indian fashion industry catering to global market
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TOPIC- INDIAN FASHION INDUSTRY CATERING TO GLOBAL MARKET
ECONOMIC TERM PAPER PRESENTATION
T HARI KUMAR(131449)SAKASH AGARWAL(131419)HARSHA VARDHAN(131429)RAMESH(133436)VENKAT SAI(131433)
INDIAN FASHION INDUSTRY- INTRODUCTION
GROWTH OF THE PRET SEGMENT
WHERE INDIA IS CAPTURING VALUE TODAY
IN GARMENTS
INDIAN TEXTILE TRADEExports have been a core feature of India’s textile and apparel sector, a fact corroborated by trade figures.
Exports grew to USD33.3 billion in FY12 from USD17.6 billion in FY06, implying a CAGR of 11.2 per cent. FY12 was a particularly good year for the sector, with exports surging at an annual rate of 19.8 per cent
CAGR – COMPOUNDED ANNUAL GROWTH RATE
OUR ACHEIVEMENTS IN SOME KEY AREAS
Figures : In crores
KEY CHALLENGES OF FASHION INDUSTRY
TALENT ORIENTATION, BRAND DEVELOPMENT
BUSINESS ORIENTATION, INDUSTRY STATUS
KEY PLAYERS INDUSTRY
KEY PLAYERS MEMBER WISE
ROHIT BALKIRAN UTTAM GHOS
RITU BERI TARUN TAHILIANI
• Potential for Higher Growth in near future• The Indian Textile Industry contributes 14 per cent of the total
manufacturing to global brands like Nike, Reebok, Pepe Jeans, Armani and Versace for sourcing their merchandise from the country
• expected to grow fromRs.3.27 lakh crore ($70 billion) to Rs.10.32 lakh crore ($220 billion) by 2020
• For the industry to identify and create new mega clusters — Madurai, Mundra, Ambala and Mangalore — having tremendous potential for manufacturing
• The Industry proudly supports 7 million people as a part of its workforce
CONTRIBUTION TOWARDS WORLD AND INDIAN ECONOMY
INDIAN FASHION INDUSTRY STRENGTHS
TECHNOLOGY
FASHION TECHNOLOGY PARK AT MOHALI
AEPC- Apparel Export Promotion Council
THIS CONCEPT INCLUDES
CONCLUDING IT
• Textile Industry- Monopolistic form of market.• In terms of spindle age, the Indian textile industry is
ranked second, after China, and accounts for 23% of the world’s spindle capacity.• Garment Industry- Monopolistic form of market.• Indian Fashion Industry- Oligopoly form of industry.
Source- http://www.dnb.co.in/SMEstextile/overview.asp