textile industry
g in S e or p ga n Si e or ap 0
01
2
1
20
0
Indian Textile Industry:
A Growth Perspective
Mr. Sachit Jain
Vardhman Group
Singapore, March, 2010
1
g in S e or p ga n Si
1
20
0
Indian Textile Industry: Growth Drivers e or ap 0
01
2
o Global Opportunities o Domestic Policy Frame-Work o Manufacturing competitiveness
2
g in S
0
1
The consolidation of textile manufacturing in Asia
20
e or p gives impetus to Indian Textile Industry growth ga n
Si
e or ap
•0
01
2
•
•
•
70 % of world fiber processing takes place in Asia.
China, India and Pakistan account for 60% of world fiber consumption. Though Bangladesh and
Vietnam have been emerging as competing textile economies. They depend on the imported textile inputs.
Global retailers are preferring single point service helping integrating suppliers of textile and clothing.
World Textile Fiber Processing
Rest of world
30%
Asia
70%
3
g in S
0
Growing1 world trade in textile and clothing offers
20
e or p significant opportunities for Indian T&C exports ga n
Si
e or ap
0
01
2
World Trade in Textiles and Cothing(USD bn)
1600
1400
1200
720
1000
612
800
600
400
200
0
480
310
355
277
362
440
158
198
152
157
203
250
280
1995
2000
2005
2008
Total
Clothing
Textile
2012
4
g in S
1
20
0
World Trade in Textile and Clothing e or
p ga n
Si
a
• 0 With removal of quantitative restrictions especially after 2002, India’s
1
20 textile and clothing exports grew at a higher rate during 2002-2007 e in tandem with growth in world trade in T&C. or p
Comparative growth rate in World Trade in T&C(%)*
Textile
Clothing
T&C
1995-2002
World
0.2%
4%
2%
India
2002 -2007
4%
5%
4%
World
9%
11%
10%
India
11%
11%
11%
*CAGR
•
•
01
2
1
20
0
Indian Textile Industry:
A Growth Perspective
Mr. Sachit Jain
Vardhman Group
Singapore, March, 2010
1
g in S e or p ga n Si
1
20
0
Indian Textile Industry: Growth Drivers e or ap 0
01
2
o Global Opportunities o Domestic Policy Frame-Work o Manufacturing competitiveness
2
g in S
0
1
The consolidation of textile manufacturing in Asia
20
e or p gives impetus to Indian Textile Industry growth ga n
Si
e or ap
•0
01
2
•
•
•
70 % of world fiber processing takes place in Asia.
China, India and Pakistan account for 60% of world fiber consumption. Though Bangladesh and
Vietnam have been emerging as competing textile economies. They depend on the imported textile inputs.
Global retailers are preferring single point service helping integrating suppliers of textile and clothing.
World Textile Fiber Processing
Rest of world
30%
Asia
70%
3
g in S
0
Growing1 world trade in textile and clothing offers
20
e or p significant opportunities for Indian T&C exports ga n
Si
e or ap
0
01
2
World Trade in Textiles and Cothing(USD bn)
1600
1400
1200
720
1000
612
800
600
400
200
0
480
310
355
277
362
440
158
198
152
157
203
250
280
1995
2000
2005
2008
Total
Clothing
Textile
2012
4
g in S
1
20
0
World Trade in Textile and Clothing e or
p ga n
Si
a
• 0 With removal of quantitative restrictions especially after 2002, India’s
1
20 textile and clothing exports grew at a higher rate during 2002-2007 e in tandem with growth in world trade in T&C. or p
Comparative growth rate in World Trade in T&C(%)*
Textile
Clothing
T&C
1995-2002
World
0.2%
4%
2%
India
2002 -2007
4%
5%
4%
World
9%
11%
10%
India
11%
11%
11%
*CAGR
•
•