-YASHIKA SETHI

TD 1 .
ROLLNO. 59 .
 One of the oldest industries in Indian
Economy.
 One of the largest contributors to India’s
export- 15% approx.
 Labour intesive with maximum number of
labour employed-
51 million people directly
68 million people indirectly.
 The • Handlooms
Tradion
• Handicraft
Unorganised • Sericulture
al tools
and
Sector • Hoisery and Khadi Units method
s.
Modern
The • Spinning Mills machinery
• Composite Mills and
Organised (Spinning and Weaving
techniques
such as
Sector mills) economies
of scale.
 India has rich resourses of raw materials of textile
industry.
◦ It is one of the largest producers of cotton in the world.
◦ Rich in resourses of fibre such as- polyester, silk, viscose
etc.

 India is rich in trained manpower.

Low Garments at
Huge Lower
manufacturin reasonable
manpower wage rate g cost rates

 India is highly competitive in spinning sector and has

presence in almost all processes of value chain.
 Heritage cannot be maintained at the cost of growth.
 Skilled labour migration and commitment will
seriously hamper the industry.
 Effect of historical government policies on the
industry.
 Technological obsolescene-
Labour force giving low productivity as compared to
other competing countries.
 Low bargaining power in a customer-ruled market.
 Increased use of CAD to develop designing
capabilities.
 Investing in Trend Forecasting to enable the growth
of the industry.
 Companies need to concentrate on new product
development.
 Emerging retail industry and malls.
 Increased disposable income.
 Changing rules, reggulations, policies in the fabric
industry.
 Increase in competition in both- domestic and
foreign market.
 Tackle Chinese aggression over the International
market.
 Need to improve the working of conditions of the
people who are involved in this profession.