India has abundant raw materials when it comes to textiles. It is the largest producer of cotton, silk jute and textile raw materials like PSF, VSF and PFY. So it is natural that India is also the largest producer of textiles and garments. The textile industry has two broad segments, namely handloom, handicrafts, sericulture, power looms in the unorganised sector and spinning, apparel, garmenting, ready-mades in the organised sector.
Indian textile industry is expected to reach a market size of USD 223 billion by 2021. It is also the largest employer after agriculture providing direct employment of 45 million, a major contributor of foreign exchange. The government of India also takes several initiative like allowing 100% FDI, Technical Up-gradation Fund Scheme (TUFS), technical
Telangana government is setting up an apparel value chain system at the upcoming apparel park in Sircilla district near Karimnagar in Telangana. The new park will entail an estimated investment of Rs 100 crore in collaboration with apparel manufacturer Kay ventures. The new park will come up in an area of 20 acres, will house 5,000 state of the art sewing units with its corresponding embroidery, printing, washing and value addition/support facilities and is proposed to be developed in three phases and will be fully operational in three years. The first phase of the project will come up at an investment of Rs 30 crore and will be operational in 9-12 months. While 90% of the investments in the first phase will be borne by the government, remaining will be funded by Kay ventures and their ass
Maharashtra government has unveiled a new textile policy for 2018-2023 to overcome certain short measures. The new policy looks at reducing power tariff and raising capital subsidy for spinning mills. Power tariff is one of the reason where mill owners are migrating to state which provide cheaper power. The policy also looks to strengthen the cotton industry and silk business. It provides higher concessions for setting up units in backward regions like Vidarbha, Marathwada and north Maharashtra region. The policy also provide for creation of textile cluster and garment parks, textile university in the Vidarbha region. Capital subsidy has been increased substantially for processing units, spinning mills, and modernisation of power looms. It proposes to give 45 per cent capital subsidy for
Tiruchi District Tiny and Small Scale Industries? Association (TIDITSSIA) is likely to set up a mini textile park in Manapparai in Tamil Nadu. The textile park will be set up with 50% government subsidy and will have design ideation, training, and sales centers in the park. The textile cluster in Puthanatham in Trichy and other ready made garment units will benefit from the new textile park. Initially, the park may open with 10 textile production unit.
India's silk production which is slated at 28000 metric tonnes is growing at an annual growth rate of 19% and is expected to reach self sufficiency by the year 2020. Currently, China is the global largest produce of silk which has a lion's market share of 80%. India's share is estimated at 13% with remaining 7 % is served by other countries. However, China only produces mulberry variety of silk, while India produces other varieties, including Tasar and Muga. Indian imports have come down from 6500 mt to 3500 mt over the last few years. Overall India is expected to reach production of 34000 metric tonnes by 2020.
Tamil Nadu government is planning to set up a textile park in Irur near Coimbatore in Tamil Nadu. The project will be developed by state Industrial promotion organization SIPCOT. The proposal of the textile park has attracted a large number of entrepreneurs with as many as 31 of them from different parts of the state expressing interest to set up units. The textile park will mainly cater to the needs of export-oriented readymade garments units and production of yarn. TNWSB has planned to provide adequate water supply to the site, where the park will be situated on an area of 40.35 hectares. There were also a sanction of Rs. 6.5 million for a tar road connecting the site to national highway.
Union Textile Ministry's has launched North-East Region Textile Promotion Scheme (NERTPS) to boost textile exports, increase jobs and curb the migration of workers. The scheme aims to develop and modernise the textile sector by providing region-specific flexibility in execution with a massive funds infusion. With NERTPS, the textile ministry has been providing Rs.18 crore each for setting up of a ready-made garment manufacturing unit or 'Apparel and Garment Making Centre' in each of 8 north eastern states. The scheme will also provide computerized sewing machines for training.
Chhattisgarh State Industrial Development Corporation (CSIDC) is planning to develop a textile park in Tilda in Raipur in Chhattisgarh. The corp has identified a 30-hectare piece of land and will develop a textile park with one stop integrated facilities with manufacturing support, welfare and common infrastructure facilities to the prospective textile industries. The park will have testing laboratory, design centre, training centre, trade and display centre, conferencing and meeting facilities, warehouse/raw material depot, packaging unit, canteen and worker hostels and recreation centre. The textile park will entail investment of Rs. 1100 million and will have ginning and pressing, spinning, weaving, processing, and garmenting facilities.
Cotton production is likely to decline by over 14 per cent in financial year 2015-2016 which will be the lowest for the last five years. The crop is in decline for last five year from 35.2 million bales to 33.0 million bales in 2015-16. (estimate). The decline assumes significance in states like Andhra Pradesh, Telangana and Maharashtra where suicides by farmers were a matter of concern. Cotton sowing started weak this year on low soil moisture following deficient monsoon rainfall. According to Gupta, the overall acreage has declined to 11.76 million hectares from 13.08 million hectares a year ago. The 15 per cent decline in average acreage in Karnataka, Andhra Pradesh, Telangana, Gujarat and Maharashtra was likely to hit farmers. In Karnataka alone, the cotton output was estimated at 1.7
Kerala government is planning to set up a textile park in Angamaly with an investment of Rs. 110 million. The proposed 40,000-sq. ft. facility will comprise a design factory with advanced facilities; space for individual units with 50 to 75 workers as well as a training institute. Around 10% of the project cost will be borne by Mahila Apparels Cluster. At present there are 73 units working out of the garments cluster, which has a turnover of Rs. 1.25 crore annually. Each of the units has an average worker strength of 10 to 15.