Thursday 19 December 2013

Growth In Textiles Sector

The production of textile items is showing an increasing trend export performance of the Indian textiles and clothing sector during 2011-12 to 2013-14 (April-October).
The Production of textile items during 2011-12 to 2013-14 (Apl.-Oct.) is as follows:-
 Items
Unit
2011-12
2012-13
2013-14
(Apr.-Oct.) (Prov.)
Man made fibre
Mn.Kg.
1234
1263
770
(739)
spurn yarn
Mn.Kg.
4372
4868
3056
(2787)
Man made filament yarn
Mn.Kg.
1463
1371
773
(839)
Fabrics (including Khadi, wool & silk)
Mn. Sq.mtr
60453
62792
37406
(36651)
Note: Figures in brackets indicates data for the same period previous year.

The export textile items during last two years and current is given below:-
(Value in Rs. Crore)
(Qty. in Mn. Kg)
ITEMS
2011-2012
2012-2013
2013-14
Qty
Value
Qty
Value
Qty
Value
Fibre
2669
24948
2795
23047
629
4612
Fibre Waste
83
571
94
674
48
397
Yarn
1619
24902
1984
30156
862
15105
Fabrics
NA
22248
NA
23114
NA
10771
Ready Made Garments
NA
65739
NA
70522
NA
34788
Madeups
NA
18930
NA
21980
NA
10033
Other Textiles
NA
8176
NA
10494
NA
4972
Total
NA
165515
NA
179987
NA
80678

Source : Monthly Statistics of the Foreign Trade of India. DGCIS, Kolkata.Chapter Heading of HS code50 to 63)
Note : N.A – Not available since quantity are in different units
The steps taken to accelerate the growth in textiles, included in the Foreign Trade Policy 2009-14, which includes incentives for exports to focus markets and focus products, interest subvention on pre-shipment credit, duty-free import of trimmings etc. required by the garmenting industry and duty-free import of tools required by the handicrafts industry. The other measures taken by the Government to encourage the growth of Indian textiles export are: 2% interest subvention scheme on readymade garment sector up to March’2014, additional incentives for incremental exports to the US, European Union and Asian countries, additional duty credit of 2% of FOB value given on export of certain knitwear apparels for the year 2013-14, inclusion of new Markets such has New Zealand, Cayman Islands, Latvia, Lithuania and Bulgaria under Focus Market Scheme, 2% market Linked Focus Product Scheme for USA and EU extended up to 31st March, 2013, extension of Zero duty EPCG scheme up to 31st March, 2013, etc. a number of schemes have been approved by Ministry of Textiles like Technology Upgradation Fund Scheme, Scheme for Integrated Textiles Park, Integrated Skill Development Scheme, Integrated Processing Development Scheme to accelerate growth in textiles.
The Government has undertaken research and studies on various facets of textile industry including estimating the domestic household market size of textiles, export competitiveness analysis of the Indian textiles in different export destinations of the world. 61 Textiles Parks have been sanctioned by Government of India in different states.  In the 12th Five Year Plan, Government has invited applications for sanctioning new textile hubs.


The information was given by the Minister of State in the Ministry of Textiles Smt.Panabaaka Lakshmi in the Rajya Sabha on 18th December 2013.


Ref : http://pib.nic.in/newsite/PrintRelease.aspx?relid=101989

Wednesday 4 December 2013

Garment exports to touch 60 billion US $ in next three years

At Textile Conclave 2013, Dr. A Sakthivel, Chairman, AEPC said that India’s garment exports would be touching 60 US $ billion in the next 3 years, with the help of Government support. 

Dr. Sakthivel identified shortfall of labour to be the biggest bottlenecks. Chairman AEPC informed that, “We are getting good orders and have won the confidence of buyers. As a brand India we are recognized everywhere but challenge is translating that leverage into the world textiles global hub.” We are looking for skilled people in large number to meet them. Definitely India will be number one in garment export. The one day Textiles Conclave 2013 is the organized by the Ministry of Textiles. The Union Textiles Minister inaugurated the conference in presence of Secretary Textiles Smt. Zohra Chatterji and stakeholders of the Textiles Industry.

Apparel exports grew to 31% for the month of October 2013. Export in dollar terms for April-Oct. of the FY 2013-14 has increased by 15.5 per cent over the same period of previous FY and reached to USD 8259 million however, in rupee terms exports increased by 26.18 per cent compared to same period of last FY.

Lauding the efforts of Textiles Minister Dr. K S Rao and Secretary Textiles, Smt Zohra Chatterji , Dr Sakthivel stated that, “Today’s Textiles conclave is the first conclave in the history of India. This is a mega platform where all stakeholders from the Textiles industry, including policy matters, industrialists and the Government, to usher the new era for the Indian Textiles Industry. The issues that were discussions and deliberations and sharing of prospective will surely fix the agenda of the textiles Industry. Bodies like NTC, SRTEPC, EPCH, TEXPROCIL. SIMA, CMAI

On the partnering OF Textiles Conclave with CNBC TV 18 for the Textiles conclave Chairman AEPC, stated that, there is also way to brand India through international media tie-ups and promotions.

Speaking on the Textiles Conclave 2013 Dr. K S Rao, the Union Textiles Minister stated that, I am happy to participate in the Textiles Conclave. This is the golden era of textiles in India and we have to work to make India hub of Textiles exports. I don’t think it’s difficult to achieve the number 1 position. We have the potential and capacity we need to just take care of skill training and power availability.

Delivering the inaugural address Secretary Textiles, Smt. Zohra Chatterji stated that, we are building road map to move forward. The planned schemes are ready and we are going full way to implement it. We have a strong raw material base, skilled workforce and stringent compliant standards. Top brands and retails are eyeing India as a sourcing destination. We have a large skill base to meet the growing burgeoning demand the women need s to work for the longer hours and our role is to make this possible.


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