1
“EVA “EVALUATION AND FUTURE OPPORTUNITIES OPPORTUNITIE S OF INDIA’ INDI A’S S TEXTILE INDUSTRY.” INDUSTRY.”
PROJECT REPORT
PREPARED PREPARED BY
PRAVIN KUMAR TRIPATHI (PGDM, Institute of Management Education, Ghaziabad)
2
ABSTRACT The !o"ect “EVALUAT “EVALUATION ION AND FUTURE OPPORTUNITIES OF INDIAN IND IAN TEXTILE INDUSTRY” !o#ides a dee $no%&edge of #a!ious indust!' %hich !oduces the !ead'made ga!ments
It a&so !o#ides a coma!ati#e stud' of diffe!ent teti&e !oduction and ma!$eting comanies &i$e AR*I+D MI-, REIA+.E TE/TIE-, BIRA GR01P, RAYM0+D-, B0MBAY DEYI+G A+D 0T2ER- %ith simi&a! !ofi&e to discuss about thei! !oducts, offe!s, o&icies, se!#ices and !o#iding suggestion to them 0n the basis of feedbac$ th!ough 3uestionnai!e and obse!#ation method, I fond that the!e is c&ose cometition bet%een the comanies As each of them a!e inc!easing thei! !oducts, 3ua&ities, &oo$s and !o#iding bette! se!#ices e#e!'da' The ent!' of the M+.s a!e a&so the ma"o! oo!tunit' fo! the indust!' and it en&a!ge the cometition of the indust!'
The Indian teti&e indust!' is the one of the biggest indust!' of India It is a tota& ma!$et size of 455 bi&&ion It contains at &east 67 of GDP, 897 of tota& indust!ia& !oduction, 8:7 of The domestic ma!$et is &i$e&' to inc!ease f!om 1-4 ;6< bi&&ion to 1-4 <= bi&&ion b' >=8> It is eected that India?s sha!e of eo!ts to the %o!&d %ou&d a&so inc!ease f!om the cu!!ent 6 e! cent to a!ound 9 e! cent du!ing this e!iodIndia?s teti&e eo!ts ha#e shot u f!om 1-4 8:86 bi&&ion in >==<@=9 to 1-4 >>8; bi&&ion in >==9@=, !egiste!ing a g!o%th of o#e! 85 e! cent
M' ana&'sis is based on sam&e !esu&ts It %as a difficu&t tas$ to gathe! the info!mation f!om !esondents b' meeting them e!sona&&' in o!de! to get 3uestionnai!e fi&&ed The!e %as a &ot of time time !essu!e and sometimes sometimes un%i&&ingness un%i&&ingness of !esondents to !esond
PRAVIN KUMAR TRIPATHI.
2
ABSTRACT The !o"ect “EVALUAT “EVALUATION ION AND FUTURE OPPORTUNITIES OF INDIAN IND IAN TEXTILE INDUSTRY” !o#ides a dee $no%&edge of #a!ious indust!' %hich !oduces the !ead'made ga!ments
It a&so !o#ides a coma!ati#e stud' of diffe!ent teti&e !oduction and ma!$eting comanies &i$e AR*I+D MI-, REIA+.E TE/TIE-, BIRA GR01P, RAYM0+D-, B0MBAY DEYI+G A+D 0T2ER- %ith simi&a! !ofi&e to discuss about thei! !oducts, offe!s, o&icies, se!#ices and !o#iding suggestion to them 0n the basis of feedbac$ th!ough 3uestionnai!e and obse!#ation method, I fond that the!e is c&ose cometition bet%een the comanies As each of them a!e inc!easing thei! !oducts, 3ua&ities, &oo$s and !o#iding bette! se!#ices e#e!'da' The ent!' of the M+.s a!e a&so the ma"o! oo!tunit' fo! the indust!' and it en&a!ge the cometition of the indust!'
The Indian teti&e indust!' is the one of the biggest indust!' of India It is a tota& ma!$et size of 455 bi&&ion It contains at &east 67 of GDP, 897 of tota& indust!ia& !oduction, 8:7 of The domestic ma!$et is &i$e&' to inc!ease f!om 1-4 ;6< bi&&ion to 1-4 <= bi&&ion b' >=8> It is eected that India?s sha!e of eo!ts to the %o!&d %ou&d a&so inc!ease f!om the cu!!ent 6 e! cent to a!ound 9 e! cent du!ing this e!iodIndia?s teti&e eo!ts ha#e shot u f!om 1-4 8:86 bi&&ion in >==<@=9 to 1-4 >>8; bi&&ion in >==9@=, !egiste!ing a g!o%th of o#e! 85 e! cent
M' ana&'sis is based on sam&e !esu&ts It %as a difficu&t tas$ to gathe! the info!mation f!om !esondents b' meeting them e!sona&&' in o!de! to get 3uestionnai!e fi&&ed The!e %as a &ot of time time !essu!e and sometimes sometimes un%i&&ingness un%i&&ingness of !esondents to !esond
PRAVIN KUMAR TRIPATHI.
3
DECLARATION
I P!a#in T!iathi T!iathi ,student ,student of PGDM of I+-TIT1TE 0 MA+AGEME+T ED1.ATI0+, ED1.ATI0+, -A2IBABAD, Ghaziabad, >==@8= batch, he!eb' dec&a!e that the P!o"ect Reo!t tit&ed
EVALUATION AND FUTURE OPPORTUNITIES OPPORTUNITIE S OF INDIA’ IND IA’S S CEVA TEXTILE INDUSTRY is the outcome of m' o%n %o!$ and the same has not been submitted b' an' Institute fo! the a%a!d of an' deg!ee o! an' P!ofessiona& di&oma
Date @@@@@@@@@@@@@@@@@@@@@@@@@@@@ PRA*I+ TRIPAT2I TRIPAT2I
4
ACKNOWLEDGMENT CIf b!ain is the nuc&eus of thought, teache! is the sou!ce ene!g' to !un the oe!ation of soing c!oss uzz&es of doubts that often oise the mind of student This !o"ect !eo!t is the f!uit of m' ha!d %o!$ and mo!a& suo!t of man' e!sons du!ing the !ea!ation of !o"ect i!st&', i!st&', I %ant to gi#e than$s to a&might', a&might', fo! gi#ing me the inst!ument to ma$e the !o"ect I %ant to gi#e than$s to D! -idda!th *a!ma a!ma , m' gu!u"i, to !o#iding me the !ight %a' and di!ection to ma$e a !o"ect I a&so %ant to gi#e than$s to D! Ta!una Ta!una Gautam (Asst Di!ecto!, IME, Ghaziabad) %ho !o#ides me the guide&ines g uide&ines !ega!ding to !esea!ch %o!$, imo!t@eo!t and moti#ate me to ma$e the !o"ect M' fathe! and mothe! a!e big insi!ation fo! me , e#e!'time I %ish to gi#e than$s to them
ast but not &east, I %ant to gi#e than$s to Fa!am"eet P!ata -ingh, m' f!iend, m' guide, big b!othe! and athfinde! 2e suo!ts me e#e!' time I ne#e! fo!got him in enti!e &ife
5
CONTENTS :-
.hate! 8@ I+TR0D1.TI0+@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
P!" N#.
