Textile industry plays a significant role in India. The textile industry is one of the most important needs of people. This is an independent industry, from raw material requirements to end products, and has tremendous added value at all stages of processing.
Today's industrial sector accounts for nearly 14% of total industrial production. The Indian fabric is ethnic, earthy and requires many textures. The textile industry accounts for about 30% of the total design. This means you are potential if you are ready to innovate.
The textile industry is the largest industry in terms of employment and is expected to produce 12 million new jobs by 2010. This has a high potential for employment in the agricultural and industrial sectors. Employment opportunities are created when the cotton is bred. At present, it does not require exclusive government support to go further. It is only necessary to give some directions to organize people to get enough share from profits to spearhead development.
Textile industry consists of the following segments
o Ready-made garments
o Cotton fabrics, including handmade work (Millmade / Powerloom / Handloom)
o Handmade work including rugs  o Coconut
The worst handmade household industry produces average garments, which are only 200 INRs with delicate floral and other patterns. No need to add this. Women in the house rotate the thread and make text in about a week.
It is a fact that small and irregular clothing products can be profitable by making affordable casual clothing and leisure clothing.
Now we can ask where the economy comes from and the big gains if they do not get the lowest end of the chain for the minimum daily wage. Of course it is an irony. What people do in the top layer of the chain uses this text with a fancy design and looking for millions. The straight 6-yard simple saree, a blouse that employs embroidery and beads, and becomes a designer band. For an average person, this can be an oblique cut and give a form that can double your profit. Perhaps the 30% loan, which the industry contributes 60% as in the Indian economy. Although this is an industry, it is necessary to renew the flower. All components go ahead.
Textile exports target $ 50 billion by 2010, of which $ 25 billion will go to the United States. Other markets include the United Arab Emirates, the United Kingdom, Germany, France, Italy, Russia, Canada, Bangladesh and Japan. The names of these countries on the background can give thousands of insights into a thinking mind. An oblique cut that will make a ready piece of clothing will sell it at 600 Indian Rupees, making it worth 300% more profitable.
Currently, the market has become competitive due to the abolition of the import tariffs of multi-threaded arrangements (MFA), which entered into force on 1 January 2005 under the World Trade Organization (WTO) textiles and clothing agreement; However, a closer look at it is an opportunity because better material can be achieved with the traditional input in the Indian market so far.
At present, the textile industry is geared toward other textile sectors of the textile industry, which are called technical textiles. It moves vertically by about twice the growth of textiles for apparel applications, and now accounts for more than half of the total textile production. The manufacturing process for technical textiles requires cost machines and skilled workers.
Technical textiles are used for application screening, bedding and abrasives, sanitary napkins and furniture, blood absorbing materials and heat protection, adhesive tapes, seat belts and other special applications and products.
. India enjoys the abundant resources of raw materials. It is one of the world's largest producers of cotton yarn and fibers such as polyester, silk, viscose, etc. Good Resources
. A wide variety of cotton fibers are available and are rapidly developing synthetic fiber industry.
. India shows great competitiveness in the spinning sector and is present in virtually every process of the value chain.
. The availability of a highly skilled workforce both in management and technology. The country has a huge advantage over lower wages. Because of low unemployment, the cost of fabrication of textiles is automatically achieved at a very favorable price.
. The built-in capacity of spindles in India contributes 24% to the world and is one of the largest yarn exporters on the world market. Modern features and favorable fiscal policy make up about 25% of world trade in cotton yarn.
. The clothing industry is the largest foreign-currency separation sector that contributes to 12% of total exports to the country.
. The garment industry is a very varied size, manufacturing facility, manufactured clothing type, quantity and quality of production, cost, requirement of fabric etc. Importing finished product suppliers both in domestic and export markets.
One of the most important loopholes in the Indian textile industry is the enormous fragmentation of industry structure that is run by small businesses. Since government policies that have caused this deformation have been gradually abandoned, they will see their impact for a long time. As most companies are small, examples of industry leadership are very few, which can be an inspirational model for other industries.
Industry veterans are lowering the current productivity of factories to half or less, which is attainable. In many cases smaller companies do not have the fiscal resources to develop technology or to create high-tech processes. A skilled workforce is inexpensive in the absolute sense; but small businesses lose this benefit.
The uneven supply fund is also a barrier to the integration of existing relationships in the supply chain. This problem creates unverified, unreliable, and inconsistent performance.
Policy and Governance Diversity:
Maintaining small business production to support small business SMEs across the country has resulted in significant fragmentation reflecting the competitiveness of industry. However, most of the sectors are now shut down and big companies and companies place large amounts of money on large installations or expand existing plants.
Second, foreign investment was held outside textile and clothing products. Now the government has gradually abolished these restrictions by reducing import duties on capital equipment and recommending foreign investors to establish manufacturing plants in India. In recent years, India has provided a global manufacturing platform for other multinational companies that manufacture non-textile products; is certainly a foundation for textile and clothing companies.
