Preview

Textile Industry in India

Powerful Essays
Open Document
Open Document
5438 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Textile Industry in India
------------------------------------------------- Report: The Textile Industry In India
-------------------------------------------------
Arvind Mills Prepared for: Industrial Economics Prepared by: Dhruvita.Patel School: FSLE- 3 Application Number: 28380 Initiator: Rupa Korde Date: 21/04/2013

1. Executive summary
Indian textile Industry has lately been developing in India has contributed a lot towards the economic growth in terms of generating employment, GDP, economic development etc. Also in the recent times the Indian Textile in Gujarat is booming and there are new mills coming up. This establishes the aim of my report to analysis the top player Arvind mill which is initiated in Gujarat, Ahmedabad with the help of secondary data provide by the official sites of the company and other sources. To have a further focus and to narrow it down I have studied the denim sector of Arvind mills.
An introduction provides with the overall scenario about the textile industry in India and how has it helped in the advancement of the Indian economy. This report further investigates the role of textile industry in Gujarat and than further talks about Arvind Mills which is the top player in this Industry. It further investigates and gives a detailed outline about the denim sector in Arvind mills. And the out come of the analysis is given in the conclusion and recommendations

1. Acknowledgements
I would like to express my special thanks to the following persons who provided me with information and assistance: * Mrs. Rupa Korde- our initiator of the course for her direction, valuable time and encouragement for the preparation of the report. * Sanika.Shah who help me in the research bit of the report.

Table of Contents
1. Executive Summary…………………………………………………………………..2
3. Textile Industry in India....................................................................................................................5-6 3.1 Major


Bibliography: * "Textile Industry in Gujarat." Textile Industry in Gujarat. N.p., n.d. Web. 19 Apr. 2013. <http://www.nrigujarati.co.in/Topic/579/1/textile-industry-in-gujarat.html>. * "Transformation." Arvind. N.p., Feb. 2012. Web. 19 Apr. 2013. <http://www.arvindmills.com/pdf/quaterly_financial_reporting/ArvindCorporatePresentationFebruary2012.pdf>. * "Arvind Mills Is India 's Largest and the World 's Third Largest Denim Manufacturer." ARVIND MILLS LIMITED. N.p., n.d. Web. 19 Apr. 2013. <http://www.ibef.org/download/arvind_mills_limited.pdf>. * Shah, Jayesh. "Arvind Mills Limited." One To One. N.p., n.d. Web. 19 Apr. 2013. <http://www.myiris.co.in/shares/company/faces/faceShow.php?icode=arvmills>. * "Arvind Mills Plans A Denim Plant At Bangladesh." Denim and Jeans RSS. N.p., n.d. Web. 20 Apr. 2013. <http://www.denimsandjeans.com/denim-mills/denim-mills-intl/arvind-plans-a-denim-mill-in-bangladesh/>. * "Arvind : At an Inflection." Arvind. Arvind Limited, n.d. Web. 20 Apr. 2013. <http://www.arvindmills.com/pdf/shareholding/2013/Arvind%20Presentation%20February%202013.pdf>. [ 2 ]. "Indian Textile Industry - An Overview." Indian Textile Industry - An Overview. N.p., n.d. Web. 19 Apr. 2013. . [ 3 ]. "Indian Textile Industry - An Overview." Indian Textile Industry - An Overview. N.p., n.d. Web. 19 Apr. 2013. . [ 4 ]. "A BRIEF REPORT ON TEXTILE INDUSTRY IN INDIA." Corporate Catalyst in India, 23 Mar. 2013. Web. 18 Apr. 2013. . [ 5 ]. "Textile Industry in Gujarat." Textile Industry in Gujarat. N.p., n.d. Web. 19 Apr. 2013. . [ 6 ]. "Denim Mills Manufacturing Denim Fabric / Cloth In India." Denim Mills In India - Documents @ Denim Club India - India 's One and Only Club Community of Denim Professionals. N.p., n.d. Web. 20 Apr. 2013. . [ 7 ]. Derived from quantitative data : Transformation." Arvind. N.p., Feb. 2012. Web. 19 Apr. 2013. . [ 8 ]. "Transformation." Arvind. N.p., Feb. 2012. Web. 19 Apr. 2013. . [ 9 ]. "Arvind Mills Is India 's Largest and the World 's Third Largest Denim Manufacturer." ARVIND MILLS LIMITED. N.p., n.d. Web. 19 Apr. 2013. . [ 10 ]. "Arvind : At an Inflection." Arvind. Arvind Limited, n.d. Web. 20 Apr. 2013. . "Arvind : At an Inflection." Arvind. Arvind Limited, n.d. Web. 20 Apr. 2013. [ 11 ]. "Arvind : At an Inflection." Arvind. Arvind Limited, n.d. Web. 20 Apr. 2013. . [ 12 ]. Shah, Jayesh. "Arvind Mills Limited." One To One. N.p., n.d. Web. 19 Apr. 2013. . [ 13 ]. "Arvind : At an Inflection." Arvind. Arvind Limited, n.d. Web. 20 Apr. 2013. . [ 14 ]. "Arvind : At an Inflection." Arvind. Arvind Limited, n.d. Web. 20 Apr. 2013. . [ 15 ]. "Arvind : At an Inflection." Arvind. Arvind Limited, n.d. Web. 20 Apr. 2013. . [ 16 ]. "Transformation." Arvind. N.p., Feb. 2012. Web. 19 Apr. 2013. . [ 17 ]. "Transformation." Arvind. N.p., Feb. 2012. Web. 19 Apr. 2013. .
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Lean Agile Supply Chain Case
    • 4112 Words
    • 12 Pages

