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FACE 2 FACE
ANALYSIS
REGULAR FEATURES
COVERSTORY
Organic Textiles
Dr S Mukhopadhyay - Department of Textile Engineering & Dr. S V Agarkar - Department of Chemistry, Anuradha Engineering College, Chikhli
This article penned jointly with Dr. Samrat Mukhopadhyay, Department of Textile Engineering and Dr. S V Agarkar, Department of Chemistry, Anuradha Engineering Collage, Chikhli. They gives readers a very critical and a comprehensive view on the Organic Textiles. Organic textile is defined as the growing of raw materials without the use of prohibited agrochemicals and production of textile articles without pretreatment like bleaching synthetic dyeing as well as printing and it also includes the use of ecofriendly packing materials & inspection of product quality. The experts say "The textiles industry is one of the largest polluters in the world. An alternative that isn't dangerous and doesn't cause such destruction to our environment is required. Around a quarter of the world's insecticides are used to grow conventional cotton, and ten percent of its pesticides and at least 8,000 chemicals are used to turn raw material into clothes, towels, bedding and other items that we put next to our skin every day. Shockingly, use of the pesticide in farming cotton in developing countries is causing the poisoning of thousands of workers, often resulting in their death". "The scientific community's jury is still out on the exact effects to human health of many of the chemicals used in cotton farming, with potential side effects including cancer and disruption to the hormonal and reproductive systems of the body. Same is true with other fibers. So promotion of organic farming would facilitate mitigation of such harmful effects to the consumer" experts added.
Cotton & Cotton Textiles in India - Outlook Dr. S. Sudalaimuthu - Lecturer & P. SenthilKumar - M.Phil Scholar , Department of Commerce, Bharathiar University, Coimbatore
Cotton plays a vital role in the Indian economy through its contribution to employment generation and export earnings. The ratio of the use of cotton to man-made fibre and man-made continuous filament yarn by the Indian textiles industry in 2005-06 was 60:40 (provisional). It provides livelihood to around 6 millions farmers, while another about 40-50 million people are engaged in cotton cultivation, trade and its processing. India was the second largest producer (4.15 Million Metric Tons) of cotton during 2005-06, accounting for 16.75% of the global production. Authors observed that -" India has a very strong and diverse raw material base manufacturing fibres/yarn from natural i.e., cotton, wool, silk, jute to artificial i.e., synthetic, cellulosic and multiple blend of such fibres/yarn. India has competitive advantage in terms of labour cost also. The entire product groups namely cotton yarn, fabrics and made ups showed positive growth with made ups registering the highest at 37.04 per cent. With textile quotas scrapped, cotton textiles exports rose by 26.29 per cent to Rs 21,502.27 crore for the year ended March 31, 2006, compared with Rs 17,025.91 crore in the previous year". "The share of cotton textiles in overall textile and clothing exports is 27.21 per cent. For India's cotton textile exports, the US continues to be the largest single market with a share of 23.14 per cent valued at Rs 4,976.31 crore. In cotton yarn, South Korea was the biggest market with exports placed at Rs 903.4 crore. Definitely the growth rate should be between 20 and 25 per cent next year" authors' added.
FACE 2 FACE
"India is poised to have larger global share both in cotton exports and cotton textiles"
Subhash Grover
Managing Director - The Cotton Corporation of India Limited, Navi Mumbai
Subhash Grover, Managing Director of the premier agency the Cotton Corporation of India Limited could claim himself to be an expert in his own right as he guides the destiny of the largest public sector initiative in procuring and trading in cotton. Mr. Grover has a broad understanding of all aspects of cotton production, marketing and processing, etc., especially in India. He has been invited on international groups/expert panel by agencies like International Cotton Advisory committee, USA. As CCI Operations cover all the cotton growing states in the country comprising of
- Punjab, Haryana and Rajasthan in Northern Zone
- Gujarat, Maharashtra and Madhya Pradesh in Central Zone and Andhra Pradesh
- Karnataka & Tamil Nadu in Southern Zone as also in Orissa.
He has before him a full canvas depicting the cotton production and processing in India. Grover shares his valuable insight and views with TEXTILE REVIEW sharp focussing on important facets of development in this sector and interpreting these developments to predict the future.
ANALYSIS
INDIAN TEXTILE INDUSTRY: BRAND STRATEGY AND EXPORT COMPETITIVENESS
Dr. M. Dhanabakyam
Lecturer in Commerce
M. Latha
M.Phil Scholar , Department of Commerce, Bharathiar University, Coimbatore
Textiles account for 14 per cent of India's industrial production and around 27 per cent of its export earnings. From growing its own raw material (cotton, jute, silk and wool) to providing value added products to consumers (fabrics and garments), the textile industry covers a wide range of economic activities, including employment generation in both organised and unorganised sectors. The constantly changing market poses new challenges to clothing enterprises, and the clients' demands are also continually rising, and so it is necessary every now and again to offer them a higher added value. This added value is a properly planned brand strategy, the so-called branding. Experts concluded by saying that "enterprises can use various marketing instruments in their actions. Obviously, managing a brand needs much talent and skill, but most of all some experience. In order to fully exploit the opportunities given by the brand strategy, it needs constant work on the brand, investment in its devel opment and expansion of its capital. Therefore it is worth finding out precisely all the possible aspects of brand managing, if we wish to achieve a position of the leader in a given sector". "On the other hand competitive strategies are developed by sector level firms and it's their individual and collective initiatives that secure higher market share in global trade. While one has to be ever vigilant of non-tariff barriers in the post MFA world, the new market will be won on the basis of capabilities across the supply chain. Policy will need to facilitate this building of capabilities at the firm level and the flexible strategies that firms will need to devise periodically" experts added.
