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India textile industry. Emerging Asia This links with WJEC A2 Geography Theme India. 1.2 How and why is the economy changing ? Factors affecting the growth of manufacturing industries. India textile industry. India contributes to about 25% share in the world trade of cotton yarn.
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India textile industry Emerging Asia This links with WJEC A2 Geography Theme India. 1.2 How and why is the economy changing ? Factors affecting the growth of manufacturing industries
India textile industry • India contributes to about 25% share in the world trade of cotton yarn. • India, the world’s third-largest producer of cotton and second-largest producer of cotton yarns and textiles, is poised to play an increasingly important role in global cotton and textile markets • The ready made garment sector is the biggest segment in the India’s textile export basket contributing over 46% of the total textile exports. • Exports have grown at an average of 9.47% p.a over the last decade.
Problems in the industry • Fragmented industry • Effect of historical government policies • Technological obsolescence • Indian companies need to focus on product development • Competition in domestic market • Need to improve the working conditions of the people. • Tackle Chinese aggression over the international market
Growth opportunities Growth opportunities exist in following areas: • Medical textiles • Construction textiles • Packaging textiles • Home textiles( with fire-retarded fabric)
The Gujarat district • Ahmedabad is the leading manufacturer of cotton and blended textile in India. • It is also one of the largest producers of denim in the country • Large composite textile/garment manufacturers in the area include: Arvind Mills Welspun Group Alok Industries Madura Garments
Strategies for growth • Setting up textile industries oriented SEZs • Starting up new courses such as Textile Manufacturing and Textile Technology at universities and engineering institutes • Liberalised labour laws, tax and other benefits of a Special Economic Zone need to be implemented
Discussion questions • What factors favour the growth of the textile industry in India? • What factors hinder the development of the textile industry? • How is the government supporting the industry? • How effective do you think those strategies will be? • What are the environmental implications of monoculture of cotton for the textile industry?