Post on 02-Jun-2018
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A STUDY ON THE EXPORT PERFORMANCE IN TEXTILE AND TEXTILE
PRODUCTS IN INDIA
PROJECT REPORT
SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR
THE AWARD OF THE DEGREE OF
BACHELOR OF BUSINESS MANAGEMENT
(INTERNATIONAL BUSINESS)
SUBMITTE D BY
JANANI DEEPIKA.N
(Reg.No:11BBI018)
UNDER THE GUIDANCE OFMs. M. KIRTHIKA, MBA, PGDIB, (M.Phil)
ASSISTANT PROFESSOR
DEPARTMENT OF BUSINESS ADMINISTRATION (SF)
MARCH 2014
DEPARTMENT OF BUSINESS ADMINISTRATION
(INTERNATIONAL BUSINESS)
PSGR KRISHNAMMAL COLLEGE FOR WOMEN
(COLLEGE WITH POTENTIAL FOR EXCELLENCE)
(AN AUTONOMOUS INSTITUTION AFFILIATED TO BHARATHIAR
UNIVERSITY)
(RE-ACCREDITED WITH A GRADE STATUS BY NAAC)
(AN ISO 9001:2000 CERTIFIED INSTITUTION)
PEELAMEDU, COIMBATORE641 004
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CERTIFICATE
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PSGR KRISHNAMMAL COLLEGE FOR WOMEN
COLLEGE WITH POTENTIAL FOR EXCELLENCE
(AN AUTONOMOUS INSTITUTION AFFILIATED TO BHARATHIAR UNIVERSITY)
(REACCREDITED WITH A GRADE BY NAAC)
(AN ISO 9001:2008 CERTIFIED INSTITUTION)
COIMBATORE- 641004.
CERTIFICATE
THIS IS TO CERTIFY THAT THE PROJECT WORK DONE ON A STUDY ON
THE EXPORT PERFORMANCE IN TEXTILE AND TEXTILE PRODUCTS
PROJECT REPORT
IS A BONAFIDE WORK DONE BY
JANANI DEEPIKA.N
(11BBI018)
________________________________ ---------------------------------------------------------
SIGNATURE OF THE GUIDE SIGNATURE OF THE HEAD OF
DEPARTMENT
________________________________
SIGNATURE OF THE PRINCIPAL
SUBMITTED FOR THE VIVA-VOCE EXAMINATION HELD ON __________
______________________ _______________________
INTERNAL EXAMINER EXTERNAL EXAMINER
PLACE:
DATE:
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DECLARATION
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DECLARATION
This is to certify that the project entitled A STUDY ON THE EXPORT
PERFORMANCE IN TEXTILE AND TEXTILE PRODUCTS IN INDIA,
submitted to PSGR Krishnammal College for Women, an autonomous Institution
Affiliated to Bharathiar University, in partial fulfilment of the requirements of the
award of the degree of BACHELOR OF BUSINESS MANAGEMENT
(INTERNATIONAL BUSINESS), is a record of original project work done by me
during the period of study under the guidance of Ms. M. KIRTHIKA, MBA,
PGDIB, (M.Phil)
DATE : SIGNATURE OF THE CANDIDATE
PLACE:
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ACKNOWLEDGEMENT
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ACKNOWLEDGEMENT
I take this opportunity to acknowledge with great pleasure, deep satisfaction and
gratitude, the contribution of many individuals in the successful completion of this
project.
I express my profound gratitude to Shri G. Rangaswamy, Managing Trustee
and Dr. Smt. R. Nandini, Secretary, PSGR Krishnammal College for Women,
Coimbatore, for having given me the opportunity to undertake this project work.
I express my sincere thanks to Dr. Mrs. N. Yesodha Devi M.Com., M.Phil.,
Ph.D., Principal, and PSGR Krishnammal College for Women, Coimbatore, for allthe encouragement given to me.
I would like to express my happiness and thanks to Mrs. N. V. Kavitha M.Sc.,
M.Phil, MBA, (PhD), The Head of the Department of Business Administration
(SF),and PSGR Krishnammal College for Women, Coimbatore.
I wish my indebtedness to my guide Ms. M. KIRTHIKA, MBA, PGDIB,
(M.Phil) Assistant Professor,Department of Business Administration (International
Business) for her valuable guidance and suggestions and all others who have been
influential in the completion of this project.
