India Textile Sector

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  • Topic: Cotton, Textile industry, Silk
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  • Published : February 25, 2013
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Business Environment

Textile Sector Report

Submitted By

Abhay kumar
Abhimanyu Malik Abhinav Mishra

12810001
12810002 12810003

Abhishek Kumar Dubey 12810004 MBA1st Year Department Of Management Studies, IIT Roorkee

Business Environment, Textile Sector Report

Contents
1. 2. AN OVERVIEW OF TEXTILE INDUSTRY IN INDIA .............................................................................. 2 TEXTILE SECTOR EVOLUTION IN INDIA............................................................................................ 4 2.1 2.2 2.3 3. State of textile industry in India till independence.................................................................. 4 Post-Independence Era............................................................................................................ 6 Current scenario ...................................................................................................................... 8

TEXTILE INDUSTRY STRUCTURE .................................................................................................... 11 3.1 3.2 3.3 Natural fibre Industry : .......................................................................................................... 11 Man-made Fibre (MMF) : ..................................................................................................... 13 Ready Made Garments .......................................................................................................... 14

4. 5.

PLAYER IN TEXTILE INDUSTRY ....................................................................................................... 16 OPPORTUNITIES AND CHALLENGES .............................................................................................. 18 5.1 5.2 Opportunities......................................................................................................................... 18 Challenges ............................................................................................................................. 20

6. 7.

CONCLUSION ................................................................................................................................. 22 REFERENCES .................................................................................................................................. 23

1

Business Environment, Textile Sector Report

1. AN OVERVIEW OF TEXTILE INDUSTRY IN INDIA
Textile industry of India had sown its seeds in the ancient Vedic era and the Harappa civilization age, which has been proven in archaeological studies. In the early centuries the famous Indian silk was traded to the western countries in return of spices by the barter system. The export of Indian textile was extended in the regime of the East India Company and raw material was traded to European nations in the times of the industrial revolution. The Indian textile industry has risen to greater heights since then and has emerged as one of the largest sectors in the Indian business environment. The Indian textile industry is a complex & diverse structure complementary to the Indian business environment as it combines this immense diversity into an effective crux. It forms an essential part of the growing Indian economy with the size of the technical textile industry reaching Rs.640 billion in 2010-11.India earns about 27% of its total foreign exchange through textile exports, it also contributes about 14% of the total industrial production of India. The textile industry also forms about 4% of the country’s GDP. It is also the second largest employment generator of the country (after agriculture) & employs about 35 million people in its ambit.

Source: Ministry of Textiles To begin with in the early 1800’s the industry was much unorganized till the late 90’s, it was only after the economic liberalization in 1992 that the scenario started changing. The positive steps in improving the fiscal duty structure have...
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