    Lean Agile Supply Chain Case

    Textiles and apparel is a major sector for both the industrialised and the lesser developed…

    • 4112 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Demnd &Supply Analysis of Cotton Industry
    • 2675 Words
    • 11 Pages

    Demnd &Supply Analysis of Cotton Industry

    The cotton textile industry in India provides livelihood to farmers, and workers engaged in ginning, spinning, weaving, dying, designing and packaging, not leaving sewing and tailoring. It is India`s one of the most traditional and esteemed industry. More importantly, the industry strikes a rational balance between tradition and modernity. While the spinning occupation is rather centralized, weaving is exceedingly decentralized, providing scope for traditional skills of craftsmen in cotton, silk, zari, embroidery and so on. The hand spun and hand woven khadi holds back the ancient tradition of providing large scale employment. Cotton textile industry in India…

    • 2675 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Pest Analysis of Textile Industry
    • 397 Words
    • 2 Pages

    Pest Analysis of Textile Industry

    Textile industry is concentrating towards value added products which includes garments, finishing fabric, home textiles, towels, curtains, trousers, shirting, and designer knitwear. The textile industry in the future requires increase of organizations producing value added products to meet growing international demands.…

    • 397 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Case Study: Arvind Mills
    • 955 Words
    • 4 Pages

    Case Study: Arvind Mills

    The case provides an overview of the Arvind Mills' expansion strategy, which resulted in the company's poor financial health in the late 1990s. In the mid 1990s, Arvind Mills' undertook a massive expansion of its denim capacity in spite of the fact that other cotton fabrics were slowly replacing the demand for denim. The expansion plan was funded by loans from both Indian and overseas financial institutions. With the demand for denim slowing down, Arvind Mills found it difficult to repay the loans, and thus the interest burden on the loans shot up. In the late 1990s, Arvind Mills ran into deep financial problems because of its debt burden. As a result, it incurred huge losses in the late 1990s. The case also discusses in detail the Arvind Mills debt-restructuring plan for the long-term debts being taken up in February 2001.…

    • 955 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Industry Analysis on Arvind Mills
    • 3704 Words
    • 15 Pages