I wish to record my sincere gratitude to all the faculty members of the
Department of Business administration (SF) for their valuable support and
suggestions.
I thank my beloved parents for their constant and fullfledged support throughout
this project. Last but not least I thank all my friends for their support, help and
guidance.
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TABLE OF CONTENTS
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TABLE OF CONTENTS
CHAPTER
NO.
TITLE PAGE NO.
LIST OF TABLES
LIST OF CHARTS
I INTRODUCTION 1
1.1OBJECTIVES OF THE STUDY 7
1.2
SCOPE OF THE STUDY 8
1.3LIMITATIONS OF THE STUDY 9
II REVIEW OF LITERATURE 10
III RESEARCH METHODOLOGY 13
IV ANALYSIS AND INTERPRETATION 15
V FINDINGS AND SUGGESTIONS
5.1 FINDINGS 64
5.2 SUGGESTIONS 67
CONCLUSION 68
BIBLIOGRAPHY
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LI ST OF TABLES
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LIST OF TABLES
CHAPTER
NO:
TITLE PAGE NO.
4.1 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF INDIAN TEXTILE AND
TEXTILE PRODUCTS
16
4.2 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF COTTON,YARN,FABRICS,
MADEUPS ETC.
18
4.3 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF NATURE SILKS, YARN,
FABRICS, MADEUPS ETC.
20
4.4 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF MANMADE YARN,
FABRICS, MADEUPS ETC.
22
4.5 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF MANMADE STAPLE FIBRE
24
4.6 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF WOLLEN YARN, FABRIC
MADEUPS ETC.
26
4.7 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF READYMADE GARMENTS
28
4.8 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF JUTE AND JUTE
MANUFACTURING
30
4.9 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF COIR AND COIR
MANUFACTURING
32
4.10 TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF CARPETS
34
4.10 (A) TABLE SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF CARPETS HANDMADE
36
4.10 (B) TABLE SHOWING THE GROWTH RATE OF 38
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TOTAL EXPORTS OF SILK CARPET
4.11 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF INDIAN TEXTILE AND
TEXTILE PRODUCTS
40
4.12 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF COTTON, YARN, FABRICS
MADEUPS ETC.
42
4.13 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF NATURAL SILKS, YARN
FABRICS MADEUPS ETC.
44
4.14 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF MANMADE YARN, FABRICS
MADEUP
46
4.15 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF MANMADE STAPLE FIBRE
48
4.16 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF WOLLEN YARN, FABRICS
MADEUPS ETC.
50
4.17 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF READYMADE GARMENTS
52
4.18 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF JUTE AND JUTE
MANUFACTURING
54
4.19 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF COIR AND COIR
MANUFACTURING
56
4.20 TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF CARPETS
58
4.20(A) TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF CARPETS HANDMADE
60
4.20(B) TABLE SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF SILK CARPETS
62
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L IST OF CHART
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LISTOF CHARTS
CHAPTER
NO:
TITLE PAGE NO.
4.1 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF INDIAN TEXTILE AND
TEXTILE PRODUCTS
17
4.2 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF COTTON,YARN,FABRICS,
MADEUPS ETC.
19
4.3 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF NATURE SILKS, YARN,
FABRICS, MADEUPS ETC.
21
4.4 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF MANMADE YARN,
FABRICS, MADEUPS ETC.
23
4.5 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF MANMADE STAPLE FIBRE
25
4.6 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF WOLLEN YARN, FABRIC
MADEUPS ETC.
27
4.7 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF READYMADE GARMENTS
29
4.8 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF JUTE AND JUTE
MANUFACTURING
31
4.9 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF COIR AND COIR
MANUFACTURING
33
4.10 CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF CARPETS
35
4.10 (A) CHART SHOWING THE GROWTH RATE OF
TOTAL EXPORTS OF CARPETS HANDMADE
37
4.10 (B) CHART SHOWING THE GROWTH RATE OF 39
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TOTAL EXPORTS OF SILK CARPET
4.11 CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF INDIAN TEXTILE AND
TEXTILE PRODUCTS
41
4.12 CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF COTTON, YARN, FABRICS
MADEUPS ETC.
43
4.13 CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF NATURAL SILKS, YARN
FABRICS MADEUPS ETC.
45
4.14 CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF MANMADE YARN, FABRICS
MADEUP
47
4.15 CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF MANMADE STAPLE FIBRE
49
4.16 CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF WOLLEN YARN, FABRICS
MADEUPS ETC.
