Presentation on Apparel

Industry

Presented By :Sampada Karpate

 INTRODUCTION
•Apparel industry is one of the most important sectors of the economy
•great growth and development in the industrial sector in India as well as
abroad

•entirely based on the contribution of the industrial productivity and

employment

•apparel industry include home decor and furnishings along with clothing
and fashion accessories for kids, women and men

•plays a critical role in the economic development of the country with its
contribution to industrial output, export earnings of the country and the
generation of employment
•India's largest foreign exchange earners
MARKETSHARE IN TEXTILE
 INITITION AND DEVELOPEMENT
• globalization and Indian textile industry took place
simultaneously in the 1990s.
• Indian economy was predominantly an unorganized
industry
• India earns around 27% of the foreign exchange from
exports of textiles
• globalization of India textile Industry has seen a
paradigm increase in the 'total industrial production'
factor of this Industry, which presently stands at 14%
• contribution towards the gross domestic product (GDP)
of India is around 3%
• acceptance of 'open market' policy by the developing
countries, much in the lines of the developed countries of
the world
 CONTI……..
• The initiation development of globalization and Indian textile industry
respectively, was effected by the Ministry of Textiles under the
Government of India

• Indian textile industry employs around 35 million

• 21 % of the total employment generated in the economy.

• Globalization facilitated introduction of modern and efficient

manufacturing machineries and techniques

• India's economic growth is largely dependent on textile

manufacturing and exports
 globalization of the Indian textile
sector factor
• Huge textile production capacity
• Efficient multi-fiber raw material manufacturing capacity

• Large pool of skilled and cheap work force

• Entrepreneurial skills

• Huge export potential

• Large domestic market

• Very low import content

• Flexible textile manufacturing systems
 Advantages: Effect on local economy
• The textile industry is the second largest employer, after
agriculture, with a total workforce of around 35 million
• largest foreign exchange earner
• contribution in exports is nearly 20 per cent
• for 14% of the total Industrial production, contributes to
nearly 30% of the total exports
• second largest employment generator

• emphasizes the need for strengthening the management

mechanism in the industry, to face the emerging
international challenges
•
• competition in both their export and domestic markets.
 How does the Apparel industry look ahead
• progress fashion has become a must item in its agenda

• . Fashion Design Council of India (FDCI) highlights that

designer wear segment in India is a key growth sector.

• Indian fashion industry is all set to grow to Rs 1,000 crore

from the current Rs 180 crore within the next five to 10 years

• more challenging environment and an increasing

responsibility to carry this trend forward
 Conclusion
• Apparel Industry has a huge potential to accelerated in
world
• The Indian textile and apparels industry is in a stronger
position now than it was in the last six decades
• annual growth rate of 9: 10 percent. previous Six decade it
was 3:4
• significant increase in cotton production during the last two:
three years
• apparels industry at competitive prices, providing it with a
competitive edge in the global market
• India, is height achieving all targets through Apparel and
textile industry globally