State-of-the-Art Knitting and Garment Project: Kerala State Textile Corporation Limited Case Study
State-of-the-Art Knitting & Garment project
KSTCL
PROJECT PROFILE ON KNITTING AND GARMENT PROJECT
Kerala State Textile Corporation Limited
State-of-the-Art Knitting & Garment project
KSTCL
PROJECT PROFILE FOR APPAREL AND KNITTING PROJECT
INTRODUCTION:
The Indian textile industry is one of the largest and oldest sectors in the country and among the most important in the economy in terms of output, investment and employment. The sector employs nearly 35 million people and after agriculture, is the second highest employer in the country. Its importance is underlined by the fact that it accounts for around 4% of Gross Domestic Product, 14% of industrial production, 9% of excise collections, 18% of employment in the industrial sector, and 16% of the country’s total export earnings.
In the Textile industry, the Apparel industry is one of the important value chains of the vertical and is India’s second largest industry after IT. At present, it is amongst the fastest growing industry segment and is also the second largest foreign exchange earner for the country. Also the retail segment in India is booming up at a very fast phase. MARKET: Apparel is one of the basic necessities of human civilization along with food, water and shelter. The Apparel Industry reflects people’s lifestyles and shows their social and economic status. The concept of purchasing fabric & get it sewn by our traditional tailors has receded and the current generation prefers for readymade garment and there is an ever-growing demand for the same. With the advent of new shopping malls coming up every other day & looking into the demand, one can infer that this industry can definitely survive in the years to come.
State-of-the-Art Knitting & Garment project
KSTCL
•
Market size estimates USD bn 55 Exports Domestic
100
22 33 2009
40 60 •
2015
Drivers of exports -
KSTCL
PROJECT PROFILE ON KNITTING AND GARMENT PROJECT
Kerala State Textile Corporation Limited
State-of-the-Art Knitting & Garment project
KSTCL
PROJECT PROFILE FOR APPAREL AND KNITTING PROJECT
INTRODUCTION:
The Indian textile industry is one of the largest and oldest sectors in the country and among the most important in the economy in terms of output, investment and employment. The sector employs nearly 35 million people and after agriculture, is the second highest employer in the country. Its importance is underlined by the fact that it accounts for around 4% of Gross Domestic Product, 14% of industrial production, 9% of excise collections, 18% of employment in the industrial sector, and 16% of the country’s total export earnings.
In the Textile industry, the Apparel industry is one of the important value chains of the vertical and is India’s second largest industry after IT. At present, it is amongst the fastest growing industry segment and is also the second largest foreign exchange earner for the country. Also the retail segment in India is booming up at a very fast phase. MARKET: Apparel is one of the basic necessities of human civilization along with food, water and shelter. The Apparel Industry reflects people’s lifestyles and shows their social and economic status. The concept of purchasing fabric & get it sewn by our traditional tailors has receded and the current generation prefers for readymade garment and there is an ever-growing demand for the same. With the advent of new shopping malls coming up every other day & looking into the demand, one can infer that this industry can definitely survive in the years to come.
State-of-the-Art Knitting & Garment project
KSTCL
•
Market size estimates USD bn 55 Exports Domestic
100
22 33 2009
40 60 •
2015
Drivers of exports -