51
4.17 CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF READYMADE GARMENTS
53
4.18 CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF JUTE AND JUTE
MANUFACTURING
55
4.19 CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF COIR AND COIR
MANUFACTURING
57
4.20 CHARTSHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF CARPETS
59
4.20(A) CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF CARPETS HANDMADE
61
4.20(B) CHART SHOWING THE TREND PROJECTION OF
TOTAL EXPORTS OF SILK CARPETS
63
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INTRODUCTION
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CHAPTER-I
INTRODUCTION
The Indian textile industry is one of the largest in the world with a massive
raw material and textiles manufacturing base. Our economy is largely dependent on
the textile manufacturing and trade in addition to other major industries. About 27%
of the foreign exchange earnings are on account of export of textiles and clothing
alone. The textiles and clothing sector contributes about 14% to the industrial
production and 3% to the gross domestic product of the country. Around 8% of the
total excise revenue collection is contributed by the textile industry. So much so, the
textile industry accounts for as large as 21% of the total employment generated in the
economy. Around 35 million people are directly employed in the textilemanufacturing activities. Indirect employment including the manpower engaged in
agricultural based raw-material production like cotton and related trade and handling
could be stated to be around another 60 million.
A textile is the largest single industry in India (and amongst the biggest in the
world), accounting for about 20% of the total industrial production. It provides direct
employment to around 20 million people. Textile and clothing exports account forone-third of the total value of exports from the country. There are 1,227 textile mills
with a spinning capacity of about 29 million spindles. While yarn is mostly produced
in the mills, fabrics are produced in the power loom and handloom sectors as well.
The Indian textile industry continues to be predominantly based on cotton, with about
65% of raw materials consumed being cotton. The yearly output of cotton cloth was
about 12.8 billion m (about 42 billion). The manufacture of jute products (1.1 million
metric tons) ranks next in importance to cotton weaving. Textile is one of Indias
oldest industries and has a formidable presence in the national economy inasmuch as
it contributes to about 14 per cent of manufacturing value-addition, accounts for
around one-third of our gross export earnings and provides gainful employment to
millions of people. They include cotton and jute growers, artisans and weavers who
are engaged in the organised as well as decentralised and household sectors spread
across the entire country.
Indias textile industry is one of the economies largest.
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In 2000/01, the textile and garment industries accounted for about 4 percent of
GDP, 14 percent of industrial output, 18 percent of industrial employment, and 27
percent of export earnings (Hashim). Indias textile industry is also significant in a
global context, ranking second to China in the production of both cotton yarn and
fabric and fifth in the production of synthetic fibers and yarns.
In contrast to other major textile-producing countries, mostly mostly small-
scale, non-integrated spinning, weaving, cloth finishing, and apparel enterprises,
many of which use outdated technology, characterize Indias textile sector. Some,
mostly larger, firms operate in the organized sector where firms must comply with
numerous government labour and tax regulations. Most firms, however, operate in the
small-scale unorganized sector where regulations are less stringent and more easily
evaded.
The unique structure of the Indian textile industry is due to the legacy of tax,
labour, and other regulatory policies that have favoured small-scale, labour-intensive
enterprises, while discriminating against larger scale, more capital-intensive
operations. The structure is also due to the historical orientation towards meeting the
needs of Indias predominately low-income domestic consumers, rather than theworld market. Policy reforms, which began in the 1980s and continued into the 1990s,
have led to significant gains in technical efficiency and international competitiveness,
particularly in the spinning sector. However, broad scope remains for additional
reforms that could enhance the efficiency and competitiveness of Indias weaving,
fabric finishing, and apparel sectors.
India has already completed more than 50 years of its independence. The
analysis of the growth pattern of different segment of the industry during the last five
decades of post-independence era reveals that the growth of the industry during the
first two decades after the independence had been gradual, though lower and growth
had been considerably slower during the third decade. The growth thereafter picked
up significantly during the fourth decade in each and every segment of the industry.
The peak level of its growth has however been reached during the fifth decade i.e., the
last ten years and more particularly in the 90s. The Textile Policy of 1985 and
Economic Policy of 1991 focussing in the direction of liberalisation of economy and
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trade had in fact accelerated the growth in 1990s. The spinning spearheaded the
growth during this period and man-made fibre industry in the organised sector and
decentralised weaving sector. Textile industry plays a significant role in the economy.
