Volume 2, Issue 6

Textile Industry in India

8th March 2017

Indias textiles sector is one

of the oldest industries in
Indian economy dating back
several centuries. Even to-
day, textiles sector is one of
the largest contributors to
Indias exports with approxi-
mately 11 per cent of total
exports. The textiles industry
is also labour intensive and
is one of the largest employ-
ers. The textile industry has
two broad segments. First,
the unorganised sector con-
sists of handloom, handi-
crafts and sericulture, which
are operated on a small scale US$ 40 billion. try to agriculture (for raw
and through traditional tools materials such as cotton) and
and methods. The second is The Indian textiles industry the ancient culture and tradi-
the organised sector consist- is extremely varied, with the tions of the country in terms
Textile Industry

ing of spinning, apparel and
garments segment which
apply modern machinery and
techniques such as econo-
mies of scale.
The textile industry employs
about 40 million workers
and 60 million indirectly.
India's overall textile exports
during FY 2015-16 stood at
Update
hand-spun and handwoven
textiles sectors at one end of
the spectrum, while the capi-
tal intensive sophisticated
mills sector at the other end
of the spectrum. The decen-
tralised power looms/ hosi-
ery and knitting sector form
the largest component of the
textiles sector. The close
linkage of the textile indus-
of textiles make the Indian
textiles sector unique in
comparison to the industries
of other countries. The Indi-
an textile industry has the
capacity to produce a wide
variety of products suitable
to different market segments,
both within India and across
the world.

Source: IBEF
WESCHOOL LRC

Textile IndustryRoad ahead

The future for the Indi-
an textile industry
looks promising,
buoyed by both strong
domestic consumption
as well as export de-
mand. With consumer-
ism and disposable in-
come on the rise, the
Source: IBEF
retail sector has experi-
enced a rapid growth in
the past decade with the
entry of several interna-
tional players like
Marks & Spencer,
Guess and Next into the
Indian market. The or-
ganised apparel seg-
ment is expected to
grow at a Compound
Annual Growth Rate
(CAGR) of more than
13 per cent over a 10-
year period.

Inside this issue:

Special points of interest:
Industry TendsWhitepapers 2
Textile IBEF Report
Crisil Opinion 2
Top companies in Textile Industry
Top Apparel Manufacturing Companies 3
Casual Apparel Outperforms High-End
Textile IBEF Report 3 Fashion
Textile News & Deals 3
Crisil Opinion - Top Apparel Manufactur-
Info-graphics 4
ing Companies
Industry TrendsWhitepapers
Title Source Abstract Link

The early 21st century has been good to the apparel industry. Thanks
to falling costs, streamlined operations, and rising consumer spend- Click here
ing, clothing production doubled from 2000 to 2014, and the number
McKinsey
Style thats sustainable: A new of garments purchased each year by the average consumer increased
fast-fashion formula by 60 percent. Fast fashion has been a particularly hot segment and a
source of enviable growth for some clothing companies.

In the past two years, a number of European companiesamong

East Africa: The next hub for ap-
parel sourcing?
them, H&M, Primark, and Tescobegan sourcing some of their gar-
ments from Ethiopia. The rest of the apparel industry took notice:
Click here
since 2013, there has been rising interest in not just Ethiopia but also
McKinsey
other East African countries as potential sourcing destinations for
apparel. Also contributing to the buzz is the renewal of the African
Growth and Opportunity Act (AGOA), which gives certain countries in
sub-Saharan Africa duty-free access to the US market.

Casual Apparel Outperforms High-
End Fashion
In the wake of the recent financial crisis, the global fashion and luxury
industry established a solid record of extremely strong value creation.
More recently, however, the industrys performance declined some- C[lick here
Boston Con-
whata trend that has continued into 2016. The exceptions have
sulting Group
been companies that have turned to digitization, consolidation, and
casualizationtrends that will remain relevant to many companies
for the near term.

Smart or Interactive Textiles is a new market segment resulting from

the miniaturisation of electronics and the fall in price of components
and manufacturing costs for both electronics and textiles. A simulta-
White Paper on Smart Textiles - neous trend in the clothing industry toward manufacture of specific Click here
SIDBI
Market Overview products for dedicated uses i.e. for running, skiing, golf and extreme
sports has created a niche where smart and interactive textiles ena-
ble new functions and features that can enhance a garments perfor-
mance and its wearers experience.

Crisil Opinion

Technical textiles industry to surpass Rs 900 billion by 2013-14

December 2011
The technical textiles industry is one of the fastest growing segments of the textiles industry. CRISIL Research expects the industry to
grow by 12 per cent CAGR to over Rs 900 billion by 2013-14 from around Rs 640 billion (estimated) in 2010-11. Growth will be led by
relatively small but fast growing segments such as meditech, sportech, geotech and oekotech. The larger segments, packtech,
clothtech, hometech and mobiltech, will grow at a steady pace over the same period.

Page 2 T E XT I L E I N D U S T R Y U P D A T E
Top Apparel Manufacturing Companies (Figures Rs. Million)
Total Operating Fiscal
Company Listed/Unlisted Total Assets Total Liabilities
Revenue Year
Arvind Ltd. Listed 34,506.70 33,318.10 86,776.70 2016

Aditya Birla Fashion and Retail Ltd. Listed 46,184.40 36,747.40 60,688.90 2016

Raymond Ltd. Listed 20,472.50 18,630.90 57,393.80 2016

Bombay Rayon Fashions Ltd. Listed 33,695.70 52,560.00 43,134.90 2016

PDS Multinational Fashions Ltd. Listed 2,193.70 5,610.60 43,080.20 2016

E I Dupont India Pvt.Ltd. Unlisted 18,294.70 12,088.50 29,922.00 2016

KPR Mill Ltd. Listed 11,926.30 8,735.00 26,234.70 2016

Sutlej Textiles & Industries Ltd. Listed 17,088.50 10,328.90 22,620.10 2016

Source: EMIS

Textile Industry India Brand Equity Foundation

To get the entire report click here

Textile Industry News & Deals

News Deals

Indian Garment Industry: Scope And Textile India Conclave to be held in

Success Gandhinagar
Noida garment exports hit by global Textile industry to make repre-
economic slowdown sentation to govt

V O L U M E 2, I S S U E 6 Page 3
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Textile InfographicsClick to view the larger image