Despite some stimulating steps in the government, other problems persist, such as various taxes and excise inequalities, due to the diversification of the 35 states and EU territories. However, the outline of VAT is implemented instead of any other tax diversification which clarifies these inequalities once fully imposed.
In India, labor laws remain reliably unfavorable to professions as companies that are no more than ideal models for pursuing a "lease and fire" directive. Even companies often split their business into smaller units to avoid problems caused by labor unions.
In recent years, there has been a gradual move towards reforming labor rights and it is expected that this movement will be more favorable to the environment.
India has a high level of disadvantage due to its geographic location. Due to the global logistic disadvantage of foreign companies, shipping costs are higher and take much longer than some other manufacturing countries like Mexico, Turkey, China, etc. Inbound traffic is also low, shipping – although container movement is not reasonably costly.
Lack of commercial membership:
India is seriously lacking the membership of the trade pact, resulting in limited access to other major markets. This question prompted others to bill quotas and duties that derive the scissors from India.
It is expected that the Indian textile industry is likely to be much better. As domestic fiber consumption is low, domestic consumption is expected to grow by 6-8% of GDP, which will increase the local textile market by 6-7% per year.
India also seizes opportunities in the export market. By 2010, the industry could reach $ 34 billion in export earnings. Regulatory policies help to develop the infrastructure of clothing parks, specialized textile parks, EPZs and EOUs.
Support from the government has ensured the fast consumption of clothing and fiber. The single exchange rate is now valid throughout the country.
Indian manufacturers and suppliers develop design skills that have different tissues in different markets. The Indian fashion industry and fashion designers show their name on the international platform. The Indian silk industry, known for its fine and exclusive brocades, also gives the textile industry tremendous strength.
The industry is upgraded by an exclusive system that has invested $ 5 billion in investments to improve machinery. International brands such as Levis, Wal-Mart, JC Penny, Gap, Marks & Spencer and other industry giants are increasingly buying more fabrics and clothing from India. Alone Wal-Mart bought $ 200 million worth of products last year and plans to buy up to $ 3 billion in the coming year. The European clothing giant GAP is also from India.
As a result of various government initiatives, over the past five years, new textile investment has been made. Nine textile schools have invested Rs.2,600 crore and plan to invest another Rs.6,400 crore. In addition, Indian cotton production has increased by 57% over the past five years; and 3 million additional reels and 30,000 unbroken looms were installed.
By 2010, the government's industry and export promotion councils are predicting the textile industry to reach twice the GDP and exports are likely to reach $ 85 billion. The sector is expected to create 12 million new jobs in different sectors.
Maintaining the Textile Industry
Poor infrastructure can be a barrier to a better network and willingness to divide loyalty from bottom to top and top-down patronage.
. By introducing several retail stores
. Products with the added value of
. With the bottom of the chain, trusting in trust and increasing their innovation capability.
. Keeping market knowledge at all levels that are at a higher level, which takes up the chain.
. By relying on technical textiles with bedding; filtering and abrasive materials; furniture and sanitary upholstery; thermal protection and blood-absorbing materials; Seat belt; adhesive tape, etc., which need skilled workers who are not easy to find in an Indian market.
. By providing a regular R & D class to industry
. The structure of the peripheral market with the regular updating of new accessories.
. By integrating the disorganized sectors into a segment that is functionally independent of each other's unwanted throttles (19659021). Related Efforts to the Industry
. Creating a state-owned cargo shipping mechanism: by rationalizing fiscal functions; modernization technologies through the Technology Educational Fund Program (TUFS);
. Creating Clothes Parks
. With the elimination of bottlenecks in the form of regulatory practice
. Indirect taxes by replacing a national VAT
. By liberalizing contractual standards for textiles and clothing
. By checking the export of raw materials
. Reduced export bills have been reduced by reducing the backlog of claims
. By effectively deploying a price discovery mechanism to track the market trend to take effective measures before a slimump
Promoting Textile Export
To promote exports, the measures must comply
. Gradual gradation of the textile sector
. Political decision to reach the export target
. The woven segment of the finished garment and the knitwear are sewn
. The core technology upgrade system for the next five years
. Liberalization of foreign capital investment policy with up to 100 percent foreign ownership
. 5% discount on capital goods with the appropriate export obligation under the
Export Promotion Capital Goods (EPCG) system and clearly defined EXIM policy
. Pre-authorization system with standard input outputs
. DEPB Scheme credit rates
. Customs exemption system in which exporters are authorized to repay the excise duty and import duty loss on raw materials
. Apparel International Mart Apparel Export Promotion Council is a world-class facility for apparel exporters to exhibit products and built international reputation
. Creation of Quality Control Laboratories
. Garment Park export system to invite international production units together with in-house production flooring.
Source by sbobet