A project on readymade garments[CoSoMoS GrOuP(Hari&Taher)]

A project on readymade garments[CoSoMoS GrOuP(Hari&Taher)]

• 2.
  NAME ROLL NO. TAHER BATTERYWALA1121175 MAULIK CHAUHAN 1121180 HARSH BORANA 1121178 ANUJ PATEL 1121213 PRIYANK CHOKSI 1121182 FAISAL PANWALA 1121210 HARIOM MEHTA 1121200 ABHISHEK PARMAR 1121211 PANKIL PATEL 1121216
• 3.
  • India isthe 2nd largest manufacturer of garments after China. • India is known for its high quality garments for men and most of the garment manufacturers are in the Small and Medium scale industry.
• 4.
  • 19th centurysaw the emergence of ready-made garment industry in the world. • Post World War-I, the rapid rise of the sector began. • The year 1920 is considered to be the sunrise year for this sector. • During 1960s & 1970s, Indians emigrants acted as import agents opening up huge export market for India. • Need mass production, in the absence of large corporates led to the emergence of a fragmented & small units, a trend that continues till today.
• 5.
  • The Indiantextile industry is fragmented, with only a few large players and numerous small and medium-size companies. • Estimated size: US$ 55 billion • Direct employment: 35 million people • Indirect employment: 47 million people
• 6.
  • Both organisedand unorganised segments are included in this industry. • More than 70 textile and clothing clusters account for about 80% of total production in the country. • There are 39 power loom clusters in the country.
• 7.
  • To promotethe textile sector, annual plan for 200708 was formulated by Indian govt. It includes:  Schemes for attracting foreign direct investments, brand promotion through public-private partnership (PPP),  trade centres for facilitating business and image building,  fashion hubs as a stable marketplace for Indian fashion,  common compliance code for creating apparel standards for the benefit of buyers, and  training centres for developing human resources
• 8.
  • In 2004,Asian trade in the Garment Industry was to the tune of US$ 138 billion. • In Bangalore itself there are large retail chains from the US and Europe - like GAP, Wal-Mart, Tommy Hilfiger and JC Penny - have outsourced orders to large factories to the tune of 269.6 million US $ in 2005.
• 10.
  • This Industrydemands and requires both skill and diligence because garment Industry is closely connected to the fashion industry and grows hand in hand. • It is a low investment and high labourintensive industry; an investment of 0.1 million creates 6 to 8 jobs. • The industry employs around 5 million workers, of which, around 2.5 million are in the export sector.
• 12.
  • The IndianGarment industry is today modernized. • International brands like the Levis, JC Penny, Wal-Mart, Gap, Marks & Spencer and other industry giants are sourcing more and more fabrics and garments from India. • Morgan Stanley has projected India to be one of top three exporters of textile and garments.
• 13.
  • Today, around45% of the total textile exports in India account for ready-made garments. • The industry today would need an additional 1.5 million people. • An investment of Rs. 35000 crore in terms of related infrastructure is required. • AEPC( Apparel Export Promotion Council) plans to set up 50 training centres besides the 22 centres it has at present across the country.
• 14.
  Present situation ofindustry
• 15.
  • Pantaloon RetailIndia Ltd • Shoppers Stop • Tata – Trent & Westside
• 16.
  • Globus StoresPvt Ltd • Arvind Brands Ltd • Provogue India Ltd
• 17.
  • The RaymondGroup • Reliance Retail Ltd • Wills Lifestyle
• 18.
  • The Readymadegarments industry is increasing day by day due to changes of fashion in day to day life. • The entry of the Indian and global fashion designers has stimulated the market further. • Ready-mades of specific brands have become not only a status symbol; these have brought a more contemporary style in offices as much as in social circles.