Escolar Documentos
Profissional Documentos
Cultura Documentos
Executive Summary....3
Advantage India...4
Growth Drivers.........21
Opportunities........33
Case Studies........36
Industry Organisations...........40
Useful Information...........42
EXECUTIVE SUMMARY
Rising per capita income, favourable demographics and a shift in Textile and apparel industry in India (US$ billion)
preference to branded products to boost demand
250 CAGR 12.84%
The domestic textile and apparel industry in India is projected to
200
reach US$ 223 billion by 2021 from US$ 137 billion in 2016.
150
100 223
108
50 137
0
2015 2016 2021E
Favourable trade policies and superior quality to drive textile exports Textiles and apparel exports from India (US$ billion)
Textile and apparel exports from India is expected to increase to
100 CAGR 12.06%
US$ 82 billion by 2021 from US$ 36.63 billion in FY17
80
82
60
40
20 40
0 19
FY16 FY17(P) 2021E
Increase in domestic demand set to boost cloth production Total cloth production in India (billion square metres)
Total cloth production in India stood at 53.5 billion square metres in
80
FY17 (upto January 2017).
60
64.3 64.6
40 53.5
20
0
FY15 FY16 FY17
Notes: CAGR - Compound Annual Growth Rate, E Estimate, P Provisional; - up to January 2017
Source: Ministry of Textiles, Make in India, Technopak, Aranca Research
ADVANTAGE INDIA
ADVANTAGE INDIA
ADVANTAGE
INDIA
100 per cent FDI (automatic route) is
Abundant availability of raw materials such allowed in the Indian textile sector
as cotton, wool, silk and jute Under Union Budget 2016-17, the
India enjoys a comparative advantage in government has allocated US$ 7.43
terms of skilled manpower and in cost of million for setting up integrated parks in
production relative to major textile India
producers Free trade with ASEAN countries and
proposed agreement with European Union
will boost exports
Note: SITP - Scheme for Integrated Textile Park; FDI - Foreign Direct Investment, ASEAN - Association of Southeast Asian Nations, E Estimate; F-Forecasted
Source: PHD Camber of Commerce; Federation of Indian Chambers of Commerce and Industry, Aranca Research
MARKET
OVERVIEW
EVOLUTION OF THE INDIAN TEXTILE SECTOR
The 1st cotton textile mill of Number of mills increased SITP was implemented to Make in India campaign was
Mumbai was established in from 178 in 1901 to 417 in facilitate setting up of textile launched to attract
1854 1945 units with appropriate support manufacturers and FDI.
The 1st cotton mill of Out of 423 textile mills of the infrastructure Technology Mission for
Ahmedabad was found in undivided India, India received After MFA cotton prices are Technical Textile has been
1861; it emerged as a rival 409 after partition and the aligned with global prices continued.
centre to Mumbai remaining 14 went to Pakistan Technical textile industry will Under Union Budget 2017-18,
In 1999, TUFS was set up to be a new growth avenue Government of India allocated
provide easy access to capital Free trade agreement with around US$ 926.66 million for
for technological up gradation ASEAN countries and textile Industry. Major focus of
TMC was launched to address proposed agreement with EU this budget is to attract
issues related to low under discussion manufacturers, initiate
productivity and infrastructure technology upgradation and
Restructured TUFS was
setup Integrated textiles
In 2000, NTP was announced launched attracting a subsidy
parks, etc.
for the overall development of cap of US$ 420.65 Million
the textile and apparel Measures were also
industry announced to be taken to
foster faster clearance of
import and export cargo
Note: NTP - National Textile Policy; NTC - National Textiles Corporation; ASEAN - Association of Southeast Asian Nations, TUFS - Technology Upgradation Fund Scheme; TMC -
Technology Mission on Cotton, EU - European Union
Source: Union Budget 2015-16, Make In India
The fundamental strength of the textile industry in India is its strong production base of wide range of fibre / yarns from natural fibres like cotton,
jute, silk and wool to synthetic / man-made fibres like polyester, viscose, nylon and acrylic
India accounts 63 per cent of the market share of textiles and garments
With production of 6,106 million kg, India was the largest producer of cotton in 2016-17.
Indian textile industry accounts for about 24 per cent of the worlds spindle capacity and 8 per cent of global rotor capacity
India has the highest loom capacity (including hand looms) with 63 per cent of the worlds market share
India accounts for about 14 per cent of the worlds production of textile fibres and yarns (largest producer of jute, 2nd largest producer of silk and
cotton; and 3rd largest in cellulosic fibre)
India is the 2nd largest producer of Manmade Fibre and Filament, globally, with production of around 2,11 million kg in 2016-171.