=<
.hate! >@ ITERAT1RE RE*IE@@@@@@@@@@@@@@@@@@@@@@@
8=
.hate! ;@ RE-EAR.2 MET20D00GY@@@@@@@@@@@@@@
8>
.hate! 6@ 0*ER*IE 0 I+DIA+ TE/TIE I+D1-TRY @@ 86 .hate! 5@ DATA A+AY-I- @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@;= .hate! <@ -1GGE-TI0+- A+D .0+.1-I0+@@@@@@@@@@@@@@@@ 6=
6
CHAPTER –1 INTRODUCTION
INTRODUCTION:-
7
Teti&e is the co!e business of India f!om the &ing time It is ma"o! business fo! ou! sho!t te!m and cottage indust!ies Indian teti&e indust!' is as o&d as the %o!d teti&e itse&f This indust!' ho&ds a significant osition in India b' !o#iding the most basic need of Indians -ta!ting f!om the !ocu!ement of !a% mate!ia&s to the fina& !oduction stage of the actua& teti&e, the Indian teti&e indust!' %o!$s on an indeendent basis
BACKGROUND OF THE STUDY :-
Teti&e is the o&dest business of Indians Manie! &aces in India accounting fo! its !ema!$ab&e achie#ement in the fie&d of teti&es It is a ma"o! sou!ce of the ea!ning of the !e#enue gene!ation fo! the count!' !om the &ast 5= 'ea!s afte! the indeendence, this secto! continuous&' is a a!t of the !e#enue gene!ation of the count!ies It is a ma"o! indust!' in em&o'ment gene!ation of the count!' !om the &ast cou&e of 'ea!s, it accounting fo! a &eading !o&e in the GDP of the count!' It accounts fo! a!ound 6 e! cent of the g!oss domestic !oduct (GDP), 86 e! cent of indust!ia& !oduction and o#e! 8; e! cent of the count!'?s tota& eo!t ea!nings Mo!eo#e!, it !o#ides em&o'ment to o#e! ;5 mi&&ion eo&e The Indian teti&e indust!' is estimated to be a!ound 1-4 5> bi&&ion and is &i$e&' to !each 1-4 885 bi&&ion b' >=8> The domestic ma!$et is &i$e&' to inc!ease f!om 1-4 ;6< bi&&ion to 1-4 <= bi&&ion b' >=8> It is eected that India?s sha!e of eo!ts to the %o!&d %ou&d a&so inc!ease f!om the cu!!ent 6 e! cent to a!ound 9 e! cent du!ing this e!iod India?s teti&e eo!ts ha#e shot u f!om 1-4 8:86 bi&&ion in >==<@=9 to 1-4 >>8; bi&&ion in >==9@=, !egiste!ing a g!o%th of o#e! 85 e! cent HISTORY OF INDIAN TEXTILE INDUSTRY :-
India has a di#e!se and !ich teti&e t!adition It is the second &a!gest !oduce! of teti&e and c&othing in the %o!&d %ith its !oducts being eo!ted to o#e! 8>= count!ies Recent estimates indicate that the count!'?s teti&e secto! %i&& g!o% faste! in the coming 'ea!s and cont!ibute a &ot to the ou! o#e!a&& econom' The!e a!e diffe!ent time e! time !e#o&ution has been ta$en &ace in the Indian teti&e indust!' The teti&e secto! has been th!i#ing in India fo! decades The t!aditiona& teti&e indust!' of India had #i!tua&&' deca'ed du!ing the co&onia& !egime 2o%e#e!, in the nineteenth centu!', the indust!' %as !e#i#ed %ith the estab&ishment of teti&e mi&&s in .a&cutta (no% Fo&$ata) in 88 .otton teti&e indust!' had begun functioning in Bomba' (no% Mumbai) in 85=s and the fi!st cotton teti&e mi&& in the cit' %as estab&ished in 856 b' a Pa!si cotton me!chant These g!o%th eectations !un cont!a!' to the e!cei#ed #ied, a decade bac$ o! so, that teti&e %as a sunset indust!' Ti&& 8:5, India has no secia&ized o&icies to !omote the teti&e indust!' It is is 8:5 that the go#e!nment announced a sea!ate o&ic' statement %ith !ega!d to de#e&oment of teti&e secto! In the 'ea! >===, +ationa& Teti&e Po&ic' %as announced and since then the Indian teti&e indust!' has been ehibiting a distinguished e!fo!mance oening u ne% oo!tunities fo! the sma&& and medium sca&e indust!ies (-MEs) in the count!'
8
Pa!a&&e& to these de#e&oments the Indian teti&e indust!' has %itnessed o#e! the &ast fe% 'ea!s, teti&e eo!ts of the count!' ha#e a&so g!o%n eonentia&&' desite stiff cometition f!om Asian !i#a&s &i$e *ietnam, .hina, Pa$istan and Indonesia Du!ing >==<@=9, India?s teti&e eo!ts %e!e #a&ued at 489; bi&&ion (Rs 6,95> c!o!e) and the' a!e estimated to be at 4>> bi&&ion in the 'ea! to Ma!ch >==:
SCOPE OF THE STUDY:-
The stud' %i&& co#e! the b!ief desc!ition of Indian teti&e secto!, itHs cu!!ent situation, osition, futu!e !osect, -0T , and itHs inte!nationa& cometiti#eness The b!ief scoes of the stud' has been gi#en as fo&&o%s@ • • • • •
The eo!t cometiti#eness of Indian teti&e indust!' The b!ief o#e!#ie% of Indian teti&e indust!' E#a&uation of Teti&e o&ic' >=== utu!e !osect of Indian teti&e indust!' Ana&'sis of ua&it' cont!o& and &ogistic of Indian teti&e indust!'
NEED OF THE STUDY:-
The stud' %i&& !o#ide a c&ea! and b!ief #ie% about the cu!!ent situation and futu!e !osect of the Indian Teti&e secto! As it is said that the Indian Teti&e secto! is the one of the o&d and mo!e !ofit ea!ning secto! f!om man' 'ea!s The stud' %i&& gi#e the e!fect o#e!#ie% and actua& ana&'sis of the !e&e#ant dataHs fo! the c&ea! ictu!e of the indust!' The!e a!e fo&&o%ing need fo! the stud' of the !eo!tJ@ • • • •
Inc!ease in the inte!nationa& demand of the aa!e&s and c&othes Ent!' of mu&tinationa& comanies in the India Im&ementation of diffe!ent !omotion o&icies of go#t P!o#iding f!uitfu& info!mation to the ma"o! comanies of IndiaHs teti&e secto!
