Friday 25 October 2013

India and the prospects of making a career in Textile Industry


According to recent global textile reports, India has emerged as one of the most preferred destination for global brands and their counterparts. This will likely create better employment opportunities in the country and provide the much required financial strength to the palpable economy. The strong foot holds of textile industry and increasing no of foreign key players investing is a clear indication, that India has tremendous scope in this sector. But the success story of this resilient sector dates back to the year 1991, with the onset of economic liberalization of Indian economy, this unorganized industry started shaping up and gradually stood to be the second largest employment generating sector after Agriculture for both skilled and unskilled labors in the country.

Since then the industry has proven to be the backbone of the economy. It was recently when the Apparel Export Promotion Council Chairman A Sakthivel said that India's garment industry has its inherent strengths in terms of design and raw material.

The brands from around the world are looking forward to invest and start sourcing from India. India not only is the second largest Employment provider within the country but evolved as third largest exporter of garment to Australia and has all the potential to boost the business further. The Australian garment export apparel market is expected to be as huge as $5.61 billion and if experts are believed India can tap it easily. As, India's apparel exports to Australia in 2012 were around $111 million.

"Australia is the focus country for us, considering that India and Australia are at an advanced stage of negotiations for a Free Trade Agreement and also the Australian buyers wanting to reduce their over dependence on China," said
Sakthivel in a press meet recently .
The coveted position that India holds globally is the result of key research institutes like, Northern India Textile Research Association (NITRA. It stands to be one of the prime textile research institutes in the country. The textile industry and Ministry of Textiles, Govt. of India jointly established NITRA in 1974 for conducting applied scientific research and providing support services to Indian textile industry. The organization is situated in a 50 acre land at NCR Ghaziabad, near national capital New Delhi.

To know more about NITRA, Visit http://nitratextile.org/


4 comments:

  1. The textile industry in India is the secondlargest industry and has contributed immensely to the development of its economy. As per recent data released by the Government of India, Textile from Indian Industry contributes about 11 percent to industrial production, 14 per cent to the manufacturing sector, 4 percent to the GDP and 12 per cent to the country's total export earnings.

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  2. Good Morning....
    i wanna say somthing,.....
    If gene of wool is insert in cotton plant.....then we generate new fibre.....like cotton with different properties...
    It is possible???? I want to know that how it is possible???/ please give me the answer of my question.....Thank You..

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  3. Various textile industry India is available where you can find the endless designs. Informative post shared.

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