Sector analysis report
History of textile & apparel sector - Indian textile enjoys a rich heritage and traces its history back
to the Indus valley civilization where people used homespun cotton for weaving their clothes.
One of our Veda’s – the Rigveda also contains the literary information about textiles. The Indian
epics Ramayana and Mahabharata even talk about the wide variety of fabrics in ancient India.
These chronicles refer to both stylized garments worn by the aristocrats and ordinary clothes
worn by the common man. The modern-day textile not only reflects the splendid past but also
caters to the requirements of contemporary times.
Indian market scenario of textile & apparel sector –
The textiles and apparel industry in India has strengths across the entire value
chain from fiber, yarn, fabric to apparel
The domestic textiles and apparel industry stood at $108.5 bn in 2019-20 of
which $75 bn was domestically consumed while the remaining portion worth
$28.4 bn was exported to the world market.
Cotton production supports 5.8 million farmers and 40-50 million people in allied
sectors.
Further, the domestic consumption of $75 bn was divided into apparel at $55 bn,
technical textiles at $15 bn and home furnishings at $5 bn.
Global market scenario of textile & apparel sector- As per the Global Textile and
Apparel Industry: Vision 2015, World textile and apparel trade is expected
to reach US$805bn by 2015 from US$650bn in 2010. At present few countries
like Bangladesh, Thailand, Cambodia, Sri Lanka, Pakistan contributes major
share in Forex earnings of their country from Textile and Clothing trade,
though their share in the world market is not very significant. Asian countries
are facing challenges in the global market due to volatility in price, rising
input cost, energy crisis and lack of marketing initiative/exposure etc. In
addition, initiatives need to be made in the area of Research and
Development, Skill Development and Capacity building of the industry as a
whole. Industry has to be in demand driven mode.
contribution of textile & apparel sector in growth of Indian economy –
The Indian textiles and apparel industry contributed 2% to the GDP, 12% to export earnings
and held 5% of the global trade in textiles and apparel in 2018-19. Exports of textiles stood at
US$ 22.89 billion between April 2021 and October 2021.
The Indian textiles market is expected to be worth >US$ 209 billion by 2029. Cotton
production is expected to reach 37.10 million bales and consumption is expected to reach 114
million bales in FY21—13% growth over the previous year.
textile & apparel sector growth over a year - In June 2021, KVIC recorded a 7.71% growth in gross
annual turnover to Rs. 95,741.74 crore (US$ 12.85 billion) from Rs. 88,887 crore (US$ 11.93 billion) in
FY20.
Employment opportunity - The textiles industry in India is currently second
largest employer after agriculture, providing employment to over 45 million
people directly and 60 million people indirectly.
job profiles in the textile sector –
Asst. Production Manager-Staple Fiber - Textile Industry
VP/General Manager HR (Textile Industry),
Quality Head (HOD) at Garment/
Digital Marketing Manager for Textile Industry,
Shift Officer Production - Textile Industry
skills to have for Industry - Adaptability and ability to change
Decision making
Working in a team
Communication skills
Mindset change for lifelong learning
Top 20 textile Companies in india
Alok Industries
Wardhman Textile
Arvind Mills
Welspun India
Bombay dyeing
Raymonds
Grasim Industries
Reliance Textile
Garden Silk
Pradeep Overseas
Siyaram Silk
Fabindia
Mudra Lifestyle
JCT Limited
Donear Ind
Lakshmi Mills
BSL limited
Mysore Silk Factory
Orbit Exports
Seasons textile
top global companies
TJX Companies
V.F Corporation
Lululemon Athletica
Shenzhou International Group Holdings
Zalando SE
Prada
Under Armour
Ralph Lauren Corporation
PVH
Tapestry
Admiral Sportswear,
Aigle
Airness
Ashworth
Barking Irons
Bruno Banani,
Canterbury of New Zealand,
Cone Mills Corporation.
Bombay Dyeing
Arvind Limited
