ON TECHNICAL TEXTILES Technical textiles has often been referred as the sunshine sector in India and there is little doubt about the growth of technical textiles industry in the years to come. Technical textiles are functional fabrics which have applications in a very diverse range of economic activities including automobiles‚ civil engineering and construction‚ agriculture‚ healthcare‚ industrial safety‚ personal protection etc. There are basically 12 segments of technical textiles which are Agrotech
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privileged exports sector in India contributing 30 % of total exports. And it has valid reasons. A long history of fine textiles‚ easy availability of the finest raw material‚ natural or manmade‚ classic weaving‚ manual or mechanized‚ labor availability and flexible production capacity; India’s textile industry is vertically integrated from raw material to finished product‚ including fiber production‚ spinning‚ knitting and weaving‚ and apparel manufacture. Government of India through export promotion
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EXECUTIVE SUMMARY EXECUTIVE SUMMARY The textile industry is mainly a labor intensive industry as it provides livelihood to the huge population‚ mainly consist of unskilled workers‚ thus plays a pivotal role in the development of any economy. As this particular industry also comes under the basic necessities of human beings‚ it impacts a lot to the society as a whole. There has been increase in demand of textile products in last few decades globally‚ mainly due to rapidly changing social and
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INDUSTRY OVERVIEW The Indian Industry as a whole has given away a growth which is of positive but comparatively less than the previous year. For instance the Industry registered a growth of 7% in the month of April 2008 as compared to 11% growth registered in the same month of the previous year. In March 2008 industrial growth which was recorded was 3.9% the lowest in past 6 years. The growth slipped due to the sharp downfall in the manufacturing and specifically electrical sector to 7.5% and
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The Rise of India India‚ one of four great ancient civilizations‚ has a splendid history‚ and it also has an important influence and effect on the development of world civilization. India’s societal development was lost during the period of British colonialism. However this indomitable nation is now rapidly developing. Since the 21st century when globalization swept the world‚ India has gotten the chance to move. India is rising. The paper will use PEST political environment‚ economic environment
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PEST Analysis of India This paper will provide the advantages and disadvantages of different facets that fall within the PEST analysis: political‚ economical‚ social‚ and technological aspects of India. Political: India is the biggest democracy in the world‚ with a government type of federal republic. The country’s form of government mimics the United States with its federal structure. The federal government consists of executive‚ legislative‚ and judicial branches. In addition
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PEST analysis of India Political Factors (1) Since 1991‚ India market become a free-market system and open to foreign investors ; (2) The political of India is relatively more stable than before ‚ The stability of the regime affecting the development of the national economy; (3) There are different legal systems in different regions; (4) The Indian Constitution guarantees justice‚ equality and freedom of its citizens‚ and efforts to promote the exchanges between each other;
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REPORT ON TEXTILE INDUSTRY IN INDIA March‚ 2013 A brief report on Textile Industry in India 1. OVERVIEW OF INDIAN TEXTILE INDUSTRY 1.1 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
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The Textile Industry and Related Sector in India Source: New Cloth Market The Textile Industry and Related Sector in India Source: New Cloth Market 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
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Poter’s Diamond Analysis on FDI in India Factor Condition; ➢ India is the second most populous country in the world. Some 68% of the population still lives in rural areas. A total of 550 million Indians are under the age of 25 and 350 million under 15 years (IBEF‚ 2008). By 2013‚ the net addition to the productive population (age 25-44 years) will be 91 million‚ or 33 %. The biggest benefit of this demography is the high consumer base [pic] [pic] ➢ The working age populaton is expected
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