9
OBJECTIVE OF THE STUDY:• • • •
•
To dete!mine the eact osition of Indian Teti&e Indust!' To $no% about the a!eas %he!e it is &acing To $no% the oo!tunities of the indust!' in futu!e To $no% the effect of the cu!!ent cometiti#e en#i!onment on the Indian Teti&e Indust!' To dete!mining the demand of Indian teti&e !oducts in inte!nationa& ma!$et
10
CHAPTER—2 LITERATURE REVIEW
LITERATURE REVIEW
11
The stud' has been ta$e into im&ementation of the diffe!ent !esea!ch su!#e's of man' famous nationa& and nationa& !esea!che!s A--0.2AMH stud' on teti&e in India, A. +ie&senHs su!#e'Hs a!e the ma"o! ones %hich ta$es into im&ementation and the!e suggestions has been dee&' im&emented Acco!ding to the !eo!t gi#en b' A--0.2AM, the teti&e secto! !egiste!ed 5= e! cent inc!ease in in#estment du!ing >==@=: to 1-4 8=6< bi&&ion f!om 1-4 <59 bi&&ion in >==9@ = The teti&e indust!' has att!acted fo!eign di!ect in#estment (DI) %o!th 1-4 <99 mi&&ion f!om A!i& >=== to Ma!ch >==: Acco!ding to the Teti&es and Aa!e& Reo!t >==9, b' the .onfede!ation of Indian Indust!' and E!nst K Young, the Indian sou!cing ma!$et is estimated to g!o% at an annua& a#e!age !ate of 8> e! cent f!om an eected ma!$et size of 1-4 >> bi&&ion@1-4 >5 bi&&ion in >== to 1-4 ;5 bi&&ion@1-4 ;9 bi&&ion b' >=88 -imu&taneous&', %o!&d?s cutting edge fashion b!ands such as 2ugo Boss, Diese& and iz .&aibo!ne a!e steing u thei! sou!cing f!om India Acco!ding to the I.RA Info!mation, G!ading andResea!ch -e!#ice, IndiaHs teti&e and aa!e& eo!ts to 1- du!ing Lanua!'@A!i& >==5 ha#e;97g!o%n b' >9 e! cent as coma!ed to the co!!esonding e!iod in the !e#ious 'ea! 2o%e#e!,this has been at a s&o%e! !ate as coma!ed to .hina (5: e! cent) du!ing the same e!iod Indianeeds to shift its focus to eo!ts of teti&e and c&othing based on manmade fib!es, %hichaccounted a meag!e 8< e! cent of the tota& teti&es and aa!e& eo!ts in >==6, %hi&e ;9 e!cent of 1- teti&e and aa!e& imo!ts constituted imo!ts of manmade fib!e in >==6 Thus, it isnecessa!' to &e#e!age ou! cost ad#antage in te!ms of &abou! costs to boost o#e!a&& teti&es andaa!e& secto! in the futu!e
12
CHAPTER –3 RESEARCH METHODOLOGY
RESEARCH METHODOLOGY
13
The diffe!ent !ima!' and seconda!' dataHs has been used in the !esea!ch !o"ect !eo!t o! the asects, the seconda!' data ana&'sis has been ta$es into conside!ation, but maimum a!eas and a!ts of the !o"ect has been co#e!ed b' !ima!' dataHs SAMPLE DESIGN
A&& %o!$ing eo&e a!e inc&uded both the gende!s ie ma&es and fema&es i!!esecti#e of thei! education &e#e& SAMPLE UNIT: -
SAMPLE SI$E: -
>==
SAMPLE REGION: - -ahibabad Region, .ent!a& De&hi
DATA COLLECTION METHOD
PRIMARY DATA:
P!ima!' data %as co&&ected th!ough a se&f administ!ated 3uestionnai!e This 3uestionnai!e aims to gathe! info!mation !e&ated to #a!ious Read'made ga!ments SECONDARY DATA:
-econda!' data %as co&&ected th!ough magazines, !esea!ch ae!s, inte!net etc RESEARCH INTRUMENTS %UESTIONNAIRE DESIGN:
As the 3uestionnai!e is se&f administ!ated one, the su!#e' is $et sim&e and use! f!iend&' o!ds used in 3uestionnai!e a!e !eadi&' unde!standab&e to a&& !esondent A&so technica& "a!gons a!e a#oided to ensu!e that the!e is no confusion fo! !esondents
14
CHAPTER—4 OVERVIEW OF INDIAN TEXTILE INDUSTRY
OVERVIEW OF INDIAN TEXTILE INDUSTRY
15
Indian teti&e indust!' is the count!'Hs &eading !ofit gaine! indust!' It is a #e!' o&d and t!aditiona& business of India This indust!' ho&ds a significant osition in India b' !o#iding the most basic need of Indians -ta!ting f!om the !ocu!ement of !a% mate!ia&s to the fina& !oduction stage of the actua& teti&e, the Indian teti&e indust!' %o!$s on an indeendent basis 1nti& the economic &ibe!a&ization of Indian econom', the Indian Teti&e Indust!' %as !edominant&' uno!ganized indust!' The oening u of Indian econom' ost 8::=s &ed to a stuendous g!o%th of this indust!'
Indian Teti&e Indust!' is one of the &a!gest teti&e indust!ies in the %o!&d Toda', Indian econom' is &a!ge&' deendent on teti&e manufactu!ing and eo!ts India ea!ns a!ound >97 of the fo!eign echange f!om eo!ts of teti&es u!the!, Indian Teti&e Indust!' cont!ibutes about 867 of the tota& indust!ia& !oduction of India u!the!mo!e, its cont!ibution to the g!oss domestic !oduct of India is a!ound ;7 and the numbe!s a!e steadi&' inc!easing Indian Teti&e Indust!' in#oes a!ound ;5 mi&&ion %o!$e!s di!ect&' and it accounts fo! >87 of the tota& em&o'ment gene!ated in the econom'
Indian teti&e indust!' conc&udes of #a!ious segments &i$e 8 oo&en Teti&e > .otton Teti&es ; -i&$ Teti&es 6 Read'made Ga!ments 5 Lute And .oi! < 2and@.!afted Teti&e i$e .a!ets 9 Man Made Teti&es
Indian teti&e indust!' in a #e!' sho!t san had made a distinct osition g&oba&&', a&&u!ing the g&obe to%a!ds the o!&d of Indian teti&esH This has haened main&' because 2igh a#ai&abi&it' of !a% mate!ia&s
16
: 2igh&' s$i&&ed economica& &abo!, an added ad#antage 8= a!gest !oduce! of cotton 'a!n cont!ibuting >57 to%a!ds %o!&ds cotton 88 A#ai&abi&it' of a&& $inds of fibe!s &i$e si&$, cotton, %oo& and e#en high 3ua&it' s'nthetic fibe!s 8> &eibi&it' of the !ead'made ga!ment indust!' in te!ms of sizes, fab!ic #a!iet', 3uantit', 3ua&it' and cost ItHs not "ust the !esent that is shinning &i$e a b!ight sta!t but a&so the futu!e, as the teti&e eo!t ma!$et of India is eected to !each a high of 45= bi&&ion b' >=8= This %i&& e#entua&&' ma$e a !ofit b' ;==7 In o!de! to attain this ta!get Indian teti&e indust!' has a&!ead' sta!ted im!o#ing thei! design s$i&&s, inc&uding a combination of #a!ious fibe!s Indian teti&e indust!' is a&& set to meet inte!nationa& standa!ds and is &anning to in#est 45 bi&&ion in machine!ies #e!' soon Most of the inte!nationa& b!ands &i$e Ma!$s K -ence!, L. enn', Ga ha#e sta!ted !ocu!ing most of thei! fab!ics f!om India In fact, a&ma!t, %ho had !ocu!ed teti&e %o!th 4 >== mi&&ion &ast 'ea!, intends to !ocu!e 4 ; bi&&ion %o!th of teti&e this 'ea! The go&den hase of the Indian teti&e indust!' has "ust begun %he!e the %o!&d is chasing it f!om a&& noo$s and co!ne!s
