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10/9/2016

AnOverviewoftheReadymadeGarmentIndustryinIndiaTextileLearner

AnOverviewoftheIndianGarmentIndustry

R.S.BALAKUMAR
M.A.(SOCIOLOGY),M.L.M.(LabourManagement),PursuingMBA(EXECUTIVE)in(FASHIONTECH),MISTE.,
Chennai,India
Cell:+919283182955
Email:rsbalakumar1953@gmail.com

Introduction:
India is known for its high quality garments for men and most of the garment manufacturers are in the Small and
Mediumlargescaleindustry.IndiansubcontinentisthesecondlargestmanufacturerofgarmentsafterChinabeingthe
globalleaderingarmentproduction.
Indianmen'sclothingindustryhasbeendevelopingsteadilyandrapidlyoverthepastfewyears,thishasbeenpossible
owingtotheIndianmalebecomingmorefashionconscious,andhencethereismoreconsumptionwhichhasincreased
the international demand of men's garments by the rest of the world. Mens shirt, trousers, blazersuits, sherwanis,
weddingsuit,businesssuit,sportssuit,kurtisuitsaremadeindifferentsizestocatertheneedofthecustomersbothin
exportanddomesticmarket.

ReadymadeGarmentIndustryinIndia
Indian womens readymade garment industry making fashionable garments to cater the need of their
customers. salwarkameez, churidarkurtis, Patialasalwar, pyjamasuit, miditop, gowns, nighty, leggings, jeans
trousers, casualshirts, formalpant and shirts,indian saree blouse,designers wedding blouses are produced in ready
madegarmentindustriesinIndia.
IndiaGarmentIndustryhasanadvantageasitproducesmen,women.Andchildrensgarments.bothexportsstylishand
domesticgarmentsformenatbudgetorientedpricesduetoaffordablelabourrateswithcompetitiveperspectives.Today
thebythewayofTechnologicaladvancementanduseofmodernmachineryithasenabledthemanufacturerstoachieve
betterqualityandwelldesigned,fashionablegarments.
India's Garment Industry has been rapidly &steadily growing in last ten years. Exports have been rising as there is an
increaseinordersfrominternationalbuyersaccompaniedbyariseofinvestmentsinthegarmentsectorofthecountry.
TheIndianGarmentIndustryisofmajorimportancetotheIndianeconomyasitcontributessubstantiallytoIndia'sexport
earning, it is estimated and analyzed that one out of every six households in the country depends on this sector either
indirectly or directly for its livelihood. From all over the world the Retailers also increasingly come to India attracted by
lowproductioncosts.ThelargebrandsamongthemareWalMart,Tesco,andM&S.
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10/9/2016

AnOverviewoftheReadymadeGarmentIndustryinIndiaTextileLearner

India's Garment Industry was a unorganized sector a few decades ago, but now this is considered to be the well
organized sector and among the best in the world. It constitutes of skilled fashion designers, dedicated manufacturers,
exporters, suppliers, stockist, retailers,and wholesalers. Indian Garment Industry has carved out a niche in the
international markets and earned a reputation for its durability, quality and appearance. Today's changing consumer
preferences buying branded apparel and fashion accessories, major boom in the garment retail industry, people
shoppingatdepartmentanddiscountstores,shoppingmalls,withrisingdisposableincomes,governmentpolicyfocused
onfasttracktextileexportgrowth,andambitiousgoalshavecreatedseveralinvestmentopportunitiesinIndia.
Government has even made effort to include benefits for Garment Industry. The annual plan for 200708 formulated by
Indian government to promote the textile sector of India, includes schemes for attracting foreign direct investments,
brand promotion through publicprivate partnership (PPP) for global acceptance of Indian brands, trade centers for
facilitating business and image building, fashion hubs as a stable marketplace for Indian fashion, common compliance
codeforcreatingapparelstandardsforthebenefitofbuyers,andtrainingcentersfordevelopinghumanresources.Indian
garmentindustry`shasadecentralizedproductionstructuresubcontracting,whichislowriskandlowcapitalhasserved
theindustrywellbuthasexcludedIndianproductsfromthemassmarketforclothing,whichdemandsconsistentquality
forlargevolumesofasingleitem.

MarketCapitalization
India'sGarment/ApparelMarketSize

INDIA'SAPPARELMARKETSIZE
2003
2004

2002
Volume('000
units)

Value
(Rs.Cr,)

Volume
('000
units)

Value
(Rs.Cr,)

Volume('000
units)

2005
Value
(Rs.Cr,)

Volume
Value
('000
(Rs.Cr,)
units)

Mens
Wear

1254370

23335

1297220 26090

1342140

29135

1393639 32590

Womens
wear

1236880

19130

1300610 21730

1368310

24680

1443113 28375

417810

4215

434340

452020

5835

470978 6615

1139870

9950

1180290 10810

1222280

11745

1268933 13085

372960
4421890

4660
61290

397210 5460
4609670 69330

423020
4807770

6345
77740

456862 7675
5033524 88340

Unisex
Apparel
Kidswear
Uniforms
TOTAL

5240

Today India is booming with fashion and lifestyle, with the organized retail trade growing at a rate of 30% per
annum.
The Indian apparel or Indian garment industry is pegged at more than 90,000 crores with nearly 13% growth per
annum.
The men's garment or clothing segment constitutes nearly 45 % of the total apparel market and growing at a
constantrateeachyear.
Theshareoforganizedbrandedsegmentinmen'swearisfastincreasingintheIndianapparelmarket.

