Textile Industry

StudsPlanet.com
StudsPlanet.comStudsPlanet.com
TEXTILE INDUSTRY
www.StudsPlanet.com
♫India’s textile industry is one of the economy’s largest.
♫The industry scenario started changing after the economic
liberalization of Indian economy in 1991.
♫ It has now become the largest industries in the
world.
♫ Indian textile industry contributes about 14 % to industrial production.
♫4% to country’s gross domestic product.
♫17% to country’s export earnings
♫Provides direct employment to over 35 million people
♫India earns about 27% of its total foreign exchange through textile exports.
♫It is the largest provider of employment after agriculture.
www.StudsPlanet.com
HISTORY
• English inventors in the 18th century began to automate textile cottage industry
processes including carding, spinning and weaving.
• James Hargreaves developed the Spinning Jenny, a device which replaced eight
hand spinners in one operation. Richard Arkwright assembled these processes and
started the first factory on the Derwent River in Cromford, England in 1771.
• In 1792, Samuel slater opened a yarn spinning mill in Pawtucket, Rhode
Island, the first successful automated yarn spinning in the US.
• In the early 1800s, cotton was raised in the southern United States and exported to mills
in England and the north. .
• In 1814, James Cabot Lowell of Boston built a factory in Waltham, up the Charles River
from Boston.
• Later, the Boston Associates built an entire mill town on the Merrimack River, and later
named it "Lowell" in memory of James Cabot Lowell.
• In the 1990s, a new world order began to replace. Buying from the lowest cost producer
drove many textile manufacturers out of the production side and into
imports. Manufacturing companies changed to marketing companies
www.StudsPlanet.com
STRUCTURE OF TEXTILE INDUSTRY
www.StudsPlanet.com
• Indian textile industry can be divided into several segments, some
of which can be listed as below:
 Cotton Textiles
 Silk Textiles
 Woollen Textiles
 Readymade Garments
 Hand-crafted Textiles
 Jute and Coir
www.StudsPlanet.com
SWOT ANALYSIS
STRENGTH
♫ India has rich resources of raw materials of textile industry. It is one of the largest producers of
cotton in the world and is also rich in resources of fibres like polyester, silk, viscose etc.
♫ India is rich in highly trained manpower. The country has a huge advantage due to lower wage
rates. Because of low labour rates the manufacturing cost in textile automatically comes down to
very reasonable rates.
♫ India is highly competitive in spinning sector and has presence in almost all processes of the
value chain.
♫ Indian garment industry is very diverse in size, manufacturing facility, type of apparel produced,
quantity and quality of output, cost, and requirement for fabric etc. It comprises suppliers of
ready-made garments for both, domestic or exports markets.
www.StudsPlanet.com
Weakness
♫ Global players would prefer to source their entire requirement from two or three
vendors and the Indian garment units find it difficult to meet the capacity requirements.
♫ Industry still plagued with some historical regulations such as knitted garments still
remaining as a SSI domain.
♫ Labour force giving low productivity as compared to other competing countries.
♫ Technology obsolescence
♫ Low bargaining power in a customer-ruled market.
♫ India seriously lacks in trade pact memberships, which leads to restricted access to the
other major markets.
♫Indian labour laws are relatively unfavourable to the trades and there is an urgent need
for labour reforms in India.
www.StudsPlanet.com
Opportunity
♫ Low per-capita domestic consumption of textile indicating significant
potential growth.
♫ Domestic market extremely sensitive to fashion fads and this has
resulted in the development of a responsive garment industry.
♫ India's global share is just 3% while China controls about 15%. In
post-2005, China is expected to capture 43% of global textile trade.
♫ Companies need to concentrate on new product developments.
♫ Increased use of CAD to develop designing capabilities and for
developing greater options.
www.StudsPlanet.com
Threats
♫ Competition in post-2005 is not just in exports, but is also likely within the
country due to cheaper imports of goods of higher quality at lower costs.
