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REGULAR FEATURES
COVERSTORY
- Indian Textile and Apparel Industry
- Raghav Gupta, Prashant Aggarwal, Rohit Bhatiani , Lalit Yadav & Hitesh Mittal ,Technopak Team
The article deals with the current status of the Indian Textile and Apparel Industry. The authors indicating the estimated size of the Indian Textile and Apparel Industry at US$ 46 billion analyse the present structure indicating that exports to the US and EU increased by 27% and 18% respectively. The domestic apparel markets reach US$ 20 billion size in 2005 which share of branded apparel reaching 24%. The Post quota trend of Indian Textile and Apparel Exports is stated to have registered an increase of 19% to reach US$ 16 billion. The Indian Exports to the US increasing 27% and EU by 18%. A detailed analysis presented by the authors on the current status and the future scenario of Indian Textile and Apparel Industry in this article.
ANALYSIS
Government Policies and Incentives For Growth of Textile Sector in India - An Overview
Shri J. N. Singh I.A.S.,
Textile Commissioner, Govt. of India
Coming from the apex authority the article deals with Government policies and incentives for promoting the growth of Textile Sector in India. The schemes discussed include Technology Mission on Cotton (TMC), Technology Up gradation Funds Scheme (TUFS), Progress of TUFS as of 31st May 2006 indicating year wise project cost sanctioned under TUFS as follows. (Table Page 15), Credit Link Capital Subsidy, Debt Restructuring Scheme (DRS), Scheme for Integrated Parks (SITP), Rationalisation of fiscal duty structure, Power loom Schemes are discussed in details. The article also deals with deriservation of Textile Items, Impact of the policies / iniciatives and the future thrust areas for Government Textiles Policies. Coming from the apex authority like Textile Commissioner it hardly needs to be stressed that most authentic and up-to-date account of various incentive schemes for promoting Textile Industry in India are presented through this article.
Indian Textiles - 2015 Looking for a Glorious Future Dr. Chandan Chatterjee ,
General Manager, iNDEXTb - Govt. of Gujarat
Dr. Chatterjee a noted expert on the subject deals with the Emerging Scenario concerning the Indian Textile Sector. Predicting all round growth Dr. Chattarjee observes - "In Terms of investment flow, therewere about Rs. 50000 crore investment in the Indian Textile Industry in the last five years till 2004 - 05 with 9 Textile Majors alone investing over Rs. 2600 crores". The article also presents and interesting update compering India and China at the Growth of Textile Industry in these countries. Giving uptodate information on Cotton and Manmade Fibre categories Dr. Chatterjee has also delt with the Textile Machinery Sector identifieng the opportunities of Growth.
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Textiles and Apparel Industry - India in the Post Quota Regime
Mr. Dinesh J. Hinduja
Gokaldas Exports Limited.
In an involved an elaborate interview Mr. Dinesh J. Hinduja discusses the Future Potential, Opportunities and Challenges facing the Indian Textiles and Apparel Industry. The Top notch exporter himself Shri Hinduja predicts - "If we can actually swing 10% of Chinese business to India, we would be doubling our exports in 2-3 years ! This task is most certainly achievable." The interview provides interesting insites into the world trend in the field of Apparel and Textiles and the emerging opportunities on the horizon for Indian Players.
SNIPPETS
The News Snippets cover topics like - Handloom Sector may get 25% capital subsidy, American Textile get a desi touch (Indian Textile Entrepreneurs buying into high-end US apparel brands and also manufacturing the such companies to establish a strong hold in overseas markets), Retail chains ride high on Q1 sales, empowered committee for textile parks formed, Indian Textile Companies weave a Global Pattern, Manpower shortage may spoil Textile Dream, Indian Textile Companies lineup Rs. 4500 crore investment, Textile Sector to see investment of Rs. 5951 crore in 2006-07 - A CITI study.
MACHINERYNEWS
Indian Machinery Industry An Overview -
A Brief Overview highlighting the Machinery Market in India estimated to be around INR 103840 million (2004-05) indicates the sharing as under :
Process - 16%, Plastic - 12%, Textile - 17%, Material handling - 4%, Hydraulic Press - 3%, Machine Tools - 10%, Printing and packaging - 19%, Cement - 4%, Mining - 3%, Metallurgical - 4%, Paper - 3%, Sugar - 2% and Rubber - 3%.
EXPORT TRADEINQUIRY
A regular feature.
CAREEROPPORTUNITIES
A regular feature reports of Veermata Jijabai Technological Institute (VJTIn provides a brief account of the activity undertaken by this premier institute.
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