14-09-2013, 12:26 PM
A BRIEF REPORT ON TEXTILE INDUSTRY IN INDIA
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OVERVIEW OF INDIAN TEXTILE INDUSTRY
Background
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.
India textile industry largely depends upon the textile manufacturing and export. It also plays a
major role in the economy of the country. India earns about 27% of its total foreign exchange
through textile exports. Further, the textile industry of India also contributes nearly 14% of the
total industrial production of the country. It also contributes around 3% to the GDP of the
country. India textile industry is also the largest in the country in terms of employment
generation. It not only generates jobs in its own industry, but also opens up scopes for the other
ancillary sectors. India textile industry currently generates employment to more than 35 million
people.
Current Scenario
The Indian textile industry contributes about 14 per cent to industrial production, 4 per cent to
the country's gross domestic product (GDP), and 17 per cent to the country’s export earnings.
The industry provides direct employment to over 35 million people and is the second largest
provider of employment after agriculture.
Fabric production rose to 60,996 million sq meters in 2011 from 52,665 million sq meters in FY
2007
Production of raw cotton grew to 32.5 million bales in 2011 from 28 million bales in 2007, while
production of man-made fiber rose to 1,281 million kgs in FY11 from 1139 million kgs in 2007.
Production of yarn grew to 6,233 million kgs in 2011 from 5,183 million kgs in 2007.
Technical Textile Segment
Technical textiles are an important part of the textile industry. The Working Group for the
Eleventh Five Year Plan has estimated the market size of technical textiles to increase from US$
5.29 billion in 2006-07 to US$ 10.6 billion in 2011-12, without any regulatory framework and to
US$ 15.16 billion with regulatory framework. The Scheme for Growth and Development of
Technical Textiles aims to promote indigenous manufacture of technical textile to leverage
global opportunities and cater to the domestic demand.
Products of Bombay Dyeing:
Bombay Dyeing by using advanced technology has brought about a change in the textile
business. The entire production is divided into two broad streams, weaving and spinning and
winding. The production level on a daily basis is over 300,000 meters of fabrics. Some of the
important products of the company that have already become significant in both,