CHAPTER I
INTRODUCTION AND DESIGN OF THE STUDY
1.1 INTRODUCTION
The Textile industry in India is one of the largest segments of the Indian economy, accounting for over one fifth of the country's industrial production. It provides employment to about 15 million people. The Home Furnishings industry in India falls under the purview of the textile, which has witnessed unprecedented growth over the last few years. With the increased exposure to the international scene in the recent past, the Indian market, and the Indian consumer has evolved into a design and trend conscious citizen.
The urban home furnishings retail market is estimated to be Rs. 9,300 crore and is expected to reach Rs 20,000 crore by the year 2012. The bed and bath
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The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world. India textile industry is also the largest in the country in terms of employment generation. It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors. Indian textile industry currently generates employment to more than 35 million people. It is also estimated that, the industry will generate 12 million new jobs by the year
2010.
This study is to evaluate the home textile export performance in Karur and to analyse the strength, weakness, opportunities and threats related to their export. The present study was aimed to find conclusion for the issues and suggest measures for the same
1.5 RESEARCH METHODOLOGY The present study utilized both primary and secondary data. . The data from the respondents were collected through interview schedule method originally as the study was based on primary data the questionnaire used for the schedule was in English. Closed – ended question form and multiple choice questions was used in the schedule. The opinion and suggestion of the respondents on the topic under discussion also elicited.
The secondary data was extracted from document sources various publication of the central , state or
Textile Design covers ways and methods for improving the face value of the product, where surface ornamentation is an integral part of various textiles-traditional as well as contemporary.
The Indian textiles chart showed how India used machines to produce greater yarn and cloth amounts in 1914 as compared to the production in 1884. As well it demonstrated how the amount of people using machine made textiles had greatly increased opposed to hand made textiles (Doc 1). In 1916 Radhakamal Mukerjee, an Indian economist, explains how that handwoven textiles cannot keep up with the machine made textiles, and therefore is on a decline (Doc 6). This identifies how India is moving towards
The background and significance of this study are properly presented in the introduction. The research question is presented at the end of the
For the event of a strategic workforce designing, there are some factors that require attention to be thought of. These factors embody correct business metrics, workforce strategy, structure operations and conjointly the relevant of federal laws and rules. Considering the situation of Weave Tech the business measurements incorporate deals, benefit, generation insights, and livelihood maintenance. Concerning the sales, inside subsequent 3 years, it continuously must be inflated. As an example, the corporation must incorporate absolutely the newest arrived shirts and clothing’s and conjointly the weather sensitive clothing’s that are attaining demand within the existing market. The technological team of Weave Tech should come up with such styles
And the more important thing is that the towel exports topped the list of textile manufactures by registering 23.5 percent growth in value During FY10, despite the imposition of countervailing duties by the US Commerce Department. A 6.2 percent decline in per-unit prices was more than offset by a marked improvement in the Export volume (US$ 62.0 million), resulting in a net gain of US$ 46.1 million in export earnings.
* We are doing this report so that we can analysis the readymade garment (RMG) sector of Bangladesh and find out the problems and remedies of this sector.
The home furniture and décor market, considered to include household goods, art, bedding, tables, chairs and bed frames, accounts for 50% of all home décor and furniture output. Ove the next few years the industry is expected to have a steady increase.
Manufacturers source the best fabrics available at low cost to make into garments. U.S. textile and apparel imports increased from $10 billion in 1982 to $96 billion in 2006. This corresponds to the enormous growth of the textile industries of China, Korea, Taiwan, and India. One reason for this is that U.S. manufacturers contracting production overseas tend to use fabrics from
The study is based on primary as well as secondary data. The primary data is collected through one to one survey method using structured Questionnaire.
This Industry provides huge employment opportunities to artisans that include women and people belonging to backward and weaker society. This is one of the major source of income there.
From 2005 the liberalization textiles and clothing industry, the exports of this industry increased from 480 $ billion to 709 $ billion until 2012. (WTO.2005, 2013) The textiles and clothing industry accounts for a 4 per cent share in global merchandise exports. (The ILO, 2014) Garment industry has particularly characteristics, which selectivity and pertinence at production and market. (Adhikari, R. &Yamamoto, Y. 2007) Garment industry provides a lower investment cost and low skill labor in developed and developing countries. This industry has low barrier entry, so that clothing industry suitable for developing countries. But free trade and low barrier make it possible to adapt to rapidly changing market conditions. Therefore, the clothing industry characterize is high intensity of competition. This industry is the most protected in the global economy of all manufacturing industries, in both developed and developing countries. (Nordås, H. 2004)
The methodology of the research is qualitative hence secondary resources such books, reference materials, on line articles on BI, IT journals on PDF served as the basis of discussion. Five people were also interviewed to solicit their personal views
As of now, the organized part accounts for around 6.5% of the Indian retail market. Though, it is expected to maintain a faster growth rate in the coming years with an estimation of touching 13% by the end of 2013. Over the last few years Indian retail has witnessed rapid transformation in many areas of the business by setting scalable and profitable retail models across categories. Indian consumers are rapidly evolving and accepting modern retail formats. New and indigenized formats such as departmental stores, hypermarkets, supermarkets, specialty and convenience stores, and malls, multiplexes and fun zones are fast dotting the retail landscape.
RMG contributes 76% of total exports in Bangladesh. Major products of apparels include knit and woven shirts, trousers, skirts, shorts, jackets, sweaters, sports wears and many more casual and fashion items. The RMG industry of Bangladesh has expanded dramatically over the last three decades. Traditionally, the jute industry dominated the industrial sector of the country until the 1970s. Since the early 1980s, the RMG industry has emerged as an important player in the economy of the country and has gradually replaced the jute industry. The “export-quota system”1 in trading garment products played a significant role in the success of the industry. However, that quota system came to an end in 2004. Therefore, the competitiveness issue needs to be addressed, with special attention given to the long-term sustainability of the industry.
In the Textile industry there are about 11228 textile mills which has a strong spinning capacity of 29 millions spindles which accounts to be very high. Yarn is usually produced in the mills, whereas fabrics are usually produced in both handloom and powerloom. When we talk about the textile industry in India, cotton has always been dominant in this market where around 65 percent of raw materials is consumed to make cotton. The yearly output of cotton production is very high which comes downs to around 12.8 billion meters. The Textile Industry has highly proving employment to millions, which includes the growers of jute and cotton, weavers which includes weavers who are involved in both organizing and household sectors which are