MAJOR TEXTILE COMPANIES OF INDIA :-
The ma"o! teti&e comanies of India a!e as fo&&o%s @
•
•
•
A&'()* M(++, @ A!#ind Mi&&s is IndiaHs &a!gest Teti&e Mi&& It
has &a!ge !oduction in denim, shi!ting and $nitted ga!ments It is no% adding #a&ue b' manufactu!ing denim aa!e& ItHs sa&es a!e a!ound 1-4 ;==mi&&ions R#)*’, :- it is a b!and name of Teti&es a&& o#e! the %o!&d It secia&ized in the di#e!sified %oo&en ga!ments It is eanding itHs !oducts th!ough the o!ganized !etai& sto!es and sho%!ooms It a&so &oo$ing to a&so eanding denim caacit' and to become second &a!gest denim &a'e! in India Its !esence in !etai& %i&& be big ositi#e in futu!e Its annua& sa&es a!e a!ound 1-4 ;== mi&&ions
R"+()/" T"01(+",:
17
Re&iance Teti&es is one of the ma"o! Teti&e .oman' that is in business of fu&&' integ!ated manmade fibe! It has caacit' of mo!e than < mi&&ion tones e! 'ea! It has "oint #entu!e a!tne!s &i$e, DuPont, -tone K ebste!, -inco (Ita&') etc
V&*2) S3())()! *a!dhman dea&s in
sinning, %ea#ing and !ocessing segment of the indust!' It is &anning to doub&e its fab!ic !ocessing caacit' to 5= mi&&ion mete!s It is an a!o#ed su&ie! to g&oba& !etai&e!s &i$e GaP, Ta!get and Tomm' 2i&fige! Its sa&es a!e &itt&e o#e! 1-4 8>= mi&&ions
W"+,34) I)*(
C")14& T"01(+", (.omosite mi&&, cotton K Man@made)
M#&&5"" M(++, (u&&' integ!ated .omosite Mi&&)
I)*# R (.otton and Man@made)
GTN T"01(+", (.otton Ya!n and
G())( F(+")1, L1*. (Ya!n and asb!ic)
LNJ B2(+6& G+ (Di#e!sified and #e!tica&&' integ!ated denim !oduce! %ith sinning
(Manufactu!es te!!' to%e&s)
Fnit ab!ics)
and %ea#ing caacit')
M71++ T"01(+", (u&&' integ!ated .omosite Mi&&)
M#*"&) G+ (Di#e!sified, !oduce! of denim, s'nta and th!ead)
A,2( S)1"0 (Man@made ibe!)
KG D")( (ab!ics)
S)!2( P#+",1"&, L1*. (Manmade ibe!)
N#' P"1/2"(/+, (Man@made ibe!)
S. K4& S)78, L1*. (2ome fu!nishing and -uit ab!ics)
B#8 D"()! L1*. (.omosite and fu&&' integ!ated)
R5,12) P"1 ,)12"1(/, (Di#e!sified)
BSL L1*. (Teti&es)
G&6&" P#+",1"& (Di#e!sified)
B),6& S)1"0
(.omosite)
18
N1(#)+ R#) C#&3. (Man@made fibe!)
GSL I)*( L1*. (Th!eads)
I)*() R#) (Man@Made ibe!)
A+#9 T"01(+", (.otton and
S2&* T"01(+" M(++, (Man@made ibe!)
B(&+ G+ D#&"4(+ B(&+ VXL L1*. (u&&' integ!ated %oo&en teti&es)
G#94+*, I!", (Di#e!sified)
H)(+ E& T"01(+", (Ya!n, .otton
O,6+ K)(1 I)*( (oo&en ea!)
N(&1 S A33&"+, (Aa!e&)
F(+")1, I)*( L1*. (Manmade
Man@made ibe! Teti&es)
K Man@made ibe!)
Teti&es)
The indust!' has se#e!a& segments such as hosie!' and !ead'@made ga!ments and is di#ided into the o!ganised and the un@o!ganised secto!, %ith &a'e!s f!om both secto!s often g!oued togethe! in eo!t o!iented c&uste!s -ome of the imo!tant teti&e c&uste!s a!e based in &aces such as Bhi&%a!a, -angane!, Paniat, Pa&&i, Letu!, Lodhu!, -u!at, -ambha&u!, M'so!e and Bhi%andi
THE TOTAL PRODUCTION OF YARN IN INDIA :-
19
The !oduction of 'a!n sho%s a inc!easing tend f!om &ast decade In the 'ea! >==;@=6 the tota& !oduction of 'a!n in India %as >:== mi&&ion $g %hich has been continuous&' inc!easing to ;8==(>==6@=5), ;;==, ;<==, ;== and 6>== mi&&ion $g
EXPORTS :-
20
The Indian teti&e indust!' is estimated to be a!ound 1-4 5> bi&&ion and is &i$e&' to !each 1-4 885 bi&&ion b' >=8> The domestic ma!$et is &i$e&' to inc!ease f!om 1-4 ;6< bi&&ion to 1-4 <= bi&&ion b' >=8> It is eected that India?s sha!e of eo!ts to the %o!&d %ou&d a&so inc!ease f!om the cu!!ent 6 e! cent to a!ound 9 e! cent du!ing this e!iod India?s teti&e eo!ts ha#e shot u f!om 1-4 898 bi&&ion in >===>5 bi&&ion in >==9N=, !egiste!ing a g!o%th of o#e! e! cent
I)*(’, 1"01(+" "03#&1 US ; MILLION< :-
S#" F/1, :-
21
O India is the &a!gest eo!te! of 'a!n in the inte!nationa& ma!$et and has a sha!e of >5 e! cent in %o!&d cotton 'a!n eo!ts O India accounts fo! 8> e! cent of the %o!&d?s !oduction of teti&e fib!es and 'a!n O In te!ms of sind&eage, the Indian teti&e indust!' is !an$ed second, afte! .hina, and accounts fo! >; e! cent of the %o!&d?s sind&e caacit' O The count!' has the highest &oom caacit', inc&uding hand&ooms, %ith a sha!e of <8 e! cent in %o!&d &oomage O India is the &a!gest !oduce! of "ute in the %o!&d O It is the second &a!gest !oduce! of si&$ and the on&' count!' to !oduce a&& fou! #a!ieties of si&$ Nmu&be!!', tusa!, e!i and muga O India is the fifth &a!gest !oduce! of s'nthetic fib!es'a!n Indian teti&es, hand&ooms and handic!afts a!e eo!ted to mo!e than a 8== count!ies, Eu!oe continues to be India?s ma"o! eo!t ma!$et %ith >> e! cent sha!e in teti&es and 6; e! cent in aa!e&, the 1- is the sing&e &a!gest bu'e! of Indian teti&es and aa!e& %ith 8: e! cent and ;>< e! cent sha!e, !esecti#e&' 0the! significant count!ies in the eo!t &ist inc&ude the 1AE, -audi A!abia, .anada, Bang&adesh, .hina, Tu!