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Simi Balakrishnan
CUTS International
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An Overview
Indian textiles and clothing (T&C) industry is extremely
varied
Industry contributes about…
14% to industrial production
4% to GDP
17 % to country's export earnings
Largest provider of employment after agriculture
Direct employment to over 35 mn people
50 mn engaged in allied activities
Self reliant in the entire value chain – fibre to fashion
Supports agriculture in over 9.5 million hectares of land where
cotton is cultivated.
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India has..
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International Demand Drivers
Dismantling of quotas
Increase in sourcing of textiles by developed markets
from developing countries.
Apparel spending remains significant in life style
products category in developed world.
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Projected Market for Indian T&C – 2015
.
Source: Confederation of Indian Textile Industry
Domestic Domestic
Textile Apparel Textile Apparel
Export Exports Market Market
US$ 22 bn US$ 21 bn US$ 28 bn US$ 29 bn
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Promotion of Textiles Sector in India
Sector is modernizing rapidly
Various schemes and programmes introduced
Increased Investment and Plan Allocation
Investment increased - Rs. 1,08,531 cr (2004-08)
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Thank You!
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