226
The industry accounts for nearly 15 per cent of total exports 200
The size of Indias textile market in 2016 was around US$ 137 billion,
which is expected to touch US$ 226 billion market by 2023, growing
at a CAGR of 8.7 per cent between 2009-23E 150
137
launch the new textile policy in the next three months. The policy
aims to achieve US$ 300 billion worth of textile exports by 2024-25 100
108.5
99
and create an additional 35 million jobs.
89
78
70
50
0
2009 2010 2011 2014 2015 2016 2023E
Production of raw cotton in India grew from 28 million bales in FY07 Visakhapatnam
Production of raw
portcotton
traffic (million bales)
tonnes)
and further increased to 35.1 million bales in FY17
39.8
country, domestic consumption totalled to 30 million bales, while in
38.0
FY151, the domestic consumption of raw cotton stood at 30.4 million 35
35.6
35.3
35.2
35.1
bales
33.9
30
30.7
30.5
Raw cotton and man-made fibres are major segments in this
29
28
category 25
Raw wool and raw silk are other components their production
levels are much lower 20
15
10
0
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Note: CAGR - Compounded Annual Growth Rate, (1) Projected Data; One Bale - 170 kilogram
Source: The Cotton Corporation of India Ltd, Aranca Research
1.4
1.3
1.3
1.3
1.29
1.27
1.2
1.26
1.24
1.23
1.14
1.07
1
0.8
0.6
0.4
0.2
0
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Production of yarn grew to 5664.04 million Kgs in FY17 from 4712 Visakhapatnam
Production
port
of yarn
traffic
(Million
(million
kg)
tonnes)
million Kgs in FY11, implying a CAGR of 3.11 per cent
5665
5664.04
Cotton yarn accounts for the largest share in total yarn production; in
5488
5309
FY171, the segments share amounted to 71.66 per cent 5000
4867
4712
4372
4000
3000
2000
1000
0
FY11 FY12 FY13 FY14 FY15 FY16 FY17
Fabric production in the country rose to 64,775 million square metre Visakhapatnam
Fabric production
port(million
traffic (million
square metre)
tonnes)
in FY171 from 52,665 million square metres in FY07, implying a
CAGR growth of 2.09 per cent.
100%
Cotton yarn, a major segment in FY15, accounted for more than 57
10,062
10,449
10,809
11,039
21,173 6,888
20,534 6,766
22,840 7,767
8,278
8,468
9,282
per cent share in fabric production, with the share reaching to 59.98 90%
per cent in FY171
21,675
20,567
18,797
80%
17,094
16,924
15,335
13,963
Fibre production in India is expected to reach 10 million tonnes by
2017-18, growing from 9 million tonnes in 2015-16. 70%
Cottons high prices in 2016-17 will encourage farmers to grow more 60%
38,853
38,440
cotton in 2017-18. The area under cotton cultivation will increase by
36,959
35,513
33,870
50%
7 per cent to reach 11.3 million hectares in 2017-18, due to better
31,718
30,570
26,898
27,196
28,914
returns on improved crop yield in 2016-17. 40%
30%
20%
10%
0%
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Note: Figures mentioned are as per latest data available, 1 - Provisional figures till March 2017
Source: Ministry of Textiles, Aranca Research
37.66
37.58
36.75
36.63
35.0
As of November 2016, the government has
33.3
33.05
extended the duty drawback facility on all textile
30.0
products and increased the rates in some cases
for 1 year to boost exports in the sector
27.8
25.0
The Goods and Services Tax that rolled out in
July 2017 is expected to make imported
22.4
22.1
20.0
21.2
garments cheaper by 5-6 per cent, as the GST
19.1
regime will levy 5 per cent tax for both domestic
textile manufacturers and importers.
17.6
15.0
10.0
5.0
5.81
5.6
5.4
5.2
3.04
4.2
2.7
2.8
3.3
3.5
3.4
2.7
0.0
FY06
FY07
FY08
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
Exports Imports
The domestic textile and apparel industry was the largest contributor Shares in Indias
Visakhapatnam porttextile
trafficexports
(million(FY17 1)
tonnes)
to total textile and apparel exports from India in FY171. The segment
had a share of 89.64 per cent. This segment includes readymade
garments, jute, cotton, silk etc.