$e' and Laan Read'made ga!ments (RMG) a!e the &a!gest eo!t segment, accounting fo! a&most 65 e! cent of tota& teti&e eo!ts and > e! cent of India?s tota& eo!ts This segment has benefitted significant&' %ith the te!mination of the Mu&ti@ib!e A!!angement (MA) in Lanua!' >==5 RMG eo!ts f!om India %e!e %o!th 1-4 58 bi&&ion in Y >== The' a!e eected to touch 1-4 865 bi&&ion b' >==:N8= %ith a cumu&ati#e annua& g!o%th of 8 to >= e! cent, acco!ding to the Aa!e& Eo!t P!omotion .ounci& Anothe! segment in %hich India has ece&&ed in the eo!t ma!$et is ca!ets Eo!ts of ca!ets ha#e inc!eased f!om 1-4 <56;> mi&&ion in >==6N=5 to 1-4 =<98 mi&&ion in >==9N= -ignificant&', aa!e& is the second &a!gest !etai& catego!' in India It accounts fo! about 8= e! cent of the 1-4 ;9 bi&&ion Indian !etai& ma!$et, and %ith the continuing boom in consume! demand is estimated to g!o% at the !ate of 8>N85 e! cent annua&&' In fact, !ef&ecting the huge oo!tunit' in this segment, AT Fea!ne'?s ?Retai& Aa!e& Inde? !an$s India as the thi!d most att!acti#e ma!$et destinations fo! aa!e& !etai&e!s
MAJOR TEXTILE EXPOT PROMOTION COUNCILS OF INDIA @
22
The ma"o! eo!t !omotion counci&s of India a!e gi#en as fo&&o%s @ A) B) .) D)
Aa!e& Eo!t P!omotion .ounci& .otton Teti&e Eo!t P!omotion .ounci& 2and&oom Eo!t P!omotion .ounci& Indian -i&$ Eo!t P!omotion .ounci&
A33&"+ E03#&1 P#1(#) C#4)/(+ @ APE. is a noda& agenc' sonso!ed b' the minist!' of
Teti&e, Go#t of India It e!fo!ms the fo&&o%ing functions @ •
•
• • •
Monito!s ga!ment eo!ts 3uotas and !omotions of eo!ts of !ead'made ga!ments of India .ontinuous&' in#oes in the tas$ of !omoting eo!ts b' o!ganizing bu'e!@se&&e! meets, eads t!ade de&egations to otentia& ma!$ets g&oba&&' Pa!ticiates in secia&ized inte!nationa& fai!s 0!ganized the Indian Inte!nationa& Ga!ment ai! biannua&&'
.otton Teti&e Eo!t P!omotion counci& is an autonomous, non@!ofit eo!t !omotion bod' ItHs acti#ities inc&udes @ C#11#) T"01(+" E03#&1 P#1(#) C#4)/(+:-
• •
Acting as an inte!nationa& face of Indian Teti&e Eo!ts .o&&ection and dissemination of info!mation
is a statuto!' bod' ItHs function is to !omote the eo!ts of a&& hand&oom !oducts &i$e fab!ics, home fu!nishings, ca!ets and f&oo! co#e!ing etc H)*+## E03#&1 P#1(#) C#4)/(+ :-I1
is the noda& agenc' fo! !omotion of si&$ eo!ts f!om India .onsist of mo!e than 8>== si&$ eo!te!s as membe!s I)*() S(+9 E03#&1 P#1(#) C#4)/(+ :- I1
INDIAN TEXTILE POLICY =>>>.
23
H(!2+(!21, #7 12" N1(#)+ T"01(+" P#+(/ =>>>
The Go#e!nment of India !ecent&' announced the ne% +ationa& Teti&e Po&ic' (+TP) >===, %ith the ob"ecti#e of faci&itating the indust!' to attain and sustain a !e@eminent g&oba& standing in the manufactu!e and eo!t of c&othing In fu!the!ance of these ob"ecti#es, the st!ategic th!ust is to be &aced on techno&ogica& ug!adation, enhancement of !oducti#it' and 3ua&it', !oduct di#e!sification, and st!engthening the !a% mate!ia& base in the count!' Th!ough +TP >===, the Go#e!nment %ou&d endea#o! to achie#e the ta!get of teti&e and aa!e& eo!ts f!om the !esent &e#e& of 1- 488 bi&&ion to 1- 45= bi&&ion b' >=8= 0f this, the sha!e of ga!ments %ou&d be 1- 4>5 bi&&ionQ The o&ic' !o#ides fo! setting u a #entu!e caita& fund fo! taing $no%&edge@based ent!e!eneu!s and assisting the !i#ate secto! to set u secia&ized financia& a!!angements to fund the di#e!se needs of the teti&e indust!' The ne% o&ic' %ou&d a&so encou!age the !i#ate secto! to set u %o!&d c&ass, en#i!onment@f!iend&', integ!ated teti&e com&ees and teti&e !ocessing units in diffe!ent a!ts of the count!' and %ou&d !e#ie% and !e#ita&ise the %o!$ing of the TRAs (Teti&eResea!ch Associations) to focus !esea!ch on indust!' needs S"/1#&+ I)(1(1('",
ithin the f!ame%o!$ of the ne% Po&ic', the fo&&o%ing secto! secific initiati#es %i&& be ta$en RAW MATERIALS
The th!ust %i&& be on im!o#ing the a#ai&abi&it', !oducti#it' and 3ua&it' of !a% mate!ia&s at !easonab&e !ices fo! the indust!' Though cotton is eected to continue to be the dominant fibe!, secia& attention %i&& be gi#en to b!ing the ba&ance bet%een cotton and non@cotton fibe!s c&ose! to inte!nationa& &e#e&s Cotton
The !ima!' aim of the o&ic' fo! this segment %i&& be to im!o#e !oduction, !oducti#it' and 3ua&it', and stabi&ize !ices The Techno&og' Mission on .otton %i&& be the inst!ument fo! achie#ing these a!amete!s Minist!' of Teti&es, Minist!' of Ag!icu&tu!e, .otton g!o%ing -tates, fa!me!s and indust!' associations %i&& be acti#e&' in#oed in the im&ementation of this Mission
Silk
ocus %i&& be on achie#ing inte!nationa& standa!ds in a&& #a!ieties of si&$ -tes %i&& inc&ude
24
O Im!o#ing Resea!ch K De#e&oment and effecti#e t!ansfe! of techno&og' at a&& stages O Inc!easing the !oduction of non@mu&be!!' #a!ieties of si&$ O Encou!aging c&uste!ing of acti#ities of !ee&ing and %ea#ing and st!engthening &in$ages bet%een !oduce!s and indust!' O Re#ie%ing the imo!t o&ic' e!iodica&&' fo! !a% si&$, ta$ing into account the ba&anced inte!ests of the se!icu&tu!ists as %e&& as the eo!t manufactu!e!sQ Wool
In o!de! to augment a#ai&abi&it' of 3ua&it' %oo&, the fo&&o%ing measu!es %i&& be initiated O Ta$e u co&&abo!ati#e !esea!ch !o"ects %ith the &eading %oo& !oducing count!ies of the %o!&d O Encou!age !i#ate b!eeding fa!ms to inc!ease !oducti#it' O P!omote !i#ate secto! &in$ages fo! ma!$eting of %oo& O Ta$e u an integ!ated de#e&oment !og!am fo! ango!a %oo& Jute
A Techno&og' Mission on Lute %i&& be &aunched to achie#e the fo&&o%ing ob"ecti#es O De#e&o high 'ie&ding seeds to im!o#e !oducti#it' and accetabi&it' in ma!$ets O Im!o#e !etting !actices to get bette! 3ua&it' fibe! O T!ansfe! cost effecti#e techno&ogies to the fa!me!s and c!eate st!ong ma!$et &in$ages C+#12()!
