TEXTILE INDUSTRY IN INDIA
TEXTILE INDUSTRY IN INDIA– Complete Information
Textile Industry In India in one sight- if I ask you to name the biggest corporate houses in India, you will usually take the names of Tata, Birla, and Ambani. But if I ask you what the common thing among these three is, you might be thinking!
I’ll tell you-
Common among these three is their origin… their beginning. All three have started with the business of textiles.
Tata Birla Ambani started with textile
In the 1850s, Seth Shiv Narayan Birla started cotton trading.
In the 1870s, Jamshed Ji Tata bought a closed oil mill at Chinchapokali in Mumbai and converted it into a cotton mill.
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In 1966, Dhirubhai Ambani established Reliance Commercial Corporation as a polyester film. Later whose name was changed to Reliance Industries, which company is today above ten lakh crore.
That is, all these three emerged from the textile industry and today they are counted among the biggest business houses of the world not only in India.
This textile industry in India is special
Friends, this textile industry, which has taken thousands of people to stand up from the floor to the sky, is something special… and today I will talk to you about this.
What is Textile Industry in India?
Friends, the word ‘textile’ is derived from the Latin word ‘texture which means to weave.
So, basically textile means knitted fabric.
Now think of it like this………..
How did the cloth, you are wearing now reach you… suppose you are wearing a red t-shirt made of 100% pure cotton….So how did it reach you?
Those who do not know may be surprised to know that it started –
When the farmer sowed cotton seeds or cotton plants in his field. Then seed was made into a plant… the flowers came out in the plant…. These flowers were collected by machine or by hand… They were transported to the factory by transport…. They were processed by many machines… Cotton balls or cotton piles were made….which were cleaned, and Yarn was made with the help of many other machines i.e. yarn.
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Then the hanks of these threads or yarn were dyed with red color.
These yarns were sent to beam making machine, the beam was placed on the back of the weaving machine. One by one yarn were fitted on the machine then weaved to prepared the required cloth. These clothes were sent to market and from the market then garments manufacturers purchased to his industry.
In the garment manufacturing industry, it passes through different processes for manufacturing the needed T-shirt.
By cutting and designing this fabric as per the instructions of the fashion designer, Tailor-made your red-colored 100% pure cotton T-shirt. These T-shirts are transported to reach various markets.
Then you went to such a market and bought that T-shirt from a shop or maybe on an online portal.
Now all the things that came in this journey from sowing that seed to getting this T-shirt are all a part of the textile industry. Apart from this, a large part is made of man-made fibers or synthetic fibers, such as nylon, rayon, polyester, etc.
The textile industry in India generates large employment
Friends, the textile industry is the second-largest employment-generating industry after agriculture.
This industry of 140 Bn $ provides direct employment to four and a half crore (4.5 Cr) people and indirectly to 60 million people. And this is the reason why it is a very important industry for any government.
How old is the textile industry in India?
But the question arises that how did this industry become so big? How did it start? When did humans start making and wearing clothes?
Friends, if we talk about only textiles or clothes, then humans used to use animal skins as clothes.
There is evidence of the existence of woven clothes in the Stone Age.
It has been estimated from many studies that humans have been wearing clothes for more than 1 lakh years.
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And the sewing needle was invented 50,000 years ago. A needle made of bird bone was discovered inside a cave in South Africa.
If we talk about India, then in the Indus Valley Civilization, which we also call Harappa civilization, people were very developed in terms of clothes. In a four and a half thousand-year-old idol named “Priest-King” found in Mohenjodaro, a person is wearing a shawl with embroidery of flowers.
That is, the relationship between clothes and humans is very old.
But if we talk about the Modern Era, since the mass production of textiles started, it happened in England during the Industrial Revolution.
In the era of the Industrial Revolution, many efforts were made to speed up production through inventions such as the flying shuttle, the flyer-and-bobbin system in 1733, and the roller spinning machine by John Wyatt and Louis Paul in 1738.
