Textile Industry

AMITY INTERNATIONAL BUSINESS SCHOOL




Topic:-

INDIAN TEXTILE INDUSTRY





Submitted to:                     Submitted by:
        Mr. L. Raghvan           Mitesh Kumar Bizoara C-49
                                                          Sumeet Rattan               C-62
                                                          Abhinav Gupta   C-72

Table of Contents

EXECUTIVE SUMMARY 2
Market Highlights And Best Prospects 3
Market Profile 3
INDUSTRY OVERVIEW 4
Textile Industry 4
Status of the Textile Machinery Industry 5
Indian Textile Industry 5
Latest news in textile sector 6
Swot   Analysis Of Indian Textile Industry 8
IMPORTS & EXPORTS 11
Import Policy 11
Trends in Domestic Consumption 11
Exports To The Major Markets 12
Export to U.S. 13
Export to EU 13
IMPLICATIONS ON INDIAN EXPORTS (OPTIMISTIC SCENARIO) 14
IMPLICATIONS ON INDIAN EXPORTS (PESSIMISTIC SCENARIO) 15
AGREEMENT ON TEXTILE & CLOTHING 16
Impact on World 17
MULTIFIBRE ARRANGEMENT (MFA) 1974-1994 18
Measures That Are Taken Post Mfa Scenario. 18
The new Textile Policy 2000 (NTxP-2000) 18
DEPB issues 18
Technology Up gradation Fund Scheme: 18
Liberalization of FDI Policy: 19
Export Promotion Capital Goods (EPCG) Scheme: 19
Advance Licensing Scheme: 19
Duty Exemption Pass Book (DEPB) Scheme: 19
Duty Drawback Scheme: 19
Targets Achieved By The Textile Industry Post Mfa 20
EFFECT OF FOREIGN TRADE POLICY IN TEXTILE INDUSTRY 21
RECOMMENDATIONS 25
References: 25
ANNEXTURE 26

EXECUTIVE SUMMARY
For India to become a major player in world trade, an all encompassing, and comprehensive view needs to be taken for the overall development of the country's foreign trade. While increase in exports is of vital importance, a facilitation import is also required to stimulate the economy. Coherence and consistency among trade and other economic policies is important for maximizing the contribution of such policies to development.
Trade is not... [continues]

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