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Prospects for the textile and clothing industry in India, 2017
published in Issue 184, February 2017
India ranks as the world's second largest producer of textiles and clothing after China. Also, its textile and clothing industry is its largest manufacturing activity – in 2015/16 the industry accounted for 4% of India's gross domestic product and 14% of its national export earnings. The Indian textile and clothing industry comprises thousands of ginning factories and mills, and millions of hand looms and power looms. As such, it provides direct employment for around 45 million people and indirect employment for an estimated 263 million people, and it benefits from a highly skilled workforce. Furthermore, the industry serves a huge domestic market which is forecast to be worth US$314 billion by 2025. Despite these bright spots, however, the industry faces several challenges – including an inadequate infrastructure, frequent power outages and a significant technological deficit compared with competing Asian countries. Also, many of the industry's production units operate at a low level of scale. This report looks at the development of the textile and clothing industry in India, its size and structure, and textile and clothing production and consumption. In particular, the report features: a geographical, political and economic profile; a detailed look at the country's imports and exports; a review of government policies and investment incentives; an analysis of the industry's strengths, weaknesses, opportunities and threats (SWOT); and a look at India's infrastructure and human resources and how these affect the industry.
Six times a year, Textile Outlook International provides up to 200 pages of intelligence, expert analysis and insight on the global textile and clothing industry.
What's in it? Each issue provides an authoritative source of information on key industry topics, including: circularity; cotton; environmental sustainability; fibre prices; innovation; production and consumption forecasts; imports and exports; industry giants and emerging brands; international trade fairs; key geographical markets; recommerce; retail; supply chains; textile and clothing trade; textile machinery; trade and production trends; world markets; and yarn and fabric manufacturing.
A single issue of Textile Outlook International includes:
an editorial think-piece on a topical issue from an industry expert a report on textile and apparel trade and production trends a round-up of the latest international trade fairs a feature on textile and clothing imports and exports or fibre prices, production and consumption a report on a key geographical marketinsight and analysis of a key market leader or fast-growing start-up
An annual subscription to Textile Outlook International is a cost-effective way to keep informed about trends and developments in the global textile and clothing industry. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication.
Like all Textiles Intelligence publications, Textile Outlook International is a reliable source of independently sourced business information, and it does not carry advertising.
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