The handicrafts segment accounted for 10.06 per cent of the total
exports in FY171. Handicrafts,
10.06%
Textile and
Apparel,
89.64%
Note: Others include coir and coir manufacturers and jute 1Data for April September 2016
Source: Ministry of Textiles, Aranca Research
Raymond Ltd Worsted suiting, tailored clothing, denim, shirting, woollen outerwear
Bed linen, towels, furnishings, fabric for suits, shirts, dresses, saris in
Bombay Dyeing and Manufacturing Company Ltd
cotton and polyester blends
Threat of Substitutes
Low Significant presence of small High Intense competition between High Major clothing brands have better
suppliers has reduced the bargaining established brands and private label bargaining power over textile
power brands manufacturers, as the product
Industry is highly fragmented with differentiation is low and number of
organised sector contributing only 31 per players are high and fragmented
cent in 2011
RECENT TRENDS
AND STRATEGIES
NOTABLE TRENDS IN INDIAS TEXTILE SECTOR
Increasing Ministry of Textiles is encouraging investments through increasing focus on schemes such as Technology Up-gradation
investment in Fund Scheme (TUFS) and cluster development activities
TUFS The Ministry of Textiles released a subsidy of US$259.79 million in FY17.
Multi-Fibre
With the expiry of MFA in January 2005, cotton prices in India are now fully integrated with international rates. In 2014,
Arrangement
the government has cleared 13 proposal of new textile parks in different states.
(MFA)
Public-Private The Ministry of Textiles commenced an initiative to establish institutes under the Public-Private Partnership (PPP)
Partnership (PPP) model to encourage private sector participation in the development of the industry
Technical textiles, which has been growing at around twice the rate of textiles for clothing applications over the past few
Technical textiles years, is now estimated to post a CAGR of 20 per cent over FY11-17
US$ 70.83 million has been allocated to promote the use of geotechnical textiles in the North East states.
As of November 2016, the Ministry of Textiles signed MoUs with 20 e-commerce firms to engage with various handloom
and handicraft clusters.
Focus on high In strategic alliance with importers from UAE, the 1st ever exhibition of, Incredible Indian Textiles was held in Dubai in
growth domestic February 2017. The event was organised by Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) of India
market and witnessed participation of 19 Indian companies.
In March 2017, Welspun India Ltd opened a new plant - Needle Entangled Advance Textile Plant in Anjar, Gujarat, to
manufacture multi-layer composites for various applications. The plant is worth US$ 23.35 million.
During Textiles India 2017, the Ministry of Textiles signed 65 memorandum of understandings (MoUs). MoUs were
Focus on signed between various domestic and international organizations from industry and government; three of the MoUs
backward signed are G2G MoUs. The MoUs signed relate to exchange of information and documentation, Research &
integration Development, commercialization of handloom products and silk production, cooperation in Geo textiles, skill
development, supply of cotton and trade promotion with overseas partners, etc.
In February 2017, Future Retail, entered into an agreement with UK based home furnishing brand - Laura Ashley, to
Focus on forward operate and own stores and websites in India
integration The Indian fashion retailers online market is poised to grow to US$ 30 billion by the 2020, currently the online market is
valued at US$ 7-9 billion.
Raymond group under its group company J.K.Helene Curtis is looking to ramp up male grooming segment by
Diversification
unleashing new variants of shampoos and deos
GROWTH DRIVERS
STRONG FUNDAMENTALS AND POLICY SUPPORT
AIDING GROWTH
Resulting in
Inviting
Note: TCIDS - Textile Center Infrastructure Development Scheme, APES - Apparel Park for Exports Scheme
Note: Ministry of Textiles, Aranca Research
By 2014, Indias population had almost doubled compared to figures Indias population
Visakhapatnam port trafficin(million
billionstonnes)
30 years before
Indias growing population has been a key driver of textile CAGR 1.72%
1.4
consumption growth in the country
1.33
Moreover, according to World Bank, urban population accounts for
1.29
1.28
1.26
1.2
32.7 per cent of the total population of India. This also works as
1.2
demand driver due to changing taste and preferences in the urban
part of India 1
1.03
It has been complemented by a young population which is growing
and at the same time is exposed to changing tastes and fashion 0.8
0.85
Complementing this factor is rising female workforce participation
0.69
in the country 0.6
0.4
0.2
0
1980 1990 2000 2010 2014 2015 2016 2017 E
Note: E estimated
Source: World Bank, Aranca Research
Rising incomes has been a key determinant of domestic demand for the sector; with incomes rising in the rural economy as well, the upward push