    Industry Analysis on Arvind Mills

    India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world.…

    • 3704 Words
    • 15 Pages
    Powerful Essays
    Read More
  • Good Essays

    Indian Textile Industry-Porter's Five Foreces
    • 977 Words
    • 4 Pages

    Indian Textile Industry-Porter's Five Foreces

    Global textile & clothing industry is currently pegged at around US$ 440 bn. US and European markets dominate the global textile trade accounting for 64% of clothing and 39% of textile market. With the dismantling of quotas, global textile trade is expected to grow (as per Mc Kinsey estimates) to US$ 650 bn by 2010 (5 year CAGR of 10%). Although China is likely to become the 'supplier of choice', other low cost producers like India would also benefit as the overseas importers would try to mitigate their risk of sourcing from only one country. The two-fold increase in global textile trade is also likely to drive India's exports growth. India's textile export (at US$ 15 bn in 2005) is expected to grow to US$ 40 bn, capturing a market share of close to 8% by 2010. India, in particular, is likely to benefit from the rising demand in the home textiles and apparels segment, wherein it has competitive edge against its neighbour. Nonetheless, a rapid slowdown in the denim cycle poses risks to fabric players.…

    • 977 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Weaving, an Industry for India: Fashion Lessons from Europe
    • 12211 Words
    • 49 Pages

    Weaving, an Industry for India: Fashion Lessons from Europe

    * Nemingha. 2010. India’s Cotton Textile Industry [Online]. Available at: http://hubpages.com/hub/Indias-Cotton-Textile-Industry [Accessed: 23 September 2010]…

    • 12211 Words
    • 49 Pages
    Good Essays
    Read More
  • Powerful Essays

    Textile Industry and Related Sectors in India
    • 3759 Words
    • 16 Pages

    Textile Industry and Related Sectors in India

    This market research study on Textiles and related sectors in India has been commissioned by Italian Trade Commission (Trade Promotion Section of the Consulate General of Italy), Mumbai, for which Ace Global Private Limited, a consultancy company based in New Delhi, has been appointed. The main objectives of the market research are to carry out a detailed market analysis o~ the industry, in order to identify potential opportunities for Italian entrepreneurs interested in the Indian market. The scope of the market research covers the following key segments of the industry: Textiles Apparel & Clothing; Undergarments; Home Textiles, and Accessories. The findings of the research are presented in the following sections. Market Characteristics The Textile Industry in India is one of the largest and most important industrial segments of the Indian economy accounting for over one fifth of the country's industrial production. It provides employment to around 15 million people who have helped produce one of the largest varieties of yarn, fabrics, textiles, clothing and garments, home furnishings and other textile products in the world. Textiles industry, including related subsectors, is worth about Euros 38 billion of which domestic segment constitutes 65% while 35% comes from exports. The textiles segment accounts for 59% of the industry, with apparel and other made ups constituting the balance. This industry also accounts for nearly 21 % of total employment in the country. Besides the textiles, apparels & clothing, the industry covers a wide range of home furnishings (bed linen, curtains and upholstery, floor coverings, kitchen linen, bath linen, etc.) and Accessories (including apparel accessories, like stoles, scarves, etc., hard accessories like bags, wallets, fashion jewellery, time wear and eyewear etc.). Market…

    • 3759 Words
    • 16 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Gul Ahmed Financial Analysis Report
    • 4008 Words
    • 36 Pages

    Gul Ahmed Financial Analysis Report

    His lectures have been very interesting. I am extremely grateful to him and appreciate his efforts for providing me full support, encouragement and valuable guidance. He has been a really good teacher and guided me on the right path. All his lessons are very effective and interesting.…

    • 4008 Words
    • 36 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Imapct of textile clusters
    • 1678 Words
    • 9 Pages

    Imapct of textile clusters

    Textile industry is one of the main pillars holding the Indian Economy. It contributes around…

    • 1678 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Hrm in Garment Industry
    • 9995 Words
    • 40 Pages

    Hrm in Garment Industry

    • 1. INDUSTRY PROFILE ABOUT GARMENT INDUSTRY: INTRODUCTION: As the business increases day by day to global standards, garment industry also takes its boom in the world trade. Though there are certain limitations and drawbacks in the business scenario, it is still trying to achieve a memorable growth in the world trade. From ancient days onwards, garments play an important role in each and every ones life. Now the fashion technology is growing not only in towns and cities, but also in small villages. People are now very much interested to wear new fashion garments. Media also playing an important role in…

