry.
Additionally, changing regulations related to labor,
environmental standards, and taxation have required
adaptability from manufacturers.
Analysis of growth and development of
Automobile industry in India
Introduction

The automobile industry is an important driver of the

economic growth in India and one of the successful
sectors in which the country has high participation in
global value chains (GVCs).

This chapter analyzes the role of government policy,

infrastructure, and other enabling factors in the
expansion of the automobile and automotive
component sectors and the direction they are likely to
take for growth path in the next few years. The
analysis in this chapter is organized into seven
sections: The first section discusses the structure and
makeup of the Indian automobile industry. The
second section analyzes the growth of the sector over
the past decades, while the third section discusses the
role of government. The fourth section deals with
other enabling factors in the growth of the industry.
The fifth section analyzes initiatives in upgrading and
innovation. The sixth section includes a discussion of
the future scenario and the seventh section
concludes.
 Automobile Industry Trends in India (2013-
**

2023):**

Electric Vehicles (EVs)**: One of the most prominent

1. **

trends in the Indian automobile industry has been the

growing interest and investment in electric vehicles. Both
domestic and international automakers have introduced
EV models, encouraged by government incentives and a
push towards reducing carbon emissions.
 Shared Mobility**: The last decade has seen the rapid
2. **

rise of shared mobility services like ride-hailing and bike-

sharing platforms. This has transformed the way people in
India commute, with a shift towards convenient and cost-
effective transportation solutions.
3. Safety and Emission Standards**: The Indian
**

government has implemented stricter safety and emission

standards, particularly the Bharat Stage VI (BS-VI)
emission norms. This has led to the phasing out of older,
more polluting vehicles and the adoption of cleaner
technologies.
 Connected and Autonomous Vehicles (CAVs)**: While
4. **

still in the early stages, there is a growing interest in

connected and autonomous vehicles in India. Automakers
are exploring partnerships and investments in this space
to stay competitive in the global market.
 Manufacturing Hubs**: India has emerged as a
5. **

manufacturing hub for several automakers looking to tap

into the domestic and export markets. Companies have
set up production facilities, creating employment
opportunities and boosting the Indian economy.
 Challenges and Policy Changes**: The industry has
6. **

faced challenges related to economic slowdowns, supply

chain disruptions, and changing policies, especially
concerning taxation and import regulations.

In conclusion, the textile and automobile industries in

India have experienced significant shifts and trends over
the past decade. Sustainability, technology adoption, and
government policies have played crucial roles in shaping
these sectors, and they will continue to evolve in response
to changing consumer preferences and global dynamics in
the years ahead.
 Conclusion

In summary, both the textile and automobile

industries in India have witnessed significant changes
over the last decade. While the textile industry has
shown steady growth and global competitiveness, the
automobile industry has been navigating a transition
towards electric and connected vehicles. Both sectors
face challenges that will need to be addressed to
sustain and accelerate their growth in the coming
years.

Bibliography
Link.springer.com
fibre2fashion.com