on demand from the income side is set to continue
Rising industrial activity would support the growth in the per capita income
Visakhapatnam
Trends in per-capita
port traffic
income(million
in Indiatonnes)
(US$ ) Changing economic fortunes by income segments
2,302.50
8.00% 30%
80%
2,128.80
2,000.00
1,978.60
6.00% 70% 32%
1,832.80
60%
1,702.10
1,500.00
1,595.70
4.00% 40%
1,514.60
50%
1,504.50
1,552.50
43%
29%
1,430.20
40%
2.00%
1,000.00 30%
25%
23%
0.00% 20%
17%
500.00 10%
2% 1% 6%
-2.00% 3% 7%
0%
2015 2020 2030
- -4.00%
Globals(>22065.3) Strivers(11032.7-22065.3)
FY11
FY12
FY13
FY14
FY15
FY16
FY17E
FY18F
FY19F
FY10
Seekers(4413.1-11032.7) Aspirers(1985.9-4413.1)
Deprived(<1985.9)
Capacity built over years has led to low cost of production per unit in Growing textile and clothing exports from India
Visakhapatnam port traffic (million tonnes)
Indias textile industry; this has lent a strong competitive advantage (US$ billion)
to the countrys textile exporters relative to key global peers
CAGR 8.56%
40.00
The sector has also witnessed increasing outsourcing over the years
as Indian players moved up the value chain from being mere
37.66
37.58
36.75
36.63
35.00
converters to vendor partners of global retail giants
33.30
33.05
The strong performance of textile exports is reflected in the value of
30.00
exports from the sector over the years. Textile exports witnessed a
growth (CAGR) of 8.56 per cent over the period of FY06 to FY16
27.80
25.00
In the coming decades, Africa and Latin America could very well turn
22.40
out to be key markets for Indian textiles
22.10
20.00
21.20
In April 2017, the government unveiled Textiles India 2017, its 1st
19.10
17.60
ever global B2B handicrafts and textile event, in Delhi. The event 15.00
showcased a 1000 stalls, and saw about 1,600 buyers from more
than 100 countries. Around 1,300 exhibitors and 2,000 delegates had 10.00
registered for the event and total participation, including domestic
buyers, artisans and visitors, crossed 6,000. During the second day 5.00
of the event, the Ministry of Textiles signed 65 MoUs.
0.00
FY06
FY07
FY08
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
Notes: MoUs- Memorandums of Understanding
Source: Ministry of Textiles, Budget 2015
The major service offerings of the technical textile industry include Visakhapatnam
Technical textile
portindustry
traffic (million
(US$ billion)
tonnes)
thermal protection and blood-absorbing materials, seatbelts and
adhesive tapes
CAGR 13.11%
35
The technical textile industry is expected to expand at a CAGR of
13.11 per cent during FY1823 to US$ 32 billion in FY23
32
The targeted market size would be achieved by targeting non-woven 30
technical textiles
17.28
15
The government has supported the technical textile industry with an
allotment of US$ 1 billion for SMEs and an exemption in custom duty
for raw materials used by the sector 10
FY18E
FY23E
Notes: SME - Small and Medium Enterprises, E Estimates; Figures mentioned are as per latest data available
Source: Chamber of Commerce, Indian Technical Textile Association, Aranca Research
8.20
contributing two-third to their exports
5.5
5
sectors like housing, hospitality, healthcare, etc.
4.7
In 2016, Indian home textile industry is estimated at US$ 5.5 billion. 4
2016E
2021E
2014
Notes: E Estimates
Source: Ministry of Textiles, Welspun Presentation,Technopak, Aranca Research
Investment was made to promote modernisation and up-gradation of the textile industry by providing credit at reduced
rates
Technology Up-
gradation Fund US$0.23 billion has been allocated for ATUFS scheme for FY16-17, under Union Budget 2016-17
Scheme (TUFS) In April 2017, StalkBuyLove, an online fashion brand, has raised US$ 1 million venture debt from Trifecta Capital, to
expand its team and strengthen the supply chain technology.
Key areas of focus include technological upgrades, enhancement of productivity, product diversification and financing
arrangements
National Textile
Policy - 2000 New draft for this policy ensures to employ 35 million by attracting foreign investments. It also focuses on establishing
a modern apparel garment manufacturing centre in every North Eastern state for which Government has invested an
amount of US$ 3.27 million
Foreign Direct
FDI of up to 100 per cent is allowed in the textile sector through the automatic route
Investment
SITP was set up in 2005 to provide necessary infrastructure to new textile units; under SITP, 40 projects (worth US$
678 million) have been sanctioned
Scheme for
Integrated Textiles Out of these 40 projects, 27 have started production. 16 projects has been completed in November 2014. Government
has invested a total of US$ 21.96 million for 21 new textile parks and the remaining 13 textile parks has been given the
Parks (SITP)
in-principle approval under SITP. In 2015, textile parks set up under the Scheme for Integrate Textile Park (SITP)
attracted an investment of US$ 4.58 billion.
