28708153 Apparel Industry

8/7/2019 28708153 Apparel Industry

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Presentation on Apparel

Industry

Presented By :Sampada Karpate



INTRODUCTION•Apparel industry is one of the most important sectors of the economy

•great growth and development in the industrial sector in India as well asabroad

•entirely based on the contribution of the industrial productivity and

employment

•apparel industry include home decor and furnishings along with clothing

and fashion accessories for kids, women and men

•plays a critical role in the economic development of the country with its

contribution to industrial output, export earnings of the country and the

generation of employment

•India's largest foreign exchange earners

http://sourcing.indiamart.com/apparel/fashion-accessories/

http://sourcing.indiamart.com/apparel/fashion-accessories/



MARKETSHARE IN TEXTILE



INITITION AND DEVELOPEMENT• globalization and Indian textile industry took place

simultaneously in the 1990s. • Indian economy was predominantly an unorganized

industry • India earns around 27% of the foreign exchange from

exports of textiles• globalization of India textile Industry has seen a

paradigm increase in the 'total industrial production'

factor of this Industry, which presently stands at 14%

• contribution towards the gross domestic product (GDP)of India is around 3%

• acceptance of 'open market' policy by the developingcountries, much in the lines of the developed countries of the world



CONTI……..• The initiation development of globalization and Indian textile industry

respectively, was effected by the Ministry of Textiles under the

Government of India

• Indian textile industry employs around 35 million

• 21 % of the total employment generated in the economy.

• Globalization facilitated introduction of modern and efficient

manufacturing machineries and techniques

• India's economic growth is largely dependent on textilemanufacturing and exports



globalization of the Indian textile

sector factor

• Huge textile production capacity• Efficient multi-fiber raw material manufacturing capacity

• Large pool of skilled and cheap work force

• Entrepreneurial skills

• Huge export potential

• Large domestic market

• Very low import content

• Flexible textile manufacturing systems



Advantages: Effect on local economy

• The textile industry is the second largest employer, after

agriculture, with a total workforce of around 35 million• largest foreign exchange earner

• contribution in exports is nearly 20 per cent

• for 14% of the total Industrial production, contributes to

nearly 30% of the total exports

• second largest employment generator

• emphasizes the need for strengthening the managementmechanism in the industry, to face the emerging

international challenges

•

• competition in both their export and domestic markets.



How does the Apparel industry look ahead • progress fashion has become a must item in its agenda

• . Fashion Design Council of India (FDCI) highlights that

designer wear segment in India is a key growth sector.

• Indian fashion industry is all set to grow to Rs 1,000 crorefrom the current Rs 180 crore within the next five to 10 years

• more challenging environment and an increasing

responsibility to carry this trend forward



Conclusion • Apparel Industry has a huge potential to accelerated in

world• The Indian textile and apparels industry is in a stronger

position now than it was in the last six decades

• annual growth rate of 9: 10 percent. previous Six decade it

was 3:4

• significant increase in cotton production during the last two:

three years • apparels industry at competitive prices, providing it with a

competitive edge in the global market

• India, is height achieving all targets through Apparel and

textile industry globally

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http://www.amazines.com/article_detail.cfm/300007?articleid=300007

28708153 Apparel Industry

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