DomesticandExportShare
Indian Garment Sector earns high export revenue, it has witnessed substantial profit accruing to retailers and Indian
manufacturersarereflectedingarmentworkers'wages.

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AnOverviewoftheReadymadeGarmentIndustryinIndiaTextileLearner

Graphofdomestic&export
In2004,AsiantradeintheGarmentIndustrywastothetuneof138billionUSdollars.
In Bangalore itself there are large retail chains from the US and Europe like GAP, Walmart, Tommy Hilfiger and JC
Pennyhaveoutsourcedorderstolargefactoriestothetuneof269.6millionUSdollarsin2005.
In2006,India'stextileindustry(including garments) contributed 14% to industrial production, 4% to GDP, and 17% to
export revenues which directly employed 35 million people including women and backward classes. Apparel exports
totaled Rs 50,479 crore in 200910 compared to Rs 50,293 crore in 200809. But in dollar terms, all months of 200910
exceptJuly,AugustandNovembershowedapainfuldownslideduetotheexhaustedquotasystem,andtofacethetuff
competitionofchina..

EmploymentOpportunities
IndianGarmentIndustryiscloselyconnectedtothefashionindustryandsteadilygrowshandinhand.Withtheseeven
opportunities for the employment is also increasing to a larger level. These high levels of fashion consciousness has
createdtheneedforcandidateswhoarehighlyproductive,efficientandhaveapassiontocreatenewdesignsandgive
waytocreativity.
This Industry demands and requires both skill and diligence. India is an ultimate combination, like it has a matured
garment industry for a long time along with a vast trained manpower. Some of the key areas to work are related to
fashion and apparel design and manufacturing, merchandising, import export according to the government policies,
freightandshipmentsetc.Workasadesigner,orastartupabusinessinthelocalmarketandexpandthebusinessto
theothersareasofthenationalmarket.

ListofTopLeadingCompaniesProducingReadymadeGarmentsinIndia:
1.PantaloonRetailIndiaLtd
2.Shopper'sStop
3.TataTrent
4.GlobusstoresPvtLtd
5.PirmaydRetailLtd
6.ArvindBrandsLtd
7.ProvogueIndiaLtd
8.TheRaymondGroup
9.MaduraGarment
10.RelianceRetialLtd
11. Willslifestyle
12.MurjaniGroup
13.LandmarkGroup
14.GokaldasGroup
15.ZodiacClothing
16.PeterEngland
17.Vanhausen

RecentDevelopmentsofGarmentsIndustryinIndia
InsouthernIndia'sTirupurtown,younggirlsareengagedtoworkintheknittedgarmentindustrywithapromiseof
'goldenopportunity'toearntheirowndowryattheendofathreeyearapprenticeperiod.
KnittedGarmentindustryofTirupurprojectsaturnoverofRs10,000crorethisyear,downfromRs11,000crorein
200607,thankstothefallingdollar.
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10/9/2016

AnOverviewoftheReadymadeGarmentIndustryinIndiaTextileLearner

Theindustryemploys400,000workersregularlyandanadditional500,000seasonallywheremostofthemwomen
andteenagedgirls.
The Indian Garment industry is today modernized via an exclusive scheme, which has set aside $5bn for
investmentinimprovisationofmachinery.
International brands like the Levis, JC Penny, WalMart, Gap, Marks & Spencer and other industry giants are
sourcingmoreandmorefabricsandgarmentsfromIndia.
AccordingtoastudyChinaandIndiawillbemajorgainers.WhereIndiacouldincreasetheirsharefrompresent8
%inUStextilemarketto13.5%andfrom3%to8%inUSGarmentmarket.
MorganStanleyhasprojectedIndiatobeoneoftopthreeexportersoftextileandgarments.
Indian Cotton Mills Federation study has estimated Indian textile exports to reach US $ 40 Billion by 2010 and
12.5%shareintheIndianCommodityexportbasket.
However, the garment industry in India faces stiff competition from countries such as Bangladesh, China and
Vietnam. There is a pressure on the Indian garment industries to produce finished garments at lower costs to
survivethecutthroatcompetition.
Today,around45%ofthetotaltextileexportsinIndiaaccountforreadymadegarments.
Garment Industry in India is looking at achieving an export target of $25 billion an Apparel Export Promotion
Council(AEPC)officialsaid.
Thegarmentindustrytodaywouldneedanadditional1.5millionpeople.
AninvestmentofRs.35000croreintermsofrelatedinfrastructureisrequired.
AEPCplanstosetup50trainingcentersbesidesthe22centersithasatpresentacrossthecountry.
Togivequalityeducationingarmentmaking,manytechnicaleducationalinstitutes,colleges,areavailableinIndia,after
completingtheirrelevantcourse,theycanberecruitedinreadymadegarmentindustries&exportgarmentmanufacturing
industries. More number of small industrial entrepreneurs is growing with prosperity. Government loan facilities are
availabletoestablishthereadymadegarmentindustry.

References:
1.ArticlesonGarmentindustrypublishedinTHEHINDULeadingEnglishnewspaper.
2.Articles on Garment &fashion industry published in monthly magazine VALAR THOZHIL.Tamil leading monthly
magazine.manyarticlesarecontributedbymesincetheyear2000.

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