India Textile Industry is one of the largest textile industries in the world. Today, Indian economy is largely dependent on textile manufacturing and exports. India earns around 27% of the foreign exchange from exports of textiles. Further, India Textile Industry contributes about 14% of the total industrial production of India. Furthermore, its contribution to the gross domestic product of India is around 3% and the numbers are steadily increasing. India Textile Industry involves around 35 million workers directly and it accounts for 21% of the total employment generated in the economy.
The Indian Textile Industry contributes approximately 12 percent to industrial production, 15 per cent to the manufacturing sector, 4 percent to the GDP and 12 per cent to the country's total export earnings. The sector provides direct employment to over 35 million people, the second largest provider of employment after agriculture. This fact makes a call that says that textiles sector is a labor intensive one. There are another 55 million people who are engaged in its allied services. The Indian textile industry is estimated to be around US$ 52 billion and is likely to reach US$ 115 billion by 2012. The domestic market is likely to increase from US$ 34.6 billion to US$ 60 billion by 2012. It is expected that India's share of exports to the world would also increase from the current 4 per cent to around 7 per cent during this period. India's textile exports have shot up from US$ 19.14 billion in 2006-07 to US$ 22.13 billion in 2007-08, registering a growth of over 15 per cent.
Key Initiatives / Information
CII offers its views to the Budget presented on 28 February 2013. This article ‘FM sends out the right signals across sectors’ by Mr Chandrajit Banerjee, Director General, CII, appeared in the Budget 2013 Special Supplement of The Telegraph on 1 March 2013.
The Foreign Trade Policy (FTP) must revitalize exporter confidence and bring changes for optimizing export growth in the current global economic atmosphere. A multi-pronged differentiated strategy is required for developed countries and emerging markets. The FTP must take immediate supporting measures, including retaining the Focus Market Scheme (FMS) and Focus Product Scheme (FPS) and widening their applicability to more markets and products. This article by Mr Chandrajit Banerjee, Director General (CII) was published in The Hindu Business Line on 5 April, 2012.
A leading Fabric / Denim mill in Turkey listed on Istanbul stock exchange is looking for a new owner. It is expecting an enterprise value of 180-200 million USD, but with debt of approximately 40-45 million, the equity value is estimated in the range of 140-150 Million USD.
CII believes that some important issues of concern that need policy reforms for the overall growth of the industry include MSP to be brought back to reflect international price levels, Do away with incentives for cotton exports etc.
CII News Update
The 4 day Made in Pakistan Show, organised by Confederation of Indian Industry (CII), opened at Himachal Bhawan, Sector 28, here in Chandigarh on Wednesday and Attracted good crowds, especially women. The Show was formally inaugurated by Mr Anil Kumar, Home Secretary, UT Chandigarh. .....
New Delhi 13th March, “The G-20 countries should look for ways for recapitalizing Multilateral Development Banks. At present the World Bank lending for infrastructure development is too miniscule,” said Dr, Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of India, at CII organised Ind.....
The recently announced additional incentive measures by Minister Anand Sharma like extending 2% Interest Subvention Scheme on rupee export credit which is available to certain specific sectors up to March 31, 2014 as well as for the Small and Medium Enterprises (SMEs) for all sectors is indeed a we.....
Government set to resolve long standing issues including amendment of IBR
Mr. T.S.G. Narayannen, Secretary, Central Boiler Board, Department of Industrial Policy and Promotion while speaking at the “Seminar on Boiler Industry: Identifying Challenges and Opportunities” organized by Confedera.....
“India-Pakistan relations would improve a lot with a boost in trade ties through fairs like the CII Chandigarh Fair,” emphasized H E Mr Jagannath Pahadia, Governor, Haryana, while inaugurating the 17th CII Chandigarh Fair, supported by National Small Industries Corporation (NSIC), amongst massive c.....
“India and the Philippines have immense potential for cooperation in the agriculture and information technology sectors”, said India''s Ambassador-Designate to the Philippines, Mr Amit Dasgupta, while addressing the members of the Confederation of Indian Industry (CII) in Chennai on 10 July 2012. .....
“Textile sector can grow and sustain if and only if the scale of operations is increased and latest technology is adopted to raise productivity levels” opined Ms Kiran Dhingra, Secretary, Ministry of Textiles, Government of India during the Texcon 2012 organised by Confederation of Indian Industry .....