NEWPROJECTS
A Special Feature on upcoming a new projects in textile sector has been introduced. This section provides information about:
- Tessuti Garments -setting up a garment production unit at Kanakapura near Bangalore in Karnataka.
- Supreme Yarns-setting up a state-of-art technology based unit for hand knitted garments at Ludhiana in Punjab.
- Subburaj Cotton Mills- setting up a cotton yarn spinning mill at Krishnan Koil in Virudhunagar district of Tamil Nadu.
- Enn Tee International-setting up a 10tdp non woven fabric production unit at Haridwar in Uttarakhand.
- Gangotri Textiles-setting up a spinning mill at Pushpathur in Dindigul district of Tamil Nadu.
- Patspin India- reported progress on the setting up of a spinning mill at Ponneri in Coimbatore district of Tamil Nadu.
- Sitaram Spinners-setting up a cotton yarn spinning mill at Ghanpur in Medak district of Andhra Pradesh.
- Bhavanam Spinning- expanding its cotton yarn spinning mill at Bhiminenivaripalemin Guntur district of Andhra Pradesh.
NEWSSNIPPETS
A regular feature covering news on the topics- SRTEPC Seminar to help exporters cope with the adverse effects of rising rupee, The new Office Bearers of the Textile Machinery Manufacture's Association (India), Arvind Mill to merge SBUs under apparel & textiles, Welspun Retail plans network expansion, 'Medical textile' with military use being developed by ATIRA, Yarn output increases by 10% in 2006-07, State heading for record cotton harvest, Bailout deal for textile exporters soon, out sourcing catches on in branded apparel, Century Textiles garment arm to derive textile ops growth, Bombay Rayon to raise Rs 500 cr in follow-on-offer, Consolidation on cards in textile sector, kutch cotton farmers go organic, An unsung revolution in cotton country, Blackstone picks 50% in Gokaldas for $165 million, Maharashtra to replicate state cotton production model, Apparel biggies bet big on women's formalwear segment.
STATISTICS
A regular feature deals with the statistics covering:
- Cotton consumption (SSI & NON-SSI UNITS)
- Cotton World Production
- World Cotton Area
- Number of Cotton/Man-Made Fibre Textile Mills (Non-SSI) And ITS Installed Capacity (State-Wise) As On 30/06/2007 (P).
- World Cotton Yield
- Cotton: India
- Consumption & Imports of Foreign Cotton (Including SSI) Cotton Year Wise
- India's Export Major Textile Items
- Domestic Delivery of Cotton Yarn By Mills Including SSI Units
TEXTILE STOCKSCAN
Under the regular column, experts Dilip and Rushik Bhatt discuss about Bannari Amman Spinning Mills Ltd. "Bannari Amman" is one of the biggest industrial groups from South India engaged in manufacturing, trading, distribution and financing activities. Bannari Amman Spinning Mills Ltd which was formerly incorporated as Shiva Textiles (CBT) Limited and subsequently renamed in 1991. Bannari Amman was established with well equipped infrastructure and timely upgraded by latest technology. Spinning division at Dindigul has installed capacity of 29,232 spindles having production capacity of 16 tonnes of cotton yarn per day. It also has capacity of more than 35,000 lbs per day of combed & carded ring spun yarn. Weaving division at Coimbatore has 28 Sulzer projectile wider width looms specialized in manufacturing of wider-width cotton fabric up to 140 inches in the 500 TC to 1000 TC (thread count) range. Bannari Amman has leadership in cotton yarn spinning and made ups in southern part of India. Apart from domestic territory Bannari caters 24% of the production to Israel, Mauritius, Egypt, Taiwan and South Korea.
The advice from the analysts reads- "Financial performance of Bannari Amman shows optimistic growth in both top-line and bottom-line performance for QoQ and YoY. Revenue jumps at Rs. 35.32 Cr. and net income at Rs. 5 Cr., which shows more than 60% and 50% YoY gain respectively. Again net income increased by 50% from Rs. 3.38 Cr. QoQ". "Stock is currently trading at Rs. 79.45 not so attractive yet. Since present volatility in domestic and global market not providing any clear indication for healthy movement either side, we maintain "Sale" at current level for those who already have their position and could enter again at lower level around Rs. 69" experts added.
EXPORT TRADEINQUIRY
A regular feature.
CAREEROPPORTUNITIES
Career Opportunities a profile of Bapatla Engineering College
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