this might be usefull

1. Date:03.10.2011
Economic environment of
business
Prof . Jaisree Desai
11/2/2011

2. Textile industry
Group members : Magesh raja .J
Prithiviraj .A
Shariyank .B.V
Vinu .R.V
11/2/2011 2

3. History of textile industry
 India has been well known for her textile goods
since very ancient times.
 In the early nineteenth century the modern textile
industry took birth in India.
 The first textile mill was established at Fort Gloster
near Calcutta in 1818.
 In 1850's the cotton textile industry, however, made
its real beginning in Bombay.In the year 1854 the
first cotton textile mill of Bombay was established
by a Parsi cotton merchant then engaged in
overseas and internal trade
11/2/2011 3

4.  The vast majority of the early mills were the
handiwork of Parsi merchants engaged in yarn and
cloth trade at home and Chinese and African
markets.
 The first cotton mill established in the year 1861
was at Ahmedabad, which was eventually to
emerge as a rival centre to Bombay.
 The cotton textile industry made rapid progress in
the second half of the nineteenth century and by
the end of the century there were 178 cotton textile
mills.
11/2/2011 4

5. Development
 Indian Textile Industry has earned a unique place in our
country. It is among one of the industries which were
earliest to come into existence in India.
 It accounted for 14% of the total Industrial
production, contributes to nearly 30% of the total
exports and is the second largest employment
generator after agriculture.
 This industry provides one of the most basic needs of
people and holds importance; maintaining sustained
growth for improving quality of life.
 It has an image of self-reliant industry, from the
production of raw materials to the delivery of finished
products, with substantial value-addition at each stage
of processing which forms a major contribution to the
country's economy 11/2/2011 5

6. Latest development
 Indian Textile Industry covers 61 % of the
international textile market and 22 % of the global
market
 Indian Textile Industry is known to be the 3rd
largest manufacturer of cotton across the globe.
 This industry of India claims to be the 2nd largest
manufacturer as well as provider of cotton yarn and
textiles in the world
 India holds around 25 % share in the cotton yarn
industry across the globe
 India Textile Industry contributes to around 12 %of
the world's production of cotton yarn and textile.
11/2/2011 6

7. Several segments in textile
industry:
 Indian industry of Textiles can be divided
into several segments, some of which
can be listed as below:
 Cotton Textiles
 Silk Textiles
 Woolen Textiles
 Readymade Garments
 Hand-crafted Textiles
 Jute and Coir
11/2/2011 7

8. Size of the industry
 The Indian Textile Industry today has approximately
1200 medium to large scale textile mills in India. 20%of
these mills are located in Coimbatore (Tamilnadu).
 The industry has 34 million cotton textile spindles for
manufacturing cotton yarn which account for 70 percent
of India's textile exports.
 Of the Indian textile yarn exports, almost 80 percent
come from coarser yarns.
 The knitting industry is concentrated in Tirupur
(Tamilnadu) and Ludhiana (Punjab). Tirupur produces
60 percent of the country's total knitwear exports.
 Knitted garments account for almost 32 percent of all
exported garments. The major players include Nahar
Spinning, Arun Processors and Jersey India.
11/2/2011 8

9. Growth of indian textile
industry
 Growth along with the investment of
an industry depends heavily on the
economic health of the country.
Indian economy grew rapidly during
the fiscal year 2006-2007 posting a
growth rate of 9.4% p.a. Not only
this, India has been performing
significantly in the last three years
where its average yearly rate of
growth has been estimated to be 8%.
11/2/2011 9

10. Growth in textile industry
11/2/2011 10

11. Major players
 Top leading Companies:
Some of the reputed names in the Textile companies in India are:
Raymonds,
Arvind Mills,
Reliance Textiles,
Vardhaman Spinning,
Welspun India,
Morarjee Mills,
Century Textiles,Ginni Filaments Ltd,
Mafatlal Textiles,
S. Kumar Synfabs,
Bombay Dyeing Ltd, BSL Ltd,
Banswara Syntex,
Grasim Industries,
Oswal Knit India, Fabindia, Laksmi Mills, National Rayon
Corp,
Mysore Silk Factory and many more.
11/2/2011 11

12. Total contribution to the
economic sales
 Indian textile industry is one of largest Industries in
Indian Economy. In 2000-01, the textile and
garment industries accounted for about 4% of
GDP, 14%of industrial output, 18% of industrial
employment and 27% of export earnings. Indian
textile industry is significant in global context
also, ranking second to China.
 The Indian textile industry constitutes 14% to
industrial production, 4% to the country's gross
domestic product (GDP) and 17% to the country’s
export earnings, according to the Annual Report
2009-10 of the Ministry of Textiles.
11/2/2011 12

13. Domestic and Export share
 According to the Indian Ministry of Textiles, the
cumulative production of cloth during April’09-
March’10 has increased by 8.3 % when compared
to the same period of the previous year.
 The total Indian textile exports have increased to
US$ 18.6 billion during April’09-January’10, from
US$ 17.7 billion during the same period of the
previous year, registering an increase of 4.95 % in
rupee terms.
 Gradually the share of textile exports in total
exports has increased to 12.36% during April’09-
January’10, as per the Ministry of Textiles.
11/2/2011 13

14. Contd..
 During April-March 2009-10 textiles
has registered a growth of 5.5%
according to the Index of Industrial
Production the data released by the
Central Statistical Organization (CSO).
Cotton, white wool, silk and man-
made fibre textiles have registered a
growth of 8.2 % while textile products
including apparel have earned a
growth of 8.5%.
11/2/2011 14

15. Employment oppurtunities
 Job opportunities are diverse in nature in the textile industry
ranging from production, designing, distribution and sales.
The need for manpower for the textile industry is growing to
keep up with the growing demand; freshers are finding
numerous job opportunities in the textile industry of India.
 The Indian textile industry offers opportunities to fresher’s
from various academic backgrounds as nature of job is
diverse. A textile engineer must have an engineering
background; either B.E. or B.Tech is preferred.
 The industry considers even the textile diploma for jobs. One
more interesting demand for textile industry is the textile
faculties which are in rise, for which a post graduate degree is
mandatory.
 Textile sales executives is another opportunities required by
the apparel stores where graduates are recruited from all
disciplines.
11/2/2011 15

16. Super spinning mills
Next to agriculture, Textile industries contributes to a larger
extent in india’s GDP
Let us see the rapid growth of textile industry with the export sales data of
SUPER SPINNING MILLS LTD which is headquartered in coimbatore, Tamiln
11/2/2011 16

17. Export sales of super spinning
mills ltd
This illustrates the rapid growth of textile industry in india.
11/2/2011 17

18. 11/2/2011 18