The Indian textile industry is one of the largest and most important sectors in the
economy in terms of output, foreign exchange earnings and employment in India. It
contributes 20 per cent of industrial production, 9 per cent of excise collections, 18
per cent of employment in industrial sector, nearly 20 per cent to the countrys total
export earnings and 4 per cent ton the GDP. The Sector employs nearly 35 million
people and is the second highest employer in the country. The textile sector also has a
direct link with the rural economy and performance of major fibre crops and crafts
such as cotton, wool, silk, handicrafts and handlooms, which employ millions of
farmers and crafts persons in rural and semi-urban areas. It has been estimated that
one out of every six households in the country depends directly or indirectly on this
sector. India has several advantages in the textile sector, including abundant
availability of raw material and labour. It is the second largest player in the world
cotton trade. It has the largest cotton acreage, of about nine million hectares and is the
third largest producer of cotton fibre in the world. It ranks fourth in terms of staple
fibre production and fourth in polyester yarn production.
India is the third largest producer of cotton with the largest area under cotton
cultivation in the world. It has an edge in low cost cotton sourcing compared to other
countries. Average wage rates in India are 50-60 per cent lowers than that in
developed countries, thus enabling India to benefit from global outsourcing trends in
labour intensive businesses such as garments and home textiles. Design and fashion
capabilities are key strengths that will enable Indian players to strengthen their
relationships with global retailers and score over their Chinese
competitors. Production facilities are available across the textile value chain, from
spinning to garments manufacturing. The industry is investing in technology and
increasing its capacities which should prove a major asset in the years to come. Large
Indian players such as Arvin Mills, Welspun India, Alok Industries and Raymond
have established themselves as 'quality producers' in the global market. This
recognition would further enable India to leverage its position among global
retailers. India has gathered experience in terms of working with global brands and
this should benefit Indian vendors.
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In exports Cotton yarns, fabric, made ups etc. made largest chunk with US$
3.33 Billion or 26.5% in textiles category, and Ready Made garments (RMG)-cotton
including accessories made largest chunk with 4.67 Billion US $ or 37.1 % of total
exports. Whereas, manmade yarn and fabrics in textiles group and RMGMan-made
fibers constituted second position in the two categories, respectively. Carpets and
woollen garments are other items exported from India. Textiles contributed 20% of
India's exports to about US $ 12.5 Billion. The Quota Countries mainly USA, EU (15)
and Canada constituted 70 % of total garment exports and 40% of India's textiles
exports. In non-quota countries UAE is the largest market with 7% of textile exports
and 10% of garment exports from India.
India has rich resources of raw materials of
textile industry. It is one of the largest producers of cotton in the world and is also rich
in resources of fibres like polyester, silk, viscose etc. India is rich in highly trained
manpower. The country has a huge advantage due to lower wage rates. Because of
low labour rates the manufacturing cost in textile automatically comes down to very
reasonable rates. India is highly competitive in spinning sector and has presence in
almost all processes of the value chain.
Indian textile industry is very diverse in size, manufacturing facility, type ofapparel produced, quantity and quality of output, cost, and requirement for fabric etc.
It comprises suppliers of textile products for both, domestic or exports markets.
EXPORT PERFORMANCE
The Indian economy has gained considerable momentum over the last one
decade, by achieving and sustaining an annual GDP growth rate of over 7 percent.
This high growth rate can be in part attributed to the growing contribution of the
export sector to the economy. The Second World War severely impacted the
economic stability of many countries, however, Indias economic performance
remained less affected as its GDP continued to grow at 3.5 percent per annum while
the per capita income averaged at 1.3 percent per annum, a phenomenon better known
as the Hindu rate of Economic growth and this growth rate persi sted till 1979-80.
Indias international trade policy following her independence in 1947 focused on
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being self-sufficient, which also implied minimal reliance on international trade as a
source of income. An alarming large number of people were living in abject poverty
and the central government sought to improve the well-being of people by adopting
the strategy of import-substituting industrialization. To implement this, the
government developed a complex, extensive and often costly system of price controls
and quantitative restrictions. It was during the eighties that the government undertook
expansionary fiscal and monetary policies.