Technical textile Government of India has planned an increase in the fund outlay for technical textiles industry to more than US$ 117
industry million during the current 12th Five Year Plan (2012-17)
As of September 2016, 4 per cent of the total operational SEZs in India are for Textile and Apparel industry
Brandix India Apparel Andhra BIAC is an integrated apparel supply chain city, managed by Brandix
404.7 Textiles
City (BIAC) (Functional) Pradesh Lanka Ltd. It aims to be a end-to-end apparel solution provider
Notes: KIADB - Karnataka Industrial Areas Development Board, SEZ - Special Economic Zone
Source: SEZ India invest.com, Aranca Research
M and A activity in the sector has been picking up pace over the years
Deal size
Date Acquirer name Target name
(US$ million)
June 2014 Future Lifestyle Fashions Ltd Unico Retail Pvt Ltd NA
October 2014 Biba Apparels Pvt Ltd. Anjuman Brand Designs Pvt Ltd NA
March 2016 Sutlej Textiles and Industries Ltd Birla Textile Mills NA
Source: MandA, Thompson ONE Banker, Grant Thornton, CMIE, Aranca Research
2,471.42
The textiles industry in India is experiencing a significant increase in
collaboration between global majors and domestic companies
2000
International apparel giants, such as Hugo Boss, Liz Claiborne,
1,852.47
Diesel and Kanz, have already started operations in India
1500
1,587.83
1,424.92
1,226.02
1,122.17
1000
956.97
817.26
500
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
Source: Ministry of Commerce and Industry, DIPP, Aranca Research
OPPORTUNITIES
OPPORTUNITIES (1/2)
The Indian textile industry is set for The Central Silk Board sets targets for For the textile industry, the proposed
strong growth, buoyed by both strong raw silk production and encourages hike in FDI limit in multi-brand retail
domestic consumption as well as export farmers and private players to grow silk will bring in more players, thereby
demand providing more options to consumers
To achieve these targets, alliances with
The sector is expected to reach US$ the private sector, especially major agro- It will also bring in greater investments
226 billion by FY2023 based industries in pre-cocoon and post- along the entire value chain from
cocoon segments has been encouraged agricultural production to final
Population is expected to reach to 1.34
manufactured goods
billion by FY2019
With global retail brands assured of a
Urbanisation is expected to support
domestic foothold, outsourcing will
higher growth due to change in fashion
also rise significantly
and trends
With consumerism and disposable The CoEs are aimed at creating testing The government is taking initiatives to
income on the rise, the retail sector has and evaluation facilities as well as attract foreign investments in the
experienced a rapid growth in the past developing resource centres and training textile sector through promotional
decade with several international facilities visits to countries such as Japan,
players like Marks and Spencer, Guess Germany, Italy and France
Existing 4 CoEs, BTRA for Geotech,
and Next having entered Indian market
SITRA for Meditech, NITRA for Protech According to the new Draft of the
The organised apparel segment is and SASMIRA for Agrotech, would be National Textile Policy, the
expected to grow at a Compound upgraded in terms of development of government is planning to attract
Annual Growth Rate of more than 13 incubation centre and support for foreign investments thereby creating
per cent over a 10-year period development of prototypes employment opportunities to 35 million
people
India and Bangladesh plans to increase Fund support would be provided for
their cooperation in order to increase appointing experts to develop these FDI inflows in textiles sector, inclusive
promote the investment and trade of facilities of dyed and printed textile, stood at
jute and fabrics US$ 2.47 billion from April 2000 to
March 2017
Future Group plans to expand with 80
stores in order to reach the target sales
of 80 million units. This would add to
their portfolio of 300 stores spread
across the country
Notes: BTRA - The Bombay Textile Research Association, SITRA - South India Textile Research Association, NITRA - Northern India Textile Research Association, SASMIRA -
Synthetic and Art Silk Mills Research Association
CASE STUDIES
RAYMOND: A LONG JOURNEY OF SUCCESS
Setup of The Raymond The first exclusive Raymond Acquisition of ColorPlus. Launch of 'Makers' brand in
Woollen mill in the area Retail showroom, King's Setup of 'Silver Spark Apparel the value for money fabric
around Thane creek. Corner, was opened in 1958 Ltd.' segment.
