Indian Textile Industry

1
Indian Textile Industry

2
History

• Pre Independence
• Post Independence
• Post liberalisation
• Recent years

3
The shape of the textile industry in India

• Large Industry 3 of GDP, 27 of Forex
  earnings, 21 of total employment
• Very large unorganised sector about 76 of
  total fabrics production
• Market is very diverse, does not lend itself to
  comparative studies in terms of market share etc.

4
Major players

• Welspun India
• Asias largest and worlds 4th largest terry
  towel manufacturer
• Supply to Wal-mart, Hilfiger
• Sales grew by 35 to reach 650 cr in 05-06
• Alok Industries
• Largest processing capacity in India
• Sales grew by 15 to 1285 cr
• Arvind Mills
• 72 share of Indian Denim market
• Gokaldas exports
• 95 revenue comes from the export market
• 20 growth in sales, reached 860 cr in 05-06
• Other major players like Raymond, Siyaram silk
  mills, mahavir spinning mills etc.

5
The global scenario

• The end of the MFA arrangement
• Competitiveness of Indian industry
• Low level of modernisation
• Fragmented nature low capacities
• Infrastructure, Labour laws
• Exports have risen by 10 but at the same time
  Chinas exports have risen by more than 20, even
  countries like Pakistan and Bangladesh have done
  better

6
The light at the end of the tunnel

• China muzzled
• Viable option for those looking to spread out
  risk
• Indian govt waking up
• Domestic market projected to grow as well