The growth surged at an average annual rate of 5.8 percent; well above the
Hindu rate of growth. But this rapid expansion was supported by a large current
account deficit. A mounting deficit, coupled with high inflation (at 13.5 percent) and
the Gulf war led India to a balance of payment crisis in 1991. Following the crisis, the
Indian economy was opened up to foreign participation for the first time, in an
attempt to improve the efficiency and competitiveness of Indian industries. Post 1991,
the gradual liberalization of the Indian economy characterized by such policy reforms
created a conducive environment for Indias exports to flourish and evolve into an
engine of social and economic growth. Hence, the last two decades have witnessed.
Indias export performance since 1991 has fluctuated. The East Asian Crisis of 1997
had a serious impact on Indias exports, which registered a negative growth of 2.33percent in the same year. Since the ASEAN countries and Japan were most acutely
affected by the crisis, their respective currencies lost value, which also meant that the
Indian rupee appreciated against these currencies (due to interest rate differentials). In
1997, for the first time after liberalization, Indias exports registered a negative
growth of 2.33 percent.
In 2001-02, India faced another setback in its exports, at large, due to the
semi-recession faced by the US; one of Indias biggest trading partners. The terrorist
attack on the World Trade Centre caused a net loss of 0.25 percent of US GDP and
also had an impact on Indias exports, which grew only at 5 percent that year.The
slowdown of the US economy permeated to other economies including the ASEAN
countries, which were recovering from the 1997 crisis. The next major setback for
Indias exports was the global crisis of 2008. The collapse of large investment banks
around the world coupled with high oil prices and rising inflation led to a global
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SCOPE OF THE STUDY
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1.2 SCOPE OF THE STUDY
The Indian textile industry has highest growth in Indian exports.
This study helps to understand the factors behind the success of
Indian textile exports.
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LIMITATIONS
OF
THE
STUDY
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1.3 LIMITATIONSOFTHESTUDY
The data collected is secondary in nature. Hence the accuracy cannot
be determined.
Time constraint was also a major limitation during the study.
The data is confined only to the 10 years (2003-2013) period.
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REVIEW OF LI TERATURE
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CHAPTER-II
REVIEWOF LITERATURE
Verma 2001 (1) in his article emphasized on the impact on the Indian textile
and clothing Industry after quota elimination. It says that Indian textile and clothing
exporters have to Bring in necessary changes in their methods of production,
management style, capacities, Marketing skills and productivity level in order to
remain competitive in international Market. Also it put special emphasis on the size of
Indian textile units when compared to its counterpart in China.
Simpson and Shetty 2001 (2) did a vast study on Indias textile industry. The
purpose of study is to analyse Indias textile and apparel industry, its structural
problems, market access barriers, and measurements taken by government of India to
enhance the industrys competitiveness in the post Multi fibre Agreement (MFA)
era. The study also assesses Indias textile and apparel market potential and trade and
investment opportunities for U.S. firms as India steps into a more free and transparent
trade regime. For the purpose of study exploratory study is done in which in-depth
interviews are done with various government officials in Textile Export Promotion
Council, Ministry of textile, Cotton Council of India, Apparel Export Promotion
Council (AEPC), Federation of Karnataka Chamber of Commerce and Industry,
Handloom Export Promotion Council, Madras Chamber of Commerce and Industry,
the South India Textile and Research Association and almost all top executives of
Indias large textile mills.
Bagchi 2002 (3) did a comprehensive study with objective to evaluate the
export Competitiveness of Indian textile and clothing sector. Because Indian textile
and clothing Sector is predominantly cotton based, the study is focused on cotton
textile and clothing and look at the entire value chain from fiber to garment and retail
distribution. The scope of study covers the products in Indian export basket which
have shown a promising growth in value. The Study concludes that Indian exports to
US and EU are export competitive as a whole. Sector wise analysis of exportperformance of Indian textile and sectors to US and EU reveal that so far apparel or
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Clothing and made-up is concerned; quota is the major constraint in the growth, while
it is not true in case of yarn exports. Indian textile and clothing sector has tremendous
potential and only a portion of which is explored till now and this shortcoming is due
to policy constraints.
Meenakshi 2003 (4) did a comprehensive study on the opportunities that
would be provided by WTO to Indian Textile industry. This paper gives a lot
emphasis on new Capacity installation to take the benefits to the fullest extent in India
has to be a true Gainer in competition to other nations. Since Indias own
consumption per capita is also on the rise with the rise of income and consumption
habits, the profit margins available to Indian textile and clothing producers will be
more. But in export market, the prices will be driven by international factors and
profits will be under pressure. So the exporters might have to go for strategy of partial
exports and partial domestic sale.
