Textile Industry in India - 5425 Words

------------------------------------------------- Report: The Textile Industry In India ------------------------------------------------- Arvind Mills Prepared for: Industrial Economics Prepared by: Dhruvita.Patel School: FSLE- 3 Application Number: 28380 Initiator: Rupa Korde Date: 21/04/2013 1. Executive summary Indian textile Industry has lately been developing in India has contributed a lot towards the economic growth in terms of generating employment, GDP, economic development etc. Also in the recent times the Indian Textile in Gujarat is booming and there are new mills coming up. This establishes the aim of my report to analysis the top player Arvind mill which is initiated in Gujarat, Ahmedabad with the†¦show more content†¦This industry is self- sufficient they have their own production starting from raw materials to the delivering the finished goods. This industry contributes a lot to the Indian economy. Manufacturing and exports plays an important role in the Indian Textile Industry. India gains around 27 percent of its total foreign exchange by textile exports. The Textile Industry in India is divided into various sectors few of them includes: * ï‚ · Cotton Textiles * ï‚ · Silk Textiles * ï‚ · Woolen Textiles * ï‚ · Readymade Garments * ï‚ · Hand-crafted Textiles * ï‚ · Jute and Coir In the Textile industry there are about 11228 textile mills which has a strong spinning capacity of 29 millions spindles which accounts to be very high. Yarn is usually produced in the mills, whereas fabrics are usually produced in both handloom and powerloom. When we talk about the textile industry in India, cotton has always been dominant in this market where around 65 percent of raw materials is consumed to make cotton. The yearly output of cotton production is very high which comes downs to around 12.8 billion meters. The Textile Industry has highly proving employment to millions, which includes the growers of jute and cotton, weavers which includes weavers who are involved in both organizing and household se ctors which areShow MoreRelatedThe Textile Industry Of India3002 Words   |  13 PagesABSTRACT The Textile industry in India has generated huge employment for both skilled and unskilled labor in textiles . It continues to be the second largest employment generating sector in India. It offers direct employment to over 35 million in the country. The share of textiles in total exports was 11.04% during April–July 2010, as per the Ministry of Textiles. Textile industry is one of the oldest industry of India. â€Æ' INTRODUCTION Textile Industries are concerned with the production of clothingRead MoreCotton Textile Industries in India1484 Words   |  6 PagesINTRODUCTION The Textile Industry occupies a vital place in the Indian economy and contributes substantially to its exports earnings. Textiles exports represent nearly 30 per cent of the countrys total exports. It has a high weight age of over 20 per cent in the National production. It provides direct employment to over 15 million persons in the mill, powerloom and handloom sectors. India is the world’s second largest producer of textiles after China. It is the world’s third largest producer ofRead MoreIndia s Role Of India1425 Words   |  6 Pagesof India in the world trade of textiles and apparel, the political and economic orientation of India and the adequacy of the infrastructure for trade, the currency used and the exchange rate that goes with it against the US dollar, and the opportunities for foreign investment. According to Technopak Advisors, India is one of the largest textile producers in the world and is still growing. They are second only to their neighbors, China, and India is predicted to have a US$ 223 billion industry byRead MoreSwot Analysis Oh Indian Textile Industry1605 Words   |  7 PagesSWOT analysis of the Indian textiles industry: We now do a SWOT analysis of the Indian textile industry keeping in mind the global changes that have taken place in the post quota regime. STRENGTHS- 1. Abundant raw material 2. Low cost skilled labour 3. Presence across the value chain 4. Growing domestic market 5. Strong backward integration 6. Third largest cotton producer as well a the largest area under cultivation 7. Increasing presence across entire value chain 8. Cheap and skilledRead MoreTechnology In Textile Industry868 Words   |  4 Pagesin its textile industry. Spinning mills availed to the maximum benefit from TUFS. Ring spinning system has long been the oldest technology to spin any count of yarn with minimal changes to it in India. With TUFS, air jet spinning has offered manufacturers the opportunity to produce yarn at a relatively high production rate for a lower cost. The Air Jet Spinning Machine has been offered by Rieter India Pvt. Ltd., in which the company has been a leading supplier of spinning machinery for India. The significantRead MoreGlobal And Indian Telecommunication Industry979 Words   |  4 Pagesbusiness. The global and Indian telecommunication industry will present numerous business opportunities in the year 2015. India’s metros are set to transition from 3G networks to 4G network, while many of the 2nd and 3rd tier cities in India will transition from 2G to 3G networks. Reliance, Airtel, Aircel, Videocon and Vodafone are all set to completely rollout their 4G networks during the year 2015, generating employment and wealth throughout India One of the business formats that is rapidly gainingRead MorePest Analysis of Textile Industry1235 Words   |  5 Pagescan improve the quality of a product or service that a business offers. Textile Industry in India: The textile industry is mainly a labor intensive industry as it provides livelihood to the huge population, mainly consists of unskilled workers, and 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 wholeRead MoreMumbai And Its Impact On The West Coast Of India1087 Words   |  5 PagesMumbai or otherwise known as Bombay, originally began as a grouping of seven individual islands in the west coast of India. As a result of the British East India Company’s trading actions during the later part of the 17th century, the small port town began to develop. As time and enlargement of the city progressed over the course of the following two centuries, the seven islands were interconnected through large-scale engineering practices that included the addition of causeways and seawalls. TheseRead MoreChina And I ndi The World s Fastest Developing Economies And Most Populous Nations On The Earth969 Words   |  4 PagesChina and India are two of the world’s fastest developing economies and most populous nations on the earth. The question is whether â€Å"Chindia† is a friend or a threat to the United States. Together these nations have attributed to prosperity, but are it beneficial or harming to others? Chindia can pose many threats to surrounding nations and competitors. China is taking dominance as becoming the world exporter. With all of their products they are able to offer lower prices and beating out many otherRead More Business Plan for Electricity Generation from Biomass Essay1728 Words   |  7 Pagesdeveloped economies. In 2007, India is ranked fifth in the world in terms of energy demand; accounting for 3.6% of total energy consumed, and is expected to grow at 4.8% in the future. India imports 70% of the oil it uses, and the country has been hit hard by the increasing price of oil, uncertainty and environmental hazards that are concerned with the consumption of fossil fuels. In such context, bio energy constitutes a suitable alternative source of energy for India, as large amounts of raw material