Menu Close

India – The Global Exporter Of Textiles and Garments

Snapshots:-

India – Knitting the future India is among the world’s largest producers of Textiles and Apparel. The domestic textiles and apparel industry contributes 2.3% to India’s GDP, 7% of the country’s manufacturing production and 13% of the country’s export earnings.The textiles and apparel industry in India is the second-largest employer in the country providing employment to 45 million people. It is expected that this number will increase to 55 million by 2020.India has also become the second-largest manufacturer of PPE in the world. More than 600 companies in India are certified to produce PPEs today, whose global market worth is expected to be over $92.5 bn by 2025, up from $52.7 bn in 2019.FDI in the textiles and apparel industry has reached up to $3.4 bn during 2020Exports in the textiles and apparel industry are expected to reach $300 bn by 2024-25 resulting in a tripling of Indian market share from 5% to 15%.

TEXTILES & GARMENTS

Market size, Growth, Scope & Investment Opportunities

Textile & garments industry in India is expected to reach $223 bn by 2021 from $140.4 bn in 2018.Abundance of raw material, presence of entire value chains, compitative manufacturing cost, availability of skilled manpower, large & growing domestic market are the main reasons of the remarkable growth for textile industry in India.Scope for this industry is wide The organized textile industry is characterized by the use of capital-intensive technology for mass production of textile products and includes spinning, weaving, processing, and apparel manufacturing.

  • The domestic textiles and apparel industry stood at $140 bn in 2018 (including handicrafts) of which $100 bn was domestically consumed while the remaining portion worth $40 bn was exported to the world market. Rising per capita income, higher disposable incomes and preferences for brands Organized retail landscape & e-Commerce
  • Investible project are total 7 as 6 are out of them are Govt of India has taken intiative with 7 districts & 5 promoters has been involved. Investment cost of this  would be around worth US$ 300.98mn apporx.
  • Moreover, a rise in incomes has led to a further surge in demand. India has a huge storehouse of raw materials like cotton, silks, and wool. 100 % FDI is being encouraged by the government. Integrated Textiles Parks seems to be the future of India. Information Technology and Communication is playing a major role to adjust the supply chain management in a better manner. The restricting of business scenario and communication channels have further led to the growth of the sector. The World Media Network looks to improve the communication channels with the USA, European, and Middle Eastern markets. Now, brands can advertise their logos on the media channels, to further leverage the benefits.

REASONS TO INVEST

  • India has the second largest manufacturing capacity globally.
  • The Indian textile industry accounts for about 24% of the world’s spindle capacity and 8% of global rotor capacity.
  • India has the highest loom capacity (including hand looms) with 63% of the world’s market share.
  • India accounts for about 14% of the world’s production of textile fibre and yarn and is the largest producer of jute and the second largest producer of silk and cotton.
  • A strong production base of a wide range of fibre/yarn from natural fibres like cotton/jute, silk and wool to synthetic/man-made fibres like polyester, viscose, nylon and acrylic.
  • Increased penetration of organised retail, favourable demographics and rising income levels to drive textile demand.
  • India enjoys a comparative advantage in terms of skilled manpower and cost of production over major textile producers.
  • Abundant raw material and increasing demand for exports to boost fibre production.
  • Abundant availability of raw materials such as cotton, wool, silk and jute

FOREIGN INVESTORS

  • Rieter (Switzerland)
  • Trutzschler (Germany)
  • Soktas (Turkey)
  • Zambiati (Italy)
  • Bilsar (Turkey)
  • Monti (Italy)
  • CMT (Mauritius)
  • E-land (S. Korea)
  • Nissinbo (Japan)
  • Marubeni (Japan)
  • Skaps (USA)
  • Ahlstorm (USA)
  • Terram (UK)
  • Strata Geosystems (USA)
  • Marks & Spencer (UK)
  • Zara (Spain)
  • Mango (Spain)
  • Promod (France)
  • Benetton (Italy)
  • Esprit (USA)
  • Levi’s (USA)
  • Forever 21 (USA)

SCOPE- INVEST INDIA – “WMN” VITAL ROLE IN TERMS OF FDI

”WMN” is playing an important role in all the categories and sectors,
 “ WORLD MEDIA NETWORK” is venturing into a Press Release distribution company covering over 180 countries and more than twenty-five languages across the world. Covering Digital News, Television, Print, Radio, Billboards, Airports, Multiplexes,Talk shows
.

