meraj and poonam

8/3/2019 Meraj and Poonam

1/15

critical study on fashion market

in term of Export

Submitted to

Mr.Ishwar kumar

Submitted by

Meraj ahmad

Poonam kumari


2/15

Definition

Export - trade something out of the country.

In economics, an export is any good or

commodity, transported from one country to

another country in a legitimate fashion, typically

for use in trade.

In International Trade, "exports" refers to selling

goods and services produced in home country to

other markets


3/15


4/15


5/15


6/15

Size of Textile Industry of India

Industry range - production of raw material to providing high

value-added products.

Industry uses --variety of fibers ranging from natural to man

made fibers

significant role in Indian economy

direct employment to an estimated 35 million people,

4 per cent of GDP

accounting for 35 per cent of gross export earnings.

contributes 14 per cent of the value-addition in the manufacturing

sector.


7/15

India is :

the largest producer of jute in the World;

the second largest producer of silk;

the third largest in cotton and second largest in

cellulosic fibers;

the fifth largest in synthetic fibers/yarns


8/15

Destinations of exports: 125 destinations

86% of export in 17 quota countries

(USA. Canada, 15 EU nations)

14 % in non-quota countries

(major Japan, Australia, Switzerland, Russia , UAE )

Types of Garment Exported : Woven and Knitted

Major Product category :

Shorts, trouser, ladies blouses, skirts, gents shirts ,

knitted shirts, ladies dresses. Coats & jackets, T-shirts


9/15


10/15

The textile and garment and their trade holds a lot

of importance for two reasons:

1. These are basic items of consumptions in all

countries.

2. The manufacturing is a labor intensive

process and requires little seed capital.


11/15

PROBLEMS FACED BY THE TEXTILE

INDUSTRYININDIA:

Sickness

Obsolescence

Government Regulations

Competition from Man-made Fibers

Competition from other Countries


12/15

Vision India 2010 for Textiles

Textile economy to grow to $ 85 bn. by 2010.

Creation of 12 million new jobs in Textile Sector.

To increase Indias share in world trade to 6% by2010.

Achieve export value of $ 40 Billion by 2010.

Modernization and consolidation for creating a

globally competitive industry


13/15

SOME FACT OF INDIAN TEXTILE

With the revival of demand in Western markets,Indias textile exports may grow up to $24 billion in2010-11 from an estimated $20 billion in the previousfiscal, industry and government officials have said inNew Delhi. - SME Times News Bureau

After declining for several months because of theglobal financial meltdown, textile exports to the USare finally back on track, recording growth inFebruary and March. Textile and apparel exports tothe US, which account for more than a quarter ofshipments made by the industry, rose 8.3% year-on-year (y-o-y) in March to $487.8 million. Exportsincreased 7.7% y-o-y to $443.5 million in February,data with the office of textiles and apparel, USDepartment of Commerce shows. (TNN, May 18,2010)


14/15

The government and the industry are looking fordiversification opportunities to enlarge the overallmarket size of the Indian textiles industry. India

textiles industry wants to reach the size of US$ 115billion by 2012. The expectation is that the technicaltextiles sector will contribute at least 10% to theoverall market size, which will be US$ 11.5 billion.The current value of the Indian technical textilessector is around US$ 8 billion. This means, Indiastechnical textiles sector has to nearly double in size inyears ahead. All stake holders, i.e. industry and tradeassociations, Government, industry related tradeassociations and textile academia and workingseriously to build a viable technical textiles sector in

India. In this connection, Government of India isplaying a significant role in creating awareness anddeveloping a knowledge base for the nonwovens andtechnical textiles sector.

(The Indian Textile Journal August 2010)


15/15

REFERENCE

Ministry of Textile

www.fibre2fibre.com

www.nic.com

www.ministryofcommerce.com

www.wto.com

www.businessworldindia.com

meraj and poonam

Documents