♫ Standards have resulted in increased pressure on companies for
improvement of their working practices.
♫ Alternative competitive advantages would continue to be a barrier
www.StudsPlanet.com
FACTORS AFFECTING TEXTILE
INDUSTRY
Textile
Industry
Rivalry
Demand
Conditions
Cost &
Location
Government
Regulation
Policy
www.StudsPlanet.com
PERFORMANCE OF THE TEXTILE INDUSTRY
• The industry which was growing at 3-4 percent during the last six
decades has now accelerated to the annual growth rate of 9-10 percent
but various factors have effecting annual growth rate of textile Industry,
Global recession is one of them.
• The impact of the global and domestic economic slow down directly
affect the performance of the industry.
www.StudsPlanet.com
EXPORT SCENARIO
• Developed countries' exports declined from 52.2% share in 1990 to 37.8 %
• And that of developing countries increased from 47.8% to 62.2 % in the same
period.
www.StudsPlanet.com
INDIAN TEXTILE EXPORTS
45%
25%
18%
4%
18%
2% 2%
ready garment
cotton textile
Man-made
textiles
handi crafts
silk &
handloom
Wool &
Woolen textiles
others
www.StudsPlanet.com
INDIA’S TEXTILE EXPORTS
(IN US$ BILLION)
17.6 19.1
22.1 21.2 22.4
26.8
0
5
10
15
20
25
30
FY 06 FY 07 FY 08 FY 09 FY 10 FY 11
www.StudsPlanet.com
TEXTILE EXPORT STATISTICS
Financial year Textile exports
US$ Millions
Total exports US$
Millions
Percentage of
textile exports
2004-2005 14026.72 83538.95 16.79%
2005-2006 17520.07 103090.53 16.99%
2006-2007 19146.04 126262.68 15.16%
2007-2008 19558.53 143567.86 13.62%
2008-2009 18519.96 153018.22 12.10%
2009-2010 22418.00 178751.43 12.54%
www.StudsPlanet.com
MAJOR PLAYERS IN TEXTILE INDUSTRY
Company Business area
Welspun India LTD Home tesxtile,bathrobes, terry towels
Vardhman group Yarn,fabric,sewing threads, acrylic fibre
Raymond Ltd. Tailored clothing,denim,shirting, woollen outerwear
Bombay dyeing &
manufacturing
ltd.compqny
Bed linen, towels, shirts, dresses, and saris in cotton
and polyster blend
ITC lifestyle Lifestyle market
Reliance industries
Ltd.
Fabric, formal men's wear
www.StudsPlanet.com
PROBLEMS OF TEXTILE INDUSTRY
IN INDIA
• Highest incidence of sickness
• The plant and machinery and technology by a number of units are absolute.
• Government regulations like the obligation to produce controlled cloth are against
the interest of the industry.
• The cotton yield per hectare of land is very low in India.
• Competition from the man made fabrics and synthetics.
• India has been facing severe competition from other countries like Taiwan, South
Koria, China and Japan.
• The cotton textile industry is frequently plagued by labour problems.
• The industry faces number of other problems like power cuts, infrastructural
• problems, lack of finance, exorbitant rise in raw material prices and production
• costs etc.
www.StudsPlanet.com
GOVERNMENT INITIATES AND
REGULATORY FRAMEWORK
• The government has offered health insurance coverage to 161.10 million weavers and
ancillary workers under handloom weavers comprehensive scheme.
• The CENTRAL COTTAGE INDUSTRIES CORPORATION OF INDIA and THE
HANDICRAFTS AND HANDLOOMS EXPORT CORPORATION OF INDIA have
developed a number of e- marketing platforms to simplify marketing issues.
• As per the 12th year five year plan, the integrated skill development scheme aims to train over
2675,000 people within next 5 years.
• The Indian government has given approval to 40 new textiles parks to be set up and this
would be executed over a period of 36 months.
