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Explore investment opportunities and market insights in Karnataka's technical textile sector at .Technotex.India. Learn about state profile, industry snapshot, global and Indian profiles, government initiatives, raw material availability, and skilled manpower. Discover the strategic factors, land bank creation, market linkage, skill development, policy frameworks, and institutional linkages driving growth in the industry. Unveil the fiscal incentives, manpower development strategies, institutional linkages, and infrastructure development that make Karnataka competitive in the textile market. Don't miss this chance to be a part of the evolving technical textile landscape in Karnataka.
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Technotex India 2011, Mumbai 25th -27th August, 2011 Opportunities in the Technical Textile Sector – Karnataka Department of Handlooms and Textiles, Government of Karnataka
Index • State Profile & Textile Industry Snapshot • Technical Textiles Profile - Global and Indian • The Industry in Karnataka – Mapping • Factor Conditions • Government Initiatives • Raw Material Availability • Infrastructure/Logistics • Market Linkage • Skilled manpower • Policy Framework / Government Initiatives • Investment Opportunities
Investment Snapshot - Textiles • The total investment in textile sector stood at Rs 3500 Crores for the last decade • During the last 3 years the textile industry has seen an investment of more than Rs. 4000 Crores • The total export contribution from Textile sector is over Rs. 6000 Crores
Technical Textiles Profile – Global and Indian
Technical Textiles Profile World Scenario • Mobiltech leads at 23.00% followed by Indutech at 16.90% and Sportstech at 14.98% • Together these three form more than 55% of the World Market World Scenario Indian Scenario • Packtech constitutes largest market segment at 40.25% followed by Clothtech at 15.38% • Together these two form more than 55% of the Indian Market Indian Scenario
Mapping • The Technical Textiles sector is majorly concentrated in and around Bangalore • Presently, Industries are moving to other parts of Karnataka due to the logistic/infrastructure support that are being provided by the Government
Factor Conditions- Technical Textiles • Government Initiatives • Raw Material Availability • Infrastructure / Logistics • Market opportunities • Skilled manpower
Land Bank Land Bank Creation through KIADB
Factor Conditions – Government Initiatives • Single window clearance for Mega Projects. • A new encompassing policy for the sector covering all value chain of textiles • A professional agency, IL&FS Clusters, has been appointed by GoK for implementing the textile policy and is assisting the industry in structuring and implementation of the projects • Establishment of Fashion hub at Bangalore which will be unified buying/selling platform for the textile industry
Raw Materials Cotton Silk Wool Petroleum based SEZ at Mangalore Belgaum – Polyester bsaed cluster
Factor conditions - Market Linkage *Data Source: Govt. of Karnataka
Factor Condition: HRD: Educational infrastructure Fairly good spread of educational infrastructure, both in general and textiles, across the State
Factor Conditions – Skill Development • Focused efforts to create a pool of skilled manpower for the industry • Over than 60,000 candidates trained between 2008 – 2011 • 100 dedicated Skill Development Centers approved in under Policy • Training support being provided to 240 private skill development centers
Strengthening of Value chainThough Garmenting is a key strength, Policy supports integrated / activity wise development Professional Handholding IL&FS appointed as SMA to support industry & Government Geographical DispersionDispersing industry from expensive Metros to backward areas Making Textile industry in Karnataka Competitive Fiscal Incentives Zone & Development Based Packaged for SME & Mega Projects Manpower Development Strengthening exisitng set ups &New capacpitites (PPP) basis Institutional Linkages IT enabled placement linkage in coordination with industry & institutes Infrastructure Development Cluster based development strategy &Mega Projects Status Capacity Building Marketing / Design / Product Development &Trade Compliance Support Policy Framework – Suvarna Vastra Neethi(2008-13)
Support under the Policy/GoK initiatives Credit linked Capital Subsidy Entry Tax reimbursement, Stamp Duty Land Acquisition - Cost / Charges Reimbursement Common Infrastructure for Greenfield Textile Parks Power Subsidy (Garmenting, Spinning & Power loom Units) Support for environmental infrastructure Human Resource Development Support for Capacity Building & Standards and Compliances Special need based incentives for Mega Projects on a case - case basis
Opportunities Available Reimbursement based Fiscal incentives (Zone dependent up to approx. Rs. 50 Lacs + Power subsidy during the policy period) Setting Units Milestone based development grant (amounting to Rs. 12.00 crores) + Reimbursement based Fiscal incentives to Units within Cluster Parks Need Based assistance – Proposals invited from industry Should be investment / employment intensive Mega Projects Projects proposals worth Rs.500 crores in the technical textiles sector received by GoK…
Investment Pentagram Investor Friendly Govt. and policies Among Top 5 industrialized state Industrial Development Availability of Skilled and non skilled manpower High Infrastructure Growth Rich Natural Resource
Thank You Department of Handlooms and Textiles, Government of Karnataka IL&FS Clusters 309/2, Lakhshya TowerKoramangala, Bangalore Phone: +91 80 22540426 Email: girish.kamath@ilfsindia.com sanjib.nayak@ilfsindia.com Cordially invites to Karnataka Pavilion Project Director (KAP) 14/3A, R.P Building, 3rd Floor, Nrupathunga Road, Bangalore Ph: +91 80 22711692 E-mail: pdsvntex@gmail.com Commissioner for Textile Development & Director of Handloom Textiles14/3A, R.P Building, 3rd Floor, Nrupathunga Road, Bangalore.Ph: +91 80 22271628 www.textile.kar.nic.in