GROUP ASSINGMENT OF INDIAN ECONMY

GROUP ME MBERS
RI SHABH JAIN IC211162
PRANJAL GUPTA IC211153
UDI T VI JAYVARGIYA IC211181
TANI SHKA RATHORE IC211177
PARME SH SHARMA IC211148

SUBMI TT E D TO – GOPIKA MA’ AM

1) What do you mean by large scale industries? Mention the regions in
which there is geographical concentration of factories of that specific
industry.
Large-scale industries are defined as those with significant infrastructure, raw material needs,
high labour demands, and significant capital requirements. Large scale industries are defined as
those businesses with fixed assets worth more than 10 crore rupees.
Geographical Distribution of Cotton Textile Industry in India
1. Maharashtra 6.Madhya Pradesh
2.Gujarat 7.Rajasthan
3.Tamil Nadu
4.Uttar Pradesh
5.Karnataka
2) Explain the current status of that industry in terms of contribution
towards economic growth and development.
India: Sewing the future together
India is one of the top producers of textiles and apparel in the world.
About 2% of India's GDP, or 7% of industry output in value terms, comes from the domestic garment and
textile sector. In 2020–21, textile, clothing, and handicraft exports made up 11.4% of all Indian exports.
India accounts for 4% of global textile and clothing trade.
3) State the measures that have been taken by the government to
promote that industry.
1.Removal of anti-dumping duty
2.PM MITRA Scheme
3.PLI Scheme
4.Extension of RoSCTL
5.Research in Technical Textiles
6.Promotion of Technical Textiles
 4) Mention some major companies operating in that industry.
Arvind Ltd.
which is one of the largest companies in India. Arvind Ltd is headquartered in Ahmedabad, and owns 22 global patents for the
environmental solutions, which is also the largest fire protection fabric producer in India. It also manages nearly 15 global
apparel brands of the likes of Tommy Hilfiger, US Polo, CK, GAP, Nautica and Sephora. Arvind Ltd. is also the best textile
branda in the country.
Raymond Ltd.
Raymond is one of the largest and famous textile brands in the country, headquartered in Mumbai, Raymond is known for its
Indian wear and is famous in all over the world. Raymond Ltd. is also a diversified group with more business interests in
Textile & Apparel sectors as well as presence across diverse segments such as FMCG, Engineering, and Prophylactics in
national and international markets as well. Raymond also provides its services and brands in Tier IV and V cities. The
Raymond group has an extensive presence in the B2B space through its garment business.
Lakshmi Mills
Lakshmi Mills Company was founded in the year 1910 and is headquartered in Coimbatore, Tamil Nadu. Lakshmi Mills
offers a huge range of products including textile yarn, garments, weaving and spinning and the parent company is Lakshmi
Machine Works which is one of the top 10 textile companies in India.
5) Do the SWOT Analysis of the specific industry.
6) What would be the impact of the campaign ‘vocal for local’ on the
companies operating in that industry?
“Vocal for Local”-a Swadeshi Movement for Next Generation Manufacturing
Prime Minister Narendra Modi proposed a Rs 20 lakh crore economic programme to resuscitate India's
economy and get through the crisis brought on by the COVID-19 epidemic during his address to the nation
on May 13, 2020, using the motto "Vocal for Local." The appeal is to create more local brands and promote
them internationally in order to assist in multiplying the startup ecosystem and assisting the nation's goal of
becoming a $5 trillion economy by 2025.
India’s textile machinery trade with the world was $4857.91million (2018)