Chennai, 1 March 2012, with a buoyant and rejuvenated oil economy, a reforming Government and an increasingly significant focus on the International Stage, Iraq is today firmly placed on the World Map. Iraq is proceeding with the rebuilding activities which have transferred it into the most dynamic.....
“We consider NRIs as National Reserve of India and this is the reason we invite you to come and invest in India which holds tremendous investment opportunities in the sectors of education, healthcare and infrastructure. There could be some operational challenges, but these are the areas we look for.....
The Enterprise India Show in Yangon, Myanmar was inaugurated on November 10, 2011. The Myanmar Chief Guests at the inauguration were U Myint Hlaing, Hon’ble Minister of Agriculture & Irrigation; U Soe Thane, Hon’ble Minister of Industry & Chairman of the Myanmar Investment Commission & Myanmar Ind.....
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Consulting / Advisory Services
Six Sigma approach is being widely used all over the world for reduction in process variation and waste elimination.
Total Productive Maintenance, shortly termed as TPM, is the concept originated and developed by Japan Institute of plant Maintenance (JIPM) Tokyo, since late sixties. JIPM-TPM is the key for the operational excellence for many Japanese companies.
Legal metrological requirements, relevant to the manufacturing sector, as laid down by way of standards under the Weights and Measures Act, 1976 and the Packaged Commodity Rules, 1977 have assumed critical importance in modern production lines.
CII and Export-Import (EXIM) Bank of India jointly established the Award for Business Excellence in 1994 with the aim to enhance the ''Competitiveness of India Inc.'' The Award is based on the EFQM (European Foundation for Quality Management) Model for Excellence.
It was more than two decades ago when CII pioneered the quality movement in India. Over this period the country has witnessed a tremendous improvement in the quality of its products and services and made Indian companies highly competitive in the global market. This has largely been achieved through
The key to ensure sustainable Quality up gradation and continuous improvement in an Organization is the willingness of its employees to adapt to changing paradigms.
Increased global competition has forced companies to think aggressively about effective Cost Management. A low cost high quality product has become an object of desire, to gain a competitive edge. It is essential that cost management addresses not just individual activities or cost centres but the e
To gain a competitive edge in today''''''''s marketplace, an organization must embrace new ideas and processes and requires constant improvement. Manufacturing Excellence is an imperative tool that leads an organization to the path of competitiveness. The underlying objective of these initiatives is
Energy efficiency & conservation is a high priority area for industries. Our study & experience show that there is around 10-30% energy saving potential in industries and commercial buildings. The Centre offers consultancy services on energy audits & conducts audit with most accurate estimate of sav
CII Awards & Recognitions
The CII Cotton Awards were instituted by CII. Vardhman & few other textile companies supported the silver salvars/mementos which were presented to the selected farmers for achieving high yield in cotton production alongwith some cash awards. The jury comprised of a few technical people from industry and PAU.
Confederation of Indian Industry (Southern Region) has launched the Eighth edition of the "Leadership and Excellence Award in Environment Health & Safety (EHS) for the year 2009" in cooperation with SHRIRAM EPC Limited.
The EHS Award was instituted in the year 2002 and it has been grand success every year and has received tremendous response from the industries in the Southern Region.
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Forthcoming Events
- Four day training programme on Laboratory Management & Internal Audit as per ISO / IEC 17025:2005 for NABL accreditation
India May 21, 2013 To May 24, 2013
- Cost Efficient Management in Logistics & Transportation
Bangalore India Jun 13, 2013 To Jun 14, 2013
- Workshop on Service Tax for MSME
Kolkata West Bengal India Jun 14, 2013
- CII Business Delegation to Armenia and Georgia
Armenia GeorgiaJun 17, 2013 To Jun 26, 2013
- 21st Kaizen Conference & Competition
Pune Maharashtra India Jun 20, 2013 To Jun 21, 2013
- 5th edition of MADURAI RUBBER 2013
Madurai Tamil Nadu India Jun 21, 2013
- Training Programme on FOREX MANAGEMENT AND DERIVATIVES
India Jun 21, 2013
- Texcon 2013
New Delhi New Delhi India Jul 19, 2013
- Energy Efficiency Summit 2013
Hyderabad Andhra Pradesh India Aug 19, 2013 To Aug 22, 2013
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