The !o&e of this secto! is oised fo! !adica& change in #ie% of the t!ansfo!mation in the inte!nationa& t!ading en#i!onment b!ought about b' the !u&es and !egu&ations of the T0 The indust!' %i&& be !est!uctu!ed as fo&&o%s O Ga!ment indust!' %i&& be ta$en out of the --I !ese!#ation &ist O Loint #entu!es and st!ategic a&&iances %ith &eading %o!&d manufactu!e!s %i&& be !omoted O -chemes %ith necessa!' inf!ast!uctu!a& faci&ities fo! the estab&ishment of teti&eaa!e& a!$s %i&& be designed %ith the acti#e in#oement of state go#e!nments, financia& institutions and the !i#ate secto!
25
J41" I)*4,1&
In the "ute secto!, attemts %ou&d be made to !e#i#e the "ute econom' th!ough suo!ti#e measu!es co#e!ing !esea!ch and de#e&oment, techno&og' ug!adation, c!eation of inf!ast!uctu!e fo! sto!age and ma!$eting of !a% "ute, and !oduct and ma!$et de#e&oment acti#ities fo! "ute and di#e!sified "ute !oducts S3())()! S"/1#&
The +TP see$s to continue effo!ts to mode!nize and ug!ade techno&og' to inte!nationa& &e#e&s, and !ooses to ta$e the fo&&o%ing stes, in cotton sinning as %e&& as in the %o!sted %oo&en secto!s O Encou!age the sinning secto! to continue to mode!nize O ibe!a&ize and encou!age eo!t of cotton 'a!n O&!)(?"* M(++ I)*4,1&
Effo!ts %i&& be made to !esto!e the o!ganized mi&& indust!' to its osition of !e@eminence to meet inte!nationa& demand fo! high #a&ue and &a!ge #o&ume !oducts o! this u!ose, the fo&&o%ing measu!es %i&& be initiated O Integ!ation of !oduction effo!ts on techno&og' d!i#en &ines O Encou!agement fo! setting u &a!ge integ!ated teti&e com&ees O -t!ategic a&&iances %ith inte!nationa& teti&e ma"o!s, %ith focus on ne% !oducts and !etai&ing st!ategies O .!eation of a%a!eness and suo!ti#e measu!es fo! a&ication of IT fo! ug!adation of techno&og', enhancement of efficienc', !oducti#it' and 3ua&it', bette! %o!$ing en#i!onment and 2RD The ea!&ie! o&ic' of not nationa&izing sic$ units %i&& be continued As !ega!ds the un#iab&e Pub&ic -ecto! 1nde!ta$ings (P-1s), #a!ious otions fo! st!ategic a!tne!shis o! !i#atization %i&& be e&o!ed +on@#iab&e mi&&s %i&& be c&osed do%n %ith !o#ision fo! an ade3uate safet'@net fo! %o!$e!s and em&o'ees P#6"&+## I)*4,1&
The o%e!&oom secto! occuies a i#ota& osition in the Indian teti&e indust!' 2o%e#e!, its g!o%th has been stunted b' techno&ogica& obso&escence, f!agmented st!uctu!e, &o% !oducti#it'
26
and &o%@end 3ua&it' !oducts The focus %i&& the!efo!e be on mode!nization of o%e!&oom se!#ice .ent!es and testing faci&ities, and c&uste!ing of faci&ities to achie#e otimum &e#e&s of !oduction H)*+## I)*4,1&
The hand&oom secto! is $no%n fo! its he!itage and the t!adition of ece&&ent c!aftsmanshi It !o#ides &i#e&ihood to IndiaHs mi&&ions of %ea#e!s and c!afts@e!sons The indust!' has not on&' su!#i#ed but a&so g!o%n o#e! the decades due to its inhe!ent st!engths &i$e f&eibi&it' of !oduction in sma&& 3uantities, oenness to inno#ation, &o% &e#e& of caita& in#estment and immense ossibi&ities fo! fab!ic design The Go#e!nment %i&& continue to acco!d !io!it' to this secto! -tes %ou&d be ta$en to !omote and de#e&o its ec&usi#eness fo! the g&oba& ma!$et Measu!es %i&&inc&ude the fo&&o%ing O T!aining modu&es fo! %ea#e!s engaged in the !oduction of &o% #a&ue added items %ith theob"ecti#e of ug!ading thei! s$i&&s to enab&e them to find a&te!nate em&o'ment in the teti&e o! othe! a&&ied secto! O .om!ehensi#e %e&fa!e measu!es in c&ose cooe!ation %ith the -tate Go#e!nments, fo! bette! %o!$ing en#i!onment and socia& secu!it' of %ea#e!s O Effecti#e suo!t s'stems in RKD, design inuts, s$i&& ug!adation O Re#ie% of the 2an$ Ya!n 0b&igation 0!de! and the Rese!#ation 0!de!s issued unde! the 2and&oom (Rese!#ation of A!tic&es fo! P!oduction) Act 8:5, $eeing in mind the needs ofhand&oom %ea#e!s Me!chandising and ma!$eting %i&& be cent!a& to the success of the hand&oom secto!,Qthe !esentac$age of schemes fo! !oduction of #a&ue added fab!ics %i&& be st!eam&ined, inno#ati#e ma!$eto!iented schemes %i&& be int!oduced, and "oint #entu!es %i&& be encou!aged both at the domestic and inte!nationa& &e#e&s B!and e3uit' of hand&ooms %i&& a&so be comme!cia&&' e&oited to the etent ossib&e K)(11()!
