Indian Textile Industry Essay

1753 Words4 Pages
bulb-icon

Recommended: Case study of textile industry in india

Indian Textile: a comparative study of present and future of textile industries in India
By
Mrs. Monika Dwivedi
Academic Associate
Deptt. Of Home Science
Uttarakhand Open University
Email – monikadwivedi29@gmail.com
Contact No. - 9758568764

Abstract
The Indian textile industry is thousands of years back. Textile industry plays a vital role within the terms of sales era in Indian economic system. . The significance of the textile industry is likewise because of its contribution in the commercial production and as an employment provider. Today, Indian textile industry is one of the leading textile industries in the world. It is the 2nd largest industry after China, although there's big gap between India and China. In last few years, China has started …show more content…

Indian market

India deals in cotton based textiles. So, excessive volatility in cotton prices has an unfavorable impact on entire deliver chain.
In an technology of uneven global healing, there are many brief-term, medium term and long time risks in terms of geopolitical tensions, volatility in economic markets, stagnation and occasional ability increase in superior economies and decline in capability growth inside the emerging markets, set an uncertain economic outlook which leads to unsure demands.
1. India deals in cotton based textiles. So, high volatility in cotton prices has an adverse impact on complete supply chain.

2. Rise of Triangle Manufacturing- Where garment manufacturers shift cotton from low cost origin to low cost converter and then ship to processing country to stay competitive, instead of getting it directly from the low cost origin source. Likewise, China has started getting their yarn manufactured from low cost converter countries like Vietnam which will take some % share of India as well and then getting the yarn shipped to China and remain competitive in the global market. So there remains an uncertain demand factor from China which is a big

Show More
Related

  • Assess The Likely Economic Effects Of An Increase In Protectionism

    644 Words  | 2 Pages

    Many developed and developing countries want to protect their own industries such as India who is still reluctant to give foreign firms greater access to its economy, as shown by the political row over its much delayed decision to open up the supermarket sector to global giants

    Read More

  • Factory Workers Dbq

    822 Words  | 2 Pages

    Industrialization, as it did in other countries, caused the formation of factories and machines that sped up how much cotton products are produced. In document 6, Radhakamal Mukerjee, an Indian economist, says “there has been a rapid decline of the hand-woven cloth industry…on account of the competition of machine manufactures…though many wear

    Read More

  • Sustainability And Fashion Case Study

    1780 Words  | 4 Pages

    The global fashion and apparel industry is a giant with annual turnover of approx. $1.7 trillion and provides employment to approx. 75 million people. With globalization and increasing competition amongst manufacturers, coupled with lower production rates in the developing countries, buying clothes has become way inexpensive than before. Add to it the fiercely growing internet penetration and fast catching up ecommerce industry, clothes are more or

    Read More

  • Fastenal Company Case Analysis

    1122 Words  | 3 Pages

    The interesting part of this industry is the fact that there is no company with a dominant market share. Even though some revenue numbers might be higher for some companies, each company has a specialty that it brings to the industry. One of the main costs is manufacturing their products. A major reason the companies are moving manufacturing plants to Asia and South America is to lower manufacturing costs.

    Read More

  • Marketing Case Study Of Primark's Market

    1944 Words  | 4 Pages

    Taxation and tariffs: governments may apply different clothes taxations, making it more difficult to sell in certain location. This in turn will influence the price as a consequence, mining demand in some countries.

    Read More

  • Effectiveness of Rhetorical Devices Used in Two Articles

    1095 Words  | 3 Pages

    ...sinesses who once relied on their product being the only option when buying it. If the conclusion should only be taken from these articles that I read, then I would think that the U.S. is the one causing any delays due to the politics in the U.S. When reading outside sources, it seems that most of the time there is a cohesive relationship that is allowing for some outsourcing to be done between the U.S. and India.

    Read More

  • Globalization Hurts the World's Poor

    1384 Words  | 3 Pages

    American companies purposely make their goods in other countries such as India because their labor practices do not meet US standards and can easily be manipulated for maximum profit. By paying their employees extremely low wages, they are still able to manufacture their products. As a result they pull out more profit that does not have to be given back to their employees due to minimum wage laws not being in effect in these countries. In “Distributional Effects Of Globaliz...

    Read More

  • Jd Sports Plc Case Analysis

    2637 Words  | 6 Pages

    Analysis of sports clothing industry, including its main features, key market drivers and competition within industry.

    Read More

  • The Industrial Revolution of 1760 to 1820-40s

    669 Words  | 2 Pages

    While the price of cotton textiles decreased by 90%, the output had grown to cover the demand at affordable prices. Now, cotton will be gotten from Brazil, Egypt, southern United Sates and all this meant a...

    Read More

  • The Role of Government Intervention in Developing Nations Economy

    1825 Words  | 4 Pages

    nation. The sand is Most developing nations concentrate on one or few primary products. their exports. When the market demand decreases for that product it will reduce. export revenues significantly and disrupt domestic income and employment.

    Read More

  • Essay On Pestle Analysis Of Air India

    1232 Words  | 3 Pages

    Political factors: In India, there are very tough regulations put in place by the Indian govt. to avoid the monopoly conditions and govt. control remains at the top. This company is generally the state owned company therefore the decision making is very hard for the company and company has to follow the political changes which happen in the India. India has disputes with the Pakistan and China, which is continuously affecting the industry.

    Read More

  • Environmental And Environmental Issues In The Textile Manufacturing Industry

    1208 Words  | 3 Pages

    The textile manufacturing industry is one of the biggest industries in the world that is currently worth nearly three thousand trillion dollars. The industry is constantly growing with the wants from consumers around the world. In order to meet and satisfy these wants from customer, “Development in the textile and clothing industry has focused on technological and cost aspects. Emphasis has been placed on keeping the price of the final product low and increasing efficiency in production.” (Niinimaki & Hassi, 2010, p. 1876) At the same time, with this expansion of the textile manufacturing industry and its consumption, pollution, climate change, fossil fuel and raw material depletion, and water pollution and shortage are constantly occurring

    Read More

  • Realist and Liberalist Perspectives of Globalization

    741 Words  | 2 Pages

    …world economic expansion should be least robust in a multipolar world where countries cannot be sure of stable alliances, more robust in a bipolar world because alliances are more predictable, and most robust in a unipolar or imperia...

    Read More

  • Essay On Costume Jewellery

    620 Words  | 2 Pages

    This industry has generally always remained in brisk business despite a downturn in 2009 that led to a fall of a whooping $18 billion business globally. The growth of Fashion Accessory business in India, specially, has been generally lukewarm since then. A company which was working under this sector was considered as useless during this t...

    Read More

  • Benetton

    1356 Words  | 3 Pages

    From 2005 the textile segment has been made up of 2 companies, transforming raw materials into fabrics, from spinning to finishing and ennobling. Handicraft product quality and technological research development characterize this business segment which works with internationally recognized names of the apparel and fashion industry.

    Read More

More about Indian Textile Industry Essay

Open Document