• The new textiles park would leverage employment to 400,000 textile workers
www.StudsPlanet.com
1 von 18

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Textile Industry

  • 2. ♫India’s textile industry is one of the economy’s largest. ♫The industry scenario started changing after the economic liberalization of Indian economy in 1991. ♫ It has now become the largest industries in the world. ♫ Indian textile industry contributes about 14 % to industrial production. ♫4% to country’s gross domestic product. ♫17% to country’s export earnings ♫Provides direct employment to over 35 million people ♫India earns about 27% of its total foreign exchange through textile exports. ♫It is the largest provider of employment after agriculture. www.StudsPlanet.com
  • 3. HISTORY • English inventors in the 18th century began to automate textile cottage industry processes including carding, spinning and weaving. • James Hargreaves developed the Spinning Jenny, a device which replaced eight hand spinners in one operation. Richard Arkwright assembled these processes and started the first factory on the Derwent River in Cromford, England in 1771. • In 1792, Samuel slater opened a yarn spinning mill in Pawtucket, Rhode Island, the first successful automated yarn spinning in the US. • In the early 1800s, cotton was raised in the southern United States and exported to mills in England and the north. . • In 1814, James Cabot Lowell of Boston built a factory in Waltham, up the Charles River from Boston. • Later, the Boston Associates built an entire mill town on the Merrimack River, and later named it "Lowell" in memory of James Cabot Lowell. • In the 1990s, a new world order began to replace. Buying from the lowest cost producer drove many textile manufacturers out of the production side and into imports. Manufacturing companies changed to marketing companies www.StudsPlanet.com
  • 4. STRUCTURE OF TEXTILE INDUSTRY www.StudsPlanet.com
  • 5. • Indian textile industry can be divided into several segments, some of which can be listed as below:  Cotton Textiles  Silk Textiles  Woollen Textiles  Readymade Garments  Hand-crafted Textiles  Jute and Coir www.StudsPlanet.com
  • 6. SWOT ANALYSIS STRENGTH ♫ India has rich resources of raw materials of textile industry. It is one of the largest producers of cotton in the world and is also rich in resources of fibres like polyester, silk, viscose etc. ♫ India is rich in highly trained manpower. The country has a huge advantage due to lower wage rates. Because of low labour rates the manufacturing cost in textile automatically comes down to very reasonable rates. ♫ India is highly competitive in spinning sector and has presence in almost all processes of the value chain. ♫ Indian garment industry is very diverse in size, manufacturing facility, type of apparel produced, quantity and quality of output, cost, and requirement for fabric etc. It comprises suppliers of ready-made garments for both, domestic or exports markets. www.StudsPlanet.com
  • 7. Weakness ♫ Global players would prefer to source their entire requirement from two or three vendors and the Indian garment units find it difficult to meet the capacity requirements. ♫ Industry still plagued with some historical regulations such as knitted garments still remaining as a SSI domain. ♫ Labour force giving low productivity as compared to other competing countries. ♫ Technology obsolescence ♫ Low bargaining power in a customer-ruled market. ♫ India seriously lacks in trade pact memberships, which leads to restricted access to the other major markets. ♫Indian labour laws are relatively unfavourable to the trades and there is an urgent need for labour reforms in India. www.StudsPlanet.com
  • 8. Opportunity ♫ Low per-capita domestic consumption of textile indicating significant potential growth. ♫ Domestic market extremely sensitive to fashion fads and this has resulted in the development of a responsive garment industry. ♫ India's global share is just 3% while China controls about 15%. In post-2005, China is expected to capture 43% of global textile trade. ♫ Companies need to concentrate on new product developments. ♫ Increased use of CAD to develop designing capabilities and for developing greater options. www.StudsPlanet.com