Setup of a new manufacturing at Ballard Estate in Bombay. 600th The Raymond Shop
Super 220S fabrics under the
activity for making indigenous Raymond setup a readymade Chairman's Collection. outlet opened.
engineering files known as JK garments plant at Thane. Raymond Premium Apparel
Set of Raymond's third
Files and Tools. This has now A new manufacturing facility crossed Rs. 1 bn mark.
worsted unit at Vapi in
become the largest facility of was set up at Jalgaon. Gujarat. Pan-India launch of Makers
its kind in the world.
Launch of "Park Avenue", the Launch of design studio in brand.
premium lifestyle brand for Italy
men
Launch of Zapp! - kidswear
The first showroom abroad for brand
Raymond in Oman.
Joint Venture to retail
Set up new manufacturing premium brand GAS
facility was at Chhindwara,
Launch of 'Raymond Finely
near Nagpur.
Crafted Garments
Launch of "Parx", a premium
Launch of 'Neckties and More
casual wear brand
Launch of "Be: - line of ready-
to-wear designer clothing
Welspun India was incorporated in 1985, with presence in more than Revenue and EBITDA (US$ million)
50 countries. The company is the world leader in a range of home
textiles products
1,000.0
Welspun ranked 1st in home textile supplies to US in FY16 *.
900.0
During FY10-16, revenue of Welspun increased at a CAGR of 10.8
913.5
880.0
per cent, in US$ terms
800.0
During FY10-16, EBITDA of Welspun increased at a CAGR of 21.8
per cent, in US$ terms 700.0
725.0
672.0
600.0
612.0
Capacity 60,000 MT/Year
500.0
537.0
Terry towels Location - Anjar/Vapi
495.0
400.0
Capacity utilisation - 102%
251.91
227.12
300.0
170.09
Capacity 72 million metre/Year
118.54
200.0
Bed linen products Location - Anjar
100
77
65
Capacity utilisation - 97% 100.0
0.0
Capacity 8,000 MT/Year
FY10
FY11
FY12
FY13
FY14
FY15
FY16
Rugs Location - Vapi
Capacity utilisation - 58% Revenue EBITDA
Note: EBITDA Earnings before interest, tax, depreciation and amortisation, * - Home and Textiles Today
Source: Company website, Annual Report, Media sources
The city has more than 5000 garment manufacturing and job work Exports from Tirupur (US$ billion)
units and is one of the most organised processing and finishing
garment clusters in India
7 CAGR 12.5%
Its hosiery hub became the 1st textile cluster in India to comply with
zero liquid discharge guidelines
6.5
6
The textiles industry in Tirupur contributes about 80 per cent to
5.9
Indias hosiery exports and around 3 per cent to total export trade
Exports from Tirupur increased at a CAGR of 8.4 per cent from US$ 5
1.4 billion in FY05 to US$ 3.4 billion in FY16
3.4
3.4
3
3
The Government of India granted the city the status of Town of
2.7
2.6
Export Excellence
2.5
2.5
2.4
2.4
2.4
2
To diversify from cotton, firms in Tirupur is evaluating the process to
1.9
manufacture swim wear and sports wear
1
0 FY06
FY07
FY08
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17E
FY18E
Source: Company webisite, Annual Report
KEY INDUSTRY
ORGANISATIONS
INDUSTRY ORGANISATIONS
Visakhapatnam
The Textile Associationport traffic
(India) (million tonnes)
(TAI) The South India Textile Research Association (SITRA)
Address: 72-A, Santosh, Dr M B Raut Road, Shivaji Park, Address: 13/37, Avanashi Road, Coimbatore - 641 014,
Dadar, Tamil Nadu
Mumbai- 400 028 Phone: 91 422 2574367, 6544188, 4215333
Telefax: 91 22 24461145 Fax: 91 422 2571896, 4215300
Website: www.textileassociationindia.org E-mail: sitraindia@dataone.in
Website: www.sitra.org.in
USEFUL
INFORMATION
GLOSSARY
BTRA: Bombay Textile Research Association TUFS: Technology Upgradation Fund Scheme
FY: Indian Financial Year (April to March) Wherever applicable, numbers have been rounded off to
the nearest whole number
GOI: Government of India
Year INR equivalent of one US$ Year INR equivalent of one US$