2osie!' $nitting, the g!o%th of %hich has acce&e!ated du!ing the &ast decade !ima!i&' because of eansion of hosie!' into g&oba& fashion $nit%ea!, is eected to eand into the aa!e& and home fu!nishing secto!s In this segment, the fo&&o%ing measu!es %i&& be ta$en O Re#ie% of the Po&ic' of --I Rese!#ation fo! this secto! O Encou!aging techno&og' ug!adation and eansion of caacit' O Int!oduction of suo!t s'stems fo! comme!cia& inte&&igence, design and fashion inuts C&3"1,
27
hi&e machine@made ca!et manufactu!ing in the mi&& secto! %i&& be guided b' the o&ic' f!ame%o!$ fo! the o!ganized indust!', the o&ic' fo! the hand $notted ca!et secto! %i&& focus on sustained g!o%th of eo!ts and %e&fa!e of %ea#e!s and thei! chi&d!en Encou!agement %i&& be gi#en to the manufactu!e of !oducts that confo!m to and bea! the FAEE+H ma!$ of standa!ds, %ith insistence on com&iance %ith the !o#isions of the .hi&d abo! (P!ohibition and Regu&ation) Act, 8:< Go#e!nment inte!#ention %i&& be in techno&og' ug!adation, inc&uding indigenization of machines, de#e&oment of testing faci&ities, and use of natu!a& d'es Adatation of t!aditiona& motifs and !omotion of b!and image %ou&d a&so constitute th!ust a!eas
SWOT ANALYSIS OF INDIAN TEXTILE INDUSTRY :@
28
Indian Teti&e Indust!' has done a !ema!$ab&e achie#ement in te!ms of g!o%th and ea!ning fo!eign echange The -0T ana&'sis of the indust!' is gi#en as fo&&o%s @ STRENGTH :• • • • •
•
• •
A &a!ge o!ganized secto! A big !oduction of 'a!n and si&$
Go#t initiati#es A hea&th' fo!eign ma!$et sha!e of >57 The!e a!e %e&&@estab&ished !oduction bases fo! made@us eo!t as %e&& as fo! domestic ma!$et The!e a!e ade3uate !ocessing faci&it' fo! 'a!n d'eing and !oduction of 'a!n d'ed ab!ics A#ai&abi&it' of %e&& enginee!ing indust!ies The!e a!e a &a!ge numbe! of o%e!&oom o%ne!s and &ooms that a!e eanding in size o#e! the !ecent e!iod
WEAKNESS :• • • •
•
•
Poo! su&' chain management
1na#ai&abi&it' of s$i&&ed &abou!s Poo! T!anso!t faci&it' The most se!ious !ob&em of the indust!' is the &ac$ of ade3uate !ocessing faci&itiesJ the!e is o#e!@deendence on hand !ocesso!s and t!aditiona& items The ma"o!it' of the -MEs a!e tin' and cottage t'e units %ithout sufficient caita& bac$@u The 3ua&it' of %ide!@%idth fab!ics fo! meeting the eo!t demand is &ac$ing in man' !esects, %hich is acting as a disad#antage to the g!o%th of the indust!'
OPPORTUNITIES :• • • •
A #ast !u!a& ma!$et in the count!' and
Eu!oean ma!$et 1coming common%ea&th games in the count!' G!e' fab!ic eo!t is continuing to g!o% and %i&& sho% inc!easing t!ends +ea!&' 6= teti&es a!$s a!e being set u th!oughout the count!' unde! the -cheme fo! Integ!ated Teti&e Pa!$s (-ITP), %hich is stated to att!act an in#estment of Rs >85=> c!o!e (1-4 66> mi&&ion) and c!eate em&o'ment, both di!ect and indi!ect fo! := &a$h %o!$e!s and !oduce goods %o!th Rs ;885 c!o!e (1-4 9> mi&&ion) annua&&'
29
THREATS :• •
•
Abo&ition of 3uota s'stem %i&& &ead to f&uctuations in the eo!t demand Inc!easing cometition f!om othe! statescent!es (&i$e -u!at) %i&& be a ma"o! !ob&em %he!e the indust!ies ha#e come u af!esh and a!e %e&& de#e&oed and techno&ogica&&' mo!e ad#anced Ent!' of g&oba& cometito!s
30
CHAPTER--5 DATA ANALYSIS
DATA ANALYSIS :-
31
Data of the du!ation of u!chasing habits of eo&es @ Tab&e 8@ Du!ation of Pu!chase
I)1"&3&"11(#) @-
The abo#e data sho%s the u!chasing du!ations of the custome! fo! !ead'made ga!ments Acco!ding to that data, mo!e than ;57(;: 7) eo&es goes once a month fo! u!chasing !ead'made ga!ments >87 eo&es goes occasiona&&' &i$e@ du!ing festi#e season, du!ing going fo! imo!tant a!ties, du!ing going to tou! etc 897 eo&e goes at an inte!#a& of e#e!' t%o months ga, 857 goes t%ice a month and at &ast 7 eo&es u!chases once a 'ea!
Tab&e >@ Bu'ing 2abits of eo&es@
32
I)1"&3&"11(#) :-
Da' e! da' the bu'ing habitsH of custome!s a!e changing At the !esent time, mo!e than 6=7 eo&e a!e &oo$ing fo! a fashionab&e #e!it' of !oducts, ;57 &oo$ing fo! a good b!and the' a!e the %o!$ing c&ass and highe! c&ass eo&es, 87 custome!s goes fo! #e!it' of co&o!sH, e@ diffe!ent co&o! #e!it' of fo!ma& shi!ts fo! offices o! occasions, at &ast <7 custome!s &oo$ing fo! cheae! !oducts
Tab&e ; @Bu'ing Destinations of custome!s @
33
I)1"&3&"11(#) :-
The !esent custome!s ha#e change thei! fa#o!ab&e &ace fo! bu'ing !oducts f!om t!aditiona& !etai&s to mode!n ma&&s A!o 5= 7 custome!s goes &oca& sto!es fo! u!chasing of !ead'made ga!ments ;=7 goes to o!ganized !etai& sto!es &i$e, Big Bazaa!, *isha& Mega Ma!t, T+G, .otton .ount' etc 8=7 custome!s a!e &oo$ing foe the autho!ized sho%!ooms of the coman' and 8>7 custome!s a!e &oo$ing fo! ma&&s
Tab&e 6@ Pu!chasing imit of .ustome!s @
34
I)1"&3&"11(#):-
At the !esent time, the a#e!age custome! %ish to a' Rs 85== to ;=== fo! a !ead'made ga!ment >7 custome!s a!e those %hose u!chasing &imit is bet%een 8===to 85== the 8:7 eo&es ha#e a u!chasing &imit of be&o% 8=== the' a!e the eo&e of semi u!ban a!eas
Tab&e 5 @ Pu!ose of u!chasing of !ead'made ga!ments
35
I)1"&3&"11(#) :-
Basica&&', the main u!ose of u!chasing of !ead'made ga!ments a!e fo! occasions o! gene!a& u!ose but f!om the &ast decade, it is found that mo!e than ;57 custome!s a!e u!chasing ga!ments fo! office use, it is on&' due to the co!o!ate d!ess code ;=7 ga!ments a!e se&& fo! gene!a& u!ose, >=7 fo! dai&' use, and 857 fo! a!t' %ea!
