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ANALYSIS
REGULAR FEATURES
COVERSTORY
- Embroidery : An Art of Expression !
- Laksmi Challa , Guest Faculty Lecturer - Dept. of Apparel Technology & Management, Bangalore University
This article updates the TEXTILE REVIEW readers with the Embroidery's role. Embroidery is an art of decorating a ground fabric with stitches to enrich it and add to its beauty. It can be worked on any pliable material from leather to gauge, in threads ranging from wool to the finest gold and it can be embellished with jewels, pearls and enamels. Laksmi Challa - Guest Faculty Lecturer observes that "The origin of the embroidery, as of all needlework, do obscure owe to perishable nature of fabric. It is also difficult to give an exact history of it". "Embroidery is one of the oldest and most popular forms of surface ornamentation of fabrics and garments, and India is among the top suppliers of embroidered fabrics and garments worldwide. The sector is now getting more organized, with large players entering it" she added.
TREXCLUSIVE
- "The dynamic vision and adapting to the changing market with an innovative eye could only make the embroidery sector flourish further"
- Mahendra Kajiwala
Former President - Textile Club & SGCCI, Surat
In an exclusive interview with the TEXTILE REVIEW, Shri Mahendra Kajiwala, Former President, Textile Club and SGCCI, Surat says that "The embroidery industry entered Surat in 2003-04". Making observations on the developments of this industry at other centres, Kajiwala says that the embroidery industry has simultaneously taken routes at Bombay, Delhi, Jaipur, Kolkata etc. While Surat can boast of the highest population of embroidery machines, Delhi and Kolkata would occupy second and third positions, respectively.
Concluding the discussions, Kajiwala says that "the traditional strength of Surat is in sari and dress materials. Last two years have seen the development of curtain fabric and shirtings as a new segment. Surat has started receiving the grey for both these sectors in large volumes from Bhivandi which is being processed at Surat and then sold in the national network". Kajiwala therefore feels that the dynamic vision and adapting to the changing market with an innovative eye could only make the embroidery sector flourish further. He feels that the Surat entrepreneur imbibes these qualities and therefore there is no need to worry.
The interview provides the readers very informative and descriptive information of the Embroidery Sector.
ANALYSIS
- Garment Industry in India: Critical Analysis - Domestic & Export Potential
- M. K. Panthaki
Director - The Clothing Manufacturers' Association of India (CMAI)
This article is penned by Shri M.K. Panthaki. He gives an overview of Garment Industry in India. Shri Panthaki observes that "The garment industry is gearing itself up for the next five years. By 2010/11, the industry has a vision to scale up exports to $. 23 billion with a corresponding increase in production to meet the demands of the domestic market". "This would mean virtually a four-fold increase in production and heavy investment in additional manufacturing capacity as well as human resources. Direct labour is expected to increase from the current 36.5 lacs to 121.9 lacs by 2010/11, if this vision is fulfilled".
Finally he concludes by saying that "Taking into account the demand push on the economy and the prospects of a resurgent rural economy, the industry does not wish to be caught napping".
Export Performance of Indian Textile Industry : A Sector Study
Dr. P. Chellasamy - Lecturer & K. Umanath - Research Scholar
Department of Commerce - Bharathiar University, Coimbatore
This article jointly authored by Dr. P. Challasamy & Mr. K. Umanath. The article looks into the export performance of Indian Textile Industry. While concluding this article, the authors say that "the textile industry, which is the industry earning the highest income of our country after agriculture. The textile industry's export performance is going well as per the study based on the data shown in the Directorate General of Commercial Intelligence and Statistics (DGCIS). That is the export of textile products is budding year by year". "Numerically say, in the year 2002-03 export of textile products was Rs.60071.70 crs and its climb up to Rs 62017.2 crs in the year 2003-04, and it reached Rs 63024.18 crs in the year 2004-05" they added .
NEWPROJECTS
A Special Feature on upcoming a new projects in textile sector has been introduced. This section provides information about:
- Winsome Textile Industries- implementing an expansion programme at its existing Baddi facility in Solan district of HP.
- Sri Ramagiri Spinning Mills - setting up a cotton yarn spinning mill with a spindleage capacity of 18,000 units at Chowtuppal in Nalgonda district of AP.
- Gokaldas Exports - setting up a new garment unit at Nacharam mini apparel park near Hyderabad in AP.
- Ad-Manum Packagings - proposed plans to set-up-a 30,000 tpa spun bonded non woven fabric production unit in Indore district of MP.
NEWSSNIPPETS
A regular feature covering news on the topics - Go Green: State spin eco-friendly textile park, Indian fashion goes global, Plus-size menswear is the thing, The rising Indian currency-but likely to swallow six lakh jobs in textile sector, Garment processing units ride high on textile boom and many more………
STATISTICS
A regular feature deals with the statistics covering:
- Production of Fabrics
- Textile Exports
- Cost Competitiveness
- Textile Processing Machines: Demand Scenario-India
- India's Share in US and EU Textile and Clothing Market
- Indian Textile Sector : Key Demand Drivers
- Count-wise Production of Cotton Yarn
- Production Details of Total Textile Machines v/s Weaving Machines.
TEXTILE STOCKSCAN
Under the regular column, experts Dilip and Rushik Bhatt discuss about Pioneer Embroideries Limited (PEL). PEL was promoted and incorporated by Shri Rajkumar Sekhani, in the year 1991. His expertise in manufacturing and trading of embroidery fabric, knitted fabric and other garment accessories gives robust growth to Pioneer group. Decades of experience earns title of "Asia's largest embroidery and laces manufacturers". Apart from embroideries clothing PEL also caters Torchon (Bobbin) laces and Raschel laces to domestic market as well as global market like North America, Latin America, Europe, The Middle East and Africa. Pioneer Embroidery manufacturing plants setup at Sarigam, Gujarat and Naroli, Union territory of Dadra - Nagra Haveli are well equipped with in-house facilities of shearing, mending, scallop cutting and yarn preparation for embroidery. It also acquires Hakoba brand and embroidery manufacturing facilities from M/s. Fancy Corporation Ltd. from Mumbai. Currently Pioneer is enjoying no. 1 retail brand for embroidery clothing - "HAKOBA" through its exclusive stores for embroidery and other products.
The advice from the analysts reads -financial performance is showing moderate growth during FY 06-07 where both quarterly and yearly performance shows strength of the company. Revenue increased by 16.24% at Rs. 151.30 Cr. and profit increased by 35.96% at 15.25 Cr. During Q3 and Q4 FY 06-07 market value of PEL has made high of Rs.313.40 which is appx. 300% jump from low of Rs. 81 for same period. Currently stock is trading at Rs. 167.05 we maintain profit booking at every hike.
EXPORT TRADEINQUIRY
A regular feature.
CAREEROPPORTUNITIES
Career Opportunities a profile of the University Institute of Chemical Technology (UDCT).
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