 Press releases are based on Industry   standards and timely Coverages help in business development and scope of growth among  the countries and FDI’s “WMN” is helping upcoming n existing businesses to grow within the perpetual business as the government is  working towards domestic and international Tie-Ups .

Most service-oriented industries need to be promoted through WMN with direct and indirect participation and looking for opportunities for Franchising modules in the world.

“WMN” LEAD GENERATION

There are two types of lead within the lead generation market: sales leads and marketing leads. A Sales lead is generated on the basis of demographic criteria such as FICO score (United States), income, age, home Income, psychographic, etc. These leads are resold to multiple advertisers. Lead generation describes the marketing method of stimulating and capturing interest in a very product or service for the purpose of developing a sales pipeline. Lead generation typically uses digital channels and has been undergoing substantial changes in recent years from the increase of the latest online and social techniques.

MINISTRIES OF THE GOVT.OF INIDA “WORLD MEDIA NETWORK” ASSISTANCE

“ WMN’’ will guide the corporates/ company/ individuals  in  establishing the business in India  depending on  the states to get the required permissions from the Ministries of The Government of India.

The Ministries include

Ministry of Health

Ministry of Railways

Ministry of Power

Ministry of Electronics & Information & Technology

Ministry of Communication

Ministry of Tourism & Transport

Ministry of Civil Aviation

Ministry of Petroleum & Natural Gas

Ministry of Chemicals & Fertilizers.

Ministry of Commerce & Industry

Ministry of Ayush

Ministry of Agriculture & Farmers

Ministry of Department of North East region

Ministry of Earth Sciences

Ministry of Environment, Climate change & Forest

Ministry of External affairs &Finance

Ministry of Fisheries, Animal Husbandry, Dairying

Ministry of Heavy Industries& Public Enterprises

Ministry of Home Affairs, Housing &Urban Affairs.

Ministry of Human Resources Development

Ministry of Information &B broadcasting

Ministry of Jal Shakti

Ministry of Law &Justice

Ministry of Labour &Employment

Ministry of MSME’s

Ministry of Mines

Ministry of minority affairs    

Ministry of New & Renewable Energy 

Ministry of Panchayat  Raj

Ministry of Parliamentary  Affairs

Ministry of Personnel, Public Grievances & Pension

Ministry of Science & Technology

Ministry of Rural Development

Ministry of Road Transport & Highways

Ministry of Shipping

Ministry of Skill Development & Entrepreneurship.

Ministry of Social Justice & Empowerment

Ministry of Steel, Textiles, Tribal affairs.

Ministry of Women & Child Development

Ministry of Youth Affairs & Sports

Ministry of Statistics & Programme Implementation.

RURAL MARKET IN INDIA& INVEST IN INDIA

RURAL MARKET IN INDIA& INVEST IN INDIA

“WMN”STRATEGY

Importance of brand visibility in Rural Markets of India for high brand Recall & Pull. It’s easy to ignore other languages if one the dominant language makes up the majority. While English does make for the majority, there is a section that only consumes content in a regional language and this section could be your most important target audience. To be present Indic content we also encouraging websites to enagage consumers in multiple languages.

”WMN”is going to support in many ways through various resources. In Moral, Development of any country not only depends on the continuous development of the urban areas but also relies on the development of the small towns and rural areas. Government, as well as individual actions together, contribute towards the success of any country as a whole. The Major industries in Rural market segments are mainly covered with as….

1)FARMING

2) ORGANIC FARMING.

3)LIVESTOCK FARMING

4)FISH FARMING

5)FIVE STORES IDEAS ie  SEEDS & FERTILIZERS STORE,GROCERY STORES,ICECREAM & SWEET STORES,CLOTHING & CHEMISTS STORES.etc.

6) DAIRY FARM BUSINESS

7)POULTRY,SMALL SCALE UNITS MANUFACTURING UNITS & CONSTRUCTIONS.

8)LOW BUDGET VILLAGE BUSINESSES etc.