Louis Paul later came up with the carding machine in 1748 and the spinning jenny was also developed in 1764.
After this, in 1784, Edmund Cartwright invented the power loom.
Due to these inventions, the textile industry became a mainstream industry in the 18th century.
The arrival of the Textile Industry in India
If we talk about India, then in the year 1818, the first textile mill of the country was established near Kolkata. But the real cotton textile industry started in the 1850s when a Parsi cotton merchant established a cotton mill in Bombay in 1854. Gradually, by the year 1900, a total of 178 textile mills started running in many cities of India including Kolkata, Mumbai, and Ahmedabad.
Today’s scenario of the Textile Industry in India
Now let’s talk about today. How big is the textile market in India today? Where do we stand in the world and how can we make ourselves stronger in this field.
In 2018, the domestic textiles and apparel industry were worth $140 Bn, of which $100 Bn was consumed only in India, and the remaining $40 Bn was exported worldwide.
Today this industry contributes 2.3% of the total GDP of India. The textile industry does only 13% of the industrial production in our country and it also accounts for 12% of India’s total exports.
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And it is not that the textile and apparel industry is getting stagnate, otherwise, it is moving ahead even more strongly.
Its CAGR (compound annual growth rate) is expected to be 28% from 2019 to 2021. Whereas if we talk about the global textile market size, it is estimated to reach 1.23 trillion USD by 2025 with a CAGR of 4.24%.
At the same time, by 2024-25, the value of our textile exports will reach 300 Bn $.
And in the world market share, we will increase from 5% share to 15% share.
Perhaps you are wondering that how will the textile industry attain such phenomenal growth?
Think of it like this –
India is one of the fastest-growing economies of the world, obviously, this will increase the income of the people, which will give them the power to spend more on their clothes and apparel.
Many industries use the products of the textile industry, the demand for them will also increase.
Advantage of Textile Industry in India
Raw material availability
For any industry to flourish, the availability of raw material used in it is very important and India is in a very strong position in this matter –
All over the world, the largest producer of cotton is India.
We are also second in the world in the production of polyester, silk, and fiber.
Cheap and Skilled labor
Apart from this, we have a huge advantage of adequate availability of skilled and unskilled labor. Which is available at a low price, which reduces the cost of production, and gives us a competitive advantage.
Even if we talk about government support, the government has allowed 100% FDI in the textile sector. And to increase exports, free trade has also been allowed with ASEAN (Association of Southeast Asian Nations) countries.
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Along with this, the government is also investing a lot of money in Scheme for Integrated Textile Parks (SITP) and Technology Upgradation Fund Scheme so that this sector can be made more attractive for private companies, and the workforce can be trained.
What are the opportunities for you in this textile sector…
What are the Opportunities?
Friends, it is clear that the future of the textile industry is very bright. And like in the past, many crorepatis of India will emerge from this sector in the future also. At present, there is a better opportunity you can be a part of this growth, you can also try the first step. The biggest opportunity is “NOW”
Now the thinking is what can you do in this sector?
For this, you have to assess your current situation.
Those who want to make big investments can set up, their setup, in the SITPs being set up by the Government of India.
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The youth who are looking for jobs today can make their future in the textile industry. In this industry, you will get Engineering, Marketing & Sales, and Apparel Manufacturing.
Many types of jobs can be found in Store Operations, Direct Selling, Fashion Publicity, Designer and many more.
Those who are taking education can do any such studies keeping in view the future, which will make it easy for them to enter the textile industry. like –
Bachelor of Science in Textiles
Ph.D. in Textile Technology Management
Opportunity to start your own business
Apart from this, there is a huge opportunity to start your own textile business with little investment. I am saying this big because many people have taken advantage of this opportunity and today has become a millennium man.
Friends, I hope this information on the textile industry will be useful to you and at the same time I hope that like lakhs of crores of people, you too will be able to build your bright future by being a part of this industry.