After Agriculture, Textile and Clothing Industry is the second highest employer in India with 4% GDP, 14% of the country`s Industrial Production and avg.13.1 % of the country`s foreign exchange earner. This is the one of the oldest Industry in India and is mainly divided into (i) Handloom sector, (ii) Power loom sector (iii) Organised sectors. This Industry is in general suffering because of improper Govt policy, unskilled labours, higher labour cost in organised sectors, lack in vision and mission, old machineries, more power cost, hunger for quick return, etc. To save this Textile Industry, it needs to improve productivity, Quality, Export in comparison to China, Bangladesh with cost effectiveness and to create market in abroad. Modernisation, Skill improvements, effective Managements are need of the hour. Our Export is avg 38.9 Billion dollars among 296.4 Bn Dollar of whole Export of the country. We have 19% raw material available out of the whole world whereas China is having 21%. But our export is only 38.9 Billion dollars as against China`s 370 Billion Dollar. It provides job to 45 million people directly and 60 million people in Textile Industry can save the Nation w.r.t. employment, growth & GDP, can reduce Trade & Fiscal Deficit. In the world of “Roti Kapada our Makan”, the importance of the Textile Sectors is playing a vital role in employment, revenue earnings, Export potential and GDP. In the earlier days this Industry was pioneer and lucrative and hence grown up substantially till 1960. But because of growing competition with other Industries, the Textile Industry started suffocating. The Textile tycoons started to shift in other more profitable Industries. In the year 1982, the strike called by Dr. Datta Sawant crippled the Organised sectors. On the other hand, the decentralised sectors started booming. In the year 1968, the NTC was formed to save guard the employment of the Organised sectors but later on it became a burden on Ministry of Textile.
GSDP growth rate, YoY (2017-18)
The Textile Policy – 1st July `15 (Ministry of Textile)
1. Creation of 35 million jobs by attracting foreign investments.
2. Rs. 12000 CR. To be spend on Technical Upgradation Fund (2012-2017)
3. To establish one modern apparel garment manufacturing Centre in every NE state for Rs. 20 CR.
4. EXPORT PROMOTION SCHEMES AVAILABLE FOR TEXTILE SECTOR FIRMS IN INDIA. Merchandize Exports from India (MEIS) Scheme Launched in April 2015, the MEIS provides duty reward to eligible textile and apparel categories to an extent of 2-5% of FOB value in the countries categorized as per the criteria prescribed.
5. Technical Textile Scheme: Technical textiles are functional fabrics that have applications across various industries including automobiles, civil engineering and construction, agriculture, healthcare, industrial safety, personal protection etc. Based on usage, there are 12 technical textile segments; Agrotech, Meditech, Buildtech, Mobiltech, Clothtech, Oekotech, Geotech, Packtech, Hometech, Protech, Indutech and Sportech. (i) Globally, the technical textiles contribute to about 27 percent of textile industry, in some of the western countries its share is even 50 percent while in India it is a meagre 11 percent.
This is the text .
This is the text .
This is the text .
This is the text .