Asian Textile Conference
 
 

Home

Atexcon Sponsorship

Contact Us

 
 
 
Report on ATEXCON 2005


BUSINESS SESSION- I: FIBRES AND YARN

 

Post independence, growth of Indian textiles Industry has been a case of missed opportunities, misplaced priorities and inability to recognize the tremendous potential it has in generating exports and employment. However, India has all the ingredients for the development and growth of a vibrant textiles industry and the industry has progressed despite multiple constraints and bottlenecks. In the global context, India offers comparative advantage in textiles and apparel sector with excellent raw material base, skilled manpower and cost competitiveness. It accounts for a quarter of the country’s exports at 14 billion dollars in the fiscal 2004-05 and the size of the current textile industry is estimated to be about 40 billion dollars.

He discussed the present trends in all the segments of the industry. Touching upon the decentralized nature of the industry he said that production and processing of fabrics in India is highly fragmented and de-centralized. Hosiery and power looms sectors taken together now contribute 82% of cloth production in the country, Handloom sector is 13%, Khadi is 2% and mill sector an unfortunate 3%. On the apparel front, there are nearly 16,249 garment exporters in India. Bulk of the manufacturing is concentrated in small and tiny units numbering about 77,000. Super efficient mega mass production units are waiting to happen, pending labour law reforms.

In his Inaugural Address, Mr. Shankersinh Vaghela, Union Minister of Textiles said it is right time to take stock of the emerging global trend after the elimination of quotas. The Asian Textile Industry has many advantages, which if harnessed effectively can enable it to withstand global competition. Factor endowments like strong raw material base, an expanding manmade fibre industry and a large pool of technical and managerial manpower with infusion of new funds can bring back the buoyancy.

He assured continued interaction with all stakeholders so as to institutionalize the inter-relationship between trades, export promotion bodies and the various departments responsible for operating export promotion schemes and facilitation services. He touched upon the need for labour reforms, technology upgradation and industry’s demand for extending the TUFS scheme from 2007. He elaborated upon the new Integrated Textile Parks scheme, which encompasses the earlier two schemes - Apparel Park and TCIDS. Within a year and half 25 Apparel Parks are slated to come up in various states.

Dr. Rajaram Jaipuria, Past Chairman, CITI and Chairman, Ginni Filaments proposed the Vote of Thanks.

 
 

Back

 
 
All Copy Rights Reserved - Atexcon-2007-2008