  • 9. Threats ♫ Competition in post-2005 is not just in exports, but is also likely within the country due to cheaper imports of goods of higher quality at lower costs. ♫ Standards have resulted in increased pressure on companies for improvement of their working practices. ♫ Alternative competitive advantages would continue to be a barrier www.StudsPlanet.com
  • 10. FACTORS AFFECTING TEXTILE INDUSTRY Textile Industry Rivalry Demand Conditions Cost & Location Government Regulation Policy www.StudsPlanet.com
  • 11. PERFORMANCE OF THE TEXTILE INDUSTRY • The industry which was growing at 3-4 percent during the last six decades has now accelerated to the annual growth rate of 9-10 percent but various factors have effecting annual growth rate of textile Industry, Global recession is one of them. • The impact of the global and domestic economic slow down directly affect the performance of the industry. www.StudsPlanet.com
  • 12. EXPORT SCENARIO • Developed countries' exports declined from 52.2% share in 1990 to 37.8 % • And that of developing countries increased from 47.8% to 62.2 % in the same period. www.StudsPlanet.com
  • 13. INDIAN TEXTILE EXPORTS 45% 25% 18% 4% 18% 2% 2% ready garment cotton textile Man-made textiles handi crafts silk & handloom Wool & Woolen textiles others www.StudsPlanet.com
  • 14. INDIA’S TEXTILE EXPORTS (IN US$ BILLION) 17.6 19.1 22.1 21.2 22.4 26.8 0 5 10 15 20 25 30 FY 06 FY 07 FY 08 FY 09 FY 10 FY 11 www.StudsPlanet.com
  • 15. TEXTILE EXPORT STATISTICS Financial year Textile exports US$ Millions Total exports US$ Millions Percentage of textile exports 2004-2005 14026.72 83538.95 16.79% 2005-2006 17520.07 103090.53 16.99% 2006-2007 19146.04 126262.68 15.16% 2007-2008 19558.53 143567.86 13.62% 2008-2009 18519.96 153018.22 12.10% 2009-2010 22418.00 178751.43 12.54% www.StudsPlanet.com
  • 16. MAJOR PLAYERS IN TEXTILE INDUSTRY Company Business area Welspun India LTD Home tesxtile,bathrobes, terry towels Vardhman group Yarn,fabric,sewing threads, acrylic fibre Raymond Ltd. Tailored clothing,denim,shirting, woollen outerwear Bombay dyeing & manufacturing ltd.compqny Bed linen, towels, shirts, dresses, and saris in cotton and polyster blend ITC lifestyle Lifestyle market Reliance industries Ltd. Fabric, formal men's wear www.StudsPlanet.com
  • 17. PROBLEMS OF TEXTILE INDUSTRY IN INDIA • Highest incidence of sickness • The plant and machinery and technology by a number of units are absolute. • Government regulations like the obligation to produce controlled cloth are against the interest of the industry. • The cotton yield per hectare of land is very low in India. • Competition from the man made fabrics and synthetics. • India has been facing severe competition from other countries like Taiwan, South Koria, China and Japan. • The cotton textile industry is frequently plagued by labour problems. • The industry faces number of other problems like power cuts, infrastructural • problems, lack of finance, exorbitant rise in raw material prices and production • costs etc. www.StudsPlanet.com
  • 18. GOVERNMENT INITIATES AND REGULATORY FRAMEWORK • The government has offered health insurance coverage to 161.10 million weavers and ancillary workers under handloom weavers comprehensive scheme. • The CENTRAL COTTAGE INDUSTRIES CORPORATION OF INDIA and THE HANDICRAFTS AND HANDLOOMS EXPORT CORPORATION OF INDIA have developed a number of e- marketing platforms to simplify marketing issues. • As per the 12th year five year plan, the integrated skill development scheme aims to train over 2675,000 people within next 5 years. • The Indian government has given approval to 40 new textiles parks to be set up and this would be executed over a period of 36 months. • The new textiles park would leverage employment to 400,000 textile workers www.StudsPlanet.com