Textile And Apparel Industry Analysis

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Textile and Apparel Industry of India is one of the leading industries in the world. This industry draws its strength from strong production base of raw material, availability of manpower and presence of entrepreneurial talent. Earlier this sector was predominantly unorganized, but after the economic liberalization of Indian economy in 1991 this industry have received the boost it needed due to opening of the economy, which transformed into one of the largest and successful industry in the world.
Indian’s textile and apparel industry is estimated to be worth USD 99 billion in the year 2013, including both domestic consumption and exports, and is expected to grow at a CAGR of 9% to reach USD 236 billion, by 2023. Textile and apparel sector
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which is expected to reach 4000 Million Kg. for the year 2014-15, according to sources in the textile commissioner’s office. This increase in production is mainly due to increase in spindle capacity.

Figure 3

Figure 4

According to the textile commissioner office, the cotton yarn production for the count 1-30s was 2127 and count 31-60s was 1281 While production of count 60s and above was only 174 Million kg. which accounts for less than 5% of the total yarn production. Finer yarn is mainly consumed in Premium Shirts and finer thread count Bed sheet in India. So there is less competition for finer yarn production in India.

Exports (Cotton Yarn)
• Year Wise Trend
Cotton yarn export from India has seen a big growth in 2013 from the previous year owing to good demand from china. It has increased 73% from a value of 2.76 billion in 2011 to 4.77 billion in 2013.
Figure 5 • Count-wise Trend
India mostly export the cotton yarn ranges from count 8-47s which accounts for 90% of the total cotton yarn export, In which count 31-47s has the highest share of 35% after which count 25-31s has the major share.

Figure 6 • Export Partners
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