Presentation on theme: "India textile industry Emerging Asia This links with WJEC A2 Geography Theme India. 1.2 How and why is the economy changing ? Factors affecting the growth."— Presentation transcript:
India textile industry Emerging Asia This links with WJEC A2 Geography Theme India. 1.2 How and why is the economy changing ? Factors affecting the growth of manufacturing industries
India textile industry India contributes to about 25% share in the world trade of cotton yarn. India, the world’s third-largest producer of cotton and second- largest producer of cotton yarns and textiles, is poised to play an increasingly important role in global cotton and textile markets The ready made garment sector is the biggest segment in the India’s textile export basket contributing over 46% of the total textile exports. Exports have grown at an average of 9.47% p.a over the last decade.
Problems in the industry Fragmented industry Effect of historical government policies Technological obsolescence Indian companies need to focus on product development Competition in domestic market Need to improve the working conditions of the people. Tackle Chinese aggression over the international market
Growth opportunities Growth opportunities exist in following areas: Medical textiles Construction textiles Packaging textiles Home textiles( with fire-retarded fabric)
The Gujarat district Ahmedabad is the leading manufacturer of cotton and blended textile in India. It is also one of the largest producers of denim in the country Large composite textile/garment manufacturers in the area include: Arvind Mills Welspun Group Alok Industries Madura Garments
Strategies for growth Setting up textile industries oriented SEZs Starting up new courses such as Textile Manufacturing and Textile Technology at universities and engineering institutes Liberalised labour laws, tax and other benefits of a Special Economic Zone need to be implemented
Discussion questions What factors favour the growth of the textile industry in India? What factors hinder the development of the textile industry? How is the government supporting the industry? How effective do you think those strategies will be? What are the environmental implications of monoculture of cotton for the textile industry?