Tab&e <@Refe!ences fo! u!chase@
36
I)1"&3&"11(#) :• • • •
687 custome!s inf&uenced b' thei! f!iends and othe! !e&ati#es ;57 custome!s inf&uenced b' ad#e!tisements >=7 custome!s inf&uenced b' othe! sou!ce of !efe!ence 67 custome!s inf&uenced b' thei! fami&' membe!s
Tab&e 9@.omanies %ith most festi#a& offe!s
37
I)1"&3&"11(#) :-
At the mode!n time the main !omotion st!ateg' of maimum comanies a!e offe!ing att!acti#e schemes and f!ee offe!s &i$e bu' one get t%o f!ee, etc in this fie&d A!#ind Mi&&s &eads %ith ;>7 of ma!$et sha!e, Re&iance teti&es fo&&o% %ith 87, Ra'mondHs %ith 857 and Bi!&a G!ous occuies 887 ma!$et sha!e in offe!ing att!acti#e schemes The othe! M+.s and some &oca& comanies maintain a hea&th' sha!e of >=7 in issuing att!acti#e schemes
Tab&e @ Ma!$et -ha!e of Ma"o! Teti&e .omanies
38
I)1"&3&"11(#) :-
A!#ind mi&&s &eads the ma!$et %ith a caita&ization of ;:7, it fo&&o%ed b' Re&iance Teti&es %ith >=7, Ra'monds occuied thi!d &ace %ith a ma!$et sha!e of 87 of sha!es Bi!&a G!ous has a&so occuies a hea&th' ma!$et sha!e of 8<7 %ith the ent!' of some inte!nationa& b!ands &i$e *an 2usain 0the! &a'e!s &i$e Bomba' D'eing, Mafat&a& -hutting etc occuied the !est of 97 of ma!$et
Tab&e :@
DATA ANALYSIS OF RATE PROVIDED BY THE PEOPLE ON THE BASIS OF FOLLOWING FACTORS
39
e ha#e as$ed the eo&e to gi#e !ates to the !oduct on the basis of fo&&o%ing facto!s @
PRI.E
1AITY
00F-
0n the basis of thei! choices %e ha#e got the fo&&o%ing data
B& C2&1 7#& )+,(,
C#)/+4,(#) : In this ana&'sis, %e found that ma"o!it' of eo&e %ant 3ua&it' !oduct as the
eo&e has gi#en highest !ating to 3ua&it' %he!e as &oo$s and !ice a!e some ho% !ated e3ua&&' b' the eo&e
40
CHAPTER—6 FINDINGS SUGGESTIONS AND CONCLUSION
41
KEY FINDINGS :-
Afte! going th!ough the %ho&e stud' I found the fo&&o%ing $e' findings @ 8 > ; 6 5 <
The Indian Teti&e -ecto! is an eme!ging secto! of India The o!ganized teti&e secto! is mo!e de#e&o than the uno!ganized secto! The g!o%th !ate of this secto! is inc!easing much highe! %ith a hea&th' !ate of >=7 It contains a ma"o! a!t in indust!ia& !oduction and eo!t of count!' The inc!easing income &e#e& of eo&e suo!ts the g!o%th of the indust!' o% &e#e& of techno&og' and oo! su&' chain management a!e ma"o! !esistance in the de#e&oment of the indust!' -o the ma"o! comanies and the go#t has to do a ha!d %o!$ on it
9 The!e is a high a#ai&abi&it' of !a% mate!ia&s 2igh&' s$i&&ed economica& &abo!, an added ad#antage : a!gest !oduce! of cotton 'a!n cont!ibuting >57 to%a!ds %o!&ds cotton 8= A#ai&abi&it' of a&& $inds of fibe!s &i$e si&$, cotton, %oo& and e#en high 3ua&it' s'nthetic fibe!s 88 &eibi&it' of the !ead'made ga!ment indust!' in te!ms of sizes, fab!ic #a!iet', 3uantit', 3ua&it' and cost
SUGGESTIONS :Afte! the basis of abo#e facts and findings I comes to the fo&&o%ing suggestions @ 8 > ; 6 5 < 9
The!e is a need to im!o#e ou! su&' chain o! &ogistic management The!e is a need to some mo!e &ibe!a&ization of eo!t ta!iffs +eed of imo!t and im&ement of high 3ua&it' techno&og' Go#t has to !o#ide some mo!e financia& assistance to the domestic teti&e comanies The a&& !omotion counci&s has to !o#ide technica& and management assistance to the domestic indust!ies +eed to im!o#e the 3ua&it' of !a% mate!ia&s &i$e cotton, 'a!n, s'nthetic etc P!oe! im&ementation of e&e#enth fi#e 'ea! &an Bui&d u %o!&d c&ass stateofthea!t manufactu!ing caacities to attain and sustain !edominant g&oba& standing in manufactu!e and eo!t of teti&es and c&othing
CONCLUSION :-
42
As %e ana&'zed the #a!ious data based on 3uestionnai!e, a fact has came into &ight that A!#ind Mi&&s is the most $no%n and ou&a! B!and in contet of ma"o! Teti&e gaint fo&&o%ed b' Re&iance and Bi!&a G!ou Because of a&'ing inno#ati#e ideas such as !o#iding #a!ious faci&ities, &aunching ne% schemes K offe!s A!#ind Mi&&Hs ga!ments a!e mo!e used b' eo&e as coma!ed to othe! one
Ecet it, eo&e fi!st&' !efe! fo! good 3ua&it' and coma!ati#e&' &o% !ices Teti&e ga!ments then the' emhasized on 3ua&ities and du!abi&it'
!I!ILOGRAPHY
43
-ome boo$s he&ed us to ha#e an idea about !esea!ch methodo&og' and !ea!ing 3uestionnai!e These !efe!ence boo$s a!e
RESEARCH
METHODLOGY - NARESH K MALHOTRA
RESEARCH
METHODLOGY - C R KOTHARI
WEBSITE
ADDRESS: !"#"$%&"'!()* !*)+%,()+.)/!()* !))/%!()* !%$("+&"'!()* !"+&"'+('.$%!()* !'%$("+&"'!()*!
MAGAINE
T"#$%&" '(&%)* 2+++
ANNEXURES
44
1E-TI0++AIRE@
+ame@ Age@ Add!ess @ 0ccuation@ .ont!act +o@
8 hat is 'ou! tota& month&' income Ans A) be&o% 5===m SSSSSSS .) 8==== to >==== mSSSSSSS
B)5=== to 8====SSSSSSS D) Abo#e >5=== mSSSSSSS
> 2o% man' times 'ou go to sto!e fo! u!chase !ead'made ga!ments Ans A) 0nce a monthSSSSSS .) E#e!' t%o months gaSSSSSS
B) T%ice a monthSSSSSSS .) 0nce a 'ea! SSSSSSS
D) 0ccasiona&&' SSSSSSS
; hich $ind of ga!ments 'ou &i$e to !efe! Ans A) B!andedSSSSSS .) .o&o! *a!it' SSSSSS
B) .heae! SSSSSSS .) ashionab&e SSSSSS
6 he!e 'ou goes fo! shoing of ga!ments Ans A) Ma&&s SSSSSSS .) .oman' -ho%!oomsSSSSSSS
B) Retai& sto!es SSSSSS .) oca& sto!es SSSSSS
45
5 hat is 'ou! minimum u!chasing &imit of a !ead'made ga!ment Ans A) be&o% Rs 8=== SSSSS .) Rs 85== to Rs ;===SSSSS
B) Bet%een 8=== to 85==SSSSSS D) Abo#e ;=== SSSSSSS
< hat is the u!ose of 'ou! u!chasing of ga!ments Ans A) o! Pa!t' %ea!SSSSSS .) o! dai&' use SSSSSS
B) o! office u!oseSSSSSS D) Gene!a& o!ose
9 hich facto! most&' affects 'ou! decision %hi&e u!chasing an' !ead'made ga!ments Ans A) RIE+D- SSSSSS .) PARE+T- SSSSSS
B) AD*ERTI-EME+T SSSSSSS D) 0T2ER- SSSSSS
hich coman' !o#ides 'ou most festi#a& offe!s Ans A) A!#ind Mi&&sSSSSSS .) Ra'mondsSSSSSS
B) Re&iance SSSSSS .) Pae LeansSSSSSSS
:hich b!and 'ou !efe! much mo!e Ans A) A!#ind mi&&sSSSSSS .) Ra'mondsSSSSSSS E) 0the!sSSSSSS
8= -uggestion@
B) Re&iance Teti&es SSSSSSS D) Bi!&a G!ou SSSSSS