    • 9995 Words
    • 40 Pages
    Powerful Essays
    Read More
  • Good Essays

    Jute Industry in India
    • 7494 Words
    • 30 Pages

    Jute Industry in India

    India's core competence is in garment sector, however increasing competition necessitates her to explore new arena and develop her competence there. Textile & garment industry is among the second highest employment provider in India after agriculture. It is the mother industry in India, like most of the industrialized nations, and given the present economic development, it has the potential to propel the economy at least for next few decades. With the ATC (Agreement on Textile & Clothing) agreement under WTO (World Trade Organization), the global textile industry is presenting enormous potential, at the same time challenges for nations.…

    • 7494 Words
    • 30 Pages
    Good Essays
    Read More
  • Good Essays

    Biography of Sanjay Lalbhai
    • 879 Words
    • 4 Pages

    Biography of Sanjay Lalbhai

    Arvind Mills was established in 1931. It was founded by the three brothers Kasturbhai Lalbhai, Narottambhai Lalbhai and Chimanbhai Lalbhai one of the leading families of Ahmedabad., the flagship company of the Lalbhai Group, is a producer of composite manufacturer of textiles. Its headquarters is in Ahmedabad, Gujarat, India. It manufactures a range of cotton shirting, denim, knits and bottomweights (Khakis) fabrics. It is India's largest denim manufacturer [3] apart from being world’s fourth-largest producer and exporter of denim. In the early 1980s, the company brought denim into the domestic market, thus started the jeans revolution in India. Today it not only retails its own brands like Flying Machine, Newport and Excalibur but also licensed international brands like Arrow, Lee, Wrangler and Tommy Hilfiger, through its nationwide retail network. Arvind also runs a value retail chain, Megamart, which stocks company brands.[4][5] The original budget for the company totaled $ 55 thousand, at present it is $ 500 million.…

    • 879 Words
    • 4 Pages
    Good Essays
    Read More
  • Best Essays

    Textile Industry in India
    • 2386 Words
    • 8 Pages

    Textile Industry in India

    All industries or organizations in the world are influenced by factors such as environmental, legal, technical, social, economic, and political factors, in addition to other factors including emerging globalization, competitive market conditions, labor factors, and government policies. In this case, the paper has defined the Indian textile industry’s macro-economic environment through a PESTLE analysis. Up to the point where the Indian economy was liberalized, the textile industry in the country was basically unorganized. However, the industry has now risen to being the second biggest textile industry in the world, only trailing China. It accounts for 38% of total exports in the country, which makes it a major industry in the country (Singleton, 2007: p22). The factors discussed in this paper affecting the Indian textile industry such as political factors are vital since lack of stability would adversely affect it. Since the economy of India is dependent largely on manufacture and export of textiles with 27% of its foreign exchange coming from the sector, environmental and social factors are also of great influence (Singleton, 2007: p23). Therefore, these factors have been discussed, as have the issues that affect these factors in the textile industry.…

    • 2386 Words
    • 8 Pages
    Best Essays
    Read More
  • Satisfactory Essays

    Brochure
    • 1329 Words
    • 6 Pages

    Brochure

    Presently, the country has more than 36,000 waste generating industries, producing approximately 6 million tonnes of wastes per annum. Around 50 per cent of this can be recycled, which is not being done. As per the Frost & Sullivan Report 2013 - “Analysis of Indian Water and Wastewater Treatment Equipment Market” finds that the market earned revenues of over INR 63.07 billion in 2011 and estimates this to reach INR 102.34 billion in 2016. However, despite requirements for pollution control measures, industrial & hazardous wastes are generally dumped on land or discharged into water bodies without adequate treatment. And thus, it becomes, a large source of environmental pollution and health hazard. According to third…

    • 1329 Words
    • 6 Pages
    Satisfactory Essays
    Read More

Related Topics