TEXTILE INDUSTRY

GROUP NAME

DIAMOND

Submitted to,

PROF. SHWETA

GROUP MEMBERS

IntroductionIndia is the second largest producer of fiber in the world

Fiber is prepared from the following resources:

Plant origin ,animal origin, mineral origin, synthetic origin

Basic process : Raw material converting to yarn cloth.

History It is recorded since from prehistoric times the

6th &7th centuries, invention of flask &wool fabric

In China development of sericulture and spin initiated in 2640AD

In India culture of silk introduced in 400AD & spinning of cotton traces in 3000AD

During 18th century mass production of yarn & largest in India

India textile 19th century 1st mill is introduced Calcutta in 1818 the 2nd mill developed then in 1854 in Bombay by parasi merchant

TECHNICAL REVOLUTIONFlying shuttle invented by John kay

Roberts loom in weaving shed in 1835

Robert self acting mule with quadrant gearing

MAJOR PLAYERS :NATIONAL

MAJOR PLAYERS :INTERNATIONAL

Indian Textile Industry

SECTOR CONTRIBUTION

Strengths

Independent & Self-Reliant industry

Availability of Low Cot and Skilled Manpower

Availability of large varieties of cotton fiber

India is one of the largest exporters of Yarn in international market

Weaknesses1. Indian Textile Industry is highly Fragmented

Industry.2.  Industry is highly dependent on Cotton. 3. Lower Productivity in various segments. 4. There is Declining in Mill Segment. 

1.Growth rate of Domestic Textile Industry is 6-8% per annum. 2. Large, Potential Domestic and International Market. 

3. Product development and Diversification to cater global needs. 4. Elimination of Quota Restriction leads to greater Market Development. 

1.Competition from other developing countries, especially China. 2. Continuous Quality Improvement is need of the hour as there are different demand patterns all over the world. 3. Elimination of Quota system will lead to fluctuations in Export Demand. 4. Threat for Traditional Market for Power loom and Handloom Products and forcing them for product diversification. 

GOVERNMENT POLICIES National textile policy,2000 TMC i.e. Technology mission on cotton National jute policy Jute technical mission CPCDS: Comprehensive powerful cluster

development scheme CHCDS: Handloom cluster development

scheme CHCDS :Handicraft cluster development

scheme

CURRENT AFFAIRS & INVESTMENTS

Between January 2000-2011 industry attracted FDI worth US$ 934.5 million

Union government decided to streamline debt Rs. 35000 cr.

ISDS and apparel sector for textile industry was launched by ministry of textile .