In recent years, India's textile and garment industry to flourish, one is the export growth average growth rate is higher than the global average level, the second is the government attaches great importance to solve the employment problem, three is a relaxed policy, to build up small textile and apparel industry, d.c., to expand investment promotion and capital introduction. India wants to borrow Chinese industrial policy adjustment of the machine, to vigorously develop the textile and garment industry.
Federation of Indian textile industry, according to data released by the textile and garment industry is the most important manufacturing industry, India accounts for about 12% of the total amount of the national manufacturing. In 2011, Indian textiles export ranks second in the world, clothing export ranks third in the world, nearly 10 years export growth were higher than the global average growth, share of global exports have increased from 3.2% in 2000 to 4.2% in 2011, is expected to reach 5.2% in 2015, will reach 8% in 2020. Textile and garment industry development effectively solved the problem of India's labor employment, create 35 million direct jobs, create indirect jobs more than 45 million.
Indian textile industry association, said India's textile and garment production in 2012 (including export and domestic demand) for $80 billion, are expected to be $120 billion, in 2015 will total $2020 in 205 billion. As calculated on annual growth, exports grew 10%, domestic sales of 12%.
Because India's textile and garment industry development potential is great, according to India's 12th five-year plan, is expected in 2012 ~ 2017, India's textile and clothing industry will increase the total investment of usd 29.5 billion, provide employment increased 3 million directly, the indirect employment increase more than 4 million people.
To expand the investment promotion and capital introduction, India has established cloth LanDiKe garment city (BIAC) economic zone. BIAC visa capa NaShi, located in the eastern part of India's andhra pradesh state is the third largest cotton producer in India. Park cloth LanDiKe company by Sri Lanka's largest clothing enterprise investment construction and management of operation, cloth LanDiKe investment value is mainly in India India in such aspects as policy environment, land and labor costs advantages. At present, the park has come nearly 10 enterprises, employees, the number of employees a total of 12000 people. If the future demand of workers more than 25000 people, the park will also according to the demand from the adjacent area migration enough labor, predict 2031 will be able to achieve employment to 60000 people.
According to the analysis, the future of India will seek opportunities from China's industrial policy adjustment: one is that China is strive to improve product added value, will give up part of the trade share of low value-added products, such as printing and dyeing, yarn, etc.; 2 it is in the field of garment industry, with the increase of labor and production costs of China's competitiveness will be weakened; Three from the long run, China's rapid economic growth, cannot long depend on the labor-intensive industries. At present, China's textile and apparel export share of global trade proportion is about 36%, while India is only 4%, but in the next 10 years, India will likely to grab market share in China.
The source "of Chinese textile net"
Edit: Ashcol