Trivedi 2005 (5) in his article concluded that the textile is one sector where
India has high ambitions and can achieve robust growth through moderate human
skills. India has skilled labour and does better in this sector as compared to others.
This will also Increase the employment and the social structure will be better off.
Chugan 2005 (6)emphasized that Indian textile Industry has to change to be
more Competitive in the long run. This paper emphasis that merely cost competence
is not enough to maintain the lead while Indian companied has to have a global
competitive View
Kumar 2006 (7) did study of various sectors of Indian and Chinese textiles.
This paper concludes and highlights the various areas where India has efficiency over
china and how India should more capitalize on it. Also it gives equally weightage to
Chinese advantages and how India can win over its weaker areas to be more
competitive in long run.
Elsayeed, Kulich, Lake & Megahed 2006 (8)in his article discussed in detail
the opportunities available to various sectors of Indian Textiles in the post quota era.
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Also, it emphasizes the weaker link, competition from china and the schemes run by
government to support Indian textile Industry.
Chaudhry 2006 (9) did a very comprehensive study on the productivity of
Indian Textile sector and various related sectors. Very technical formulas are used to
analyse the Competitiveness of Indian Textile Industry.
Bedi 2009 (10) in his article had prepared detailed report on Indian textile
industry covering various sector of textile industry. This is one of the most
comprehensive reports coveting all aspects of textile industry, performance and
hindrances in the growth of it.
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RESEARCH METHODOLOGY
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CHAPTER-III
RESEARCHMETHODOLOGY
Research in general refers to search for knowledge. It also refers to scientific
and systematic search for pertinent information on a specific topic. It is a careful
investigation or enquiry especially through search for knowledge the definition of
research includes any gathering of data, information and facts for the advancement of
knowledge
Research methodology is the way or science to do or conduct research
systematically and scientifically. Research methodology not only provides the
knowledge of various types of methods and technique for sampling, data collection,
data analysis and report writing etc. But also guides that which particular method or
technique for sampling/data collection/data analysis should be used or not why should
/shouldnt do so.
It is necessary for the researcher to design the methodology for problems as
the same way it differs from problem to problem. This is an analytical study which
analyses the data collected and the procedure which the researcher do their work of
describing, explaining and predicting phenomena is known as methodology that
comprises of the following
Research design
This study is analytical and descriptive in nature
Sources of data
The data is based on secondary data
Secondary data
The information is collected through
Reports
Related websites in internet.
Period of data
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The study of export performance in textile and textile products in Indian market
conducted for a period of ten financial years from 2003-2013
Analytical tools used
Growth rate
To know the growth rate of textile performance in India, the following formula
is used in the study.
Growth rate = current year-previous year X 100
Previous year
Trend Projection
The trend projection is made in the study to know about the future scenario of
export performance in textile and textile products in Indian market.
Yc = a+ bx
Where, a = Y
No. of years
b = XY
X
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ANALYSIS AND INTERPRETATION
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CHAPTER-IV
ANALYSIS AND INTERPRETATION
Data analysis is the process of systematically applying statistical and/or logical
techniques to describe and illustrate, condense and recap and evaluate data. According
to various analytic procedures provide a way of drawing inductive inferences from
data and distinguishing the signal from the noise present in the data.
Interpretation refers to the task of drawing inferences from the collected facts
after an analytical and/or experimental study. It is a search for broader meaning of
research findings. Interpretation also extends beyond the data of the study to include
the results of other research, theory and hypothesis. Thus, interpretation is the device
through which the factors that seems to explain what has been observed by researcher
in the course of the study can be better understood and it also provides a theoretical
conception which can serve as a guide for further researches.
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TABLE NO: 4.1
GROWTH RATE OF TOTAL EXPORTS OF INDIAN TEXTILE AND
TEXTILE PRODUCTS
Years ValueGrowth Percentage
(%)
2003-2004 58779 Nil
2004-2005 60996 3.8
2005-2006 72618 19
2006-2007 78613 8.2
2007-2008 78209 -2.22008-2009 - -
2009-2010 110375 41.4
2010-2011 148773 10.8
2011-2012 134312 21.6
2012-2013 94189 20.4
CAGR 9.73%
Interpretation:
From the above table it is found that the growth rate was high during 2009-
2010 with 41.4% but during the year 2006-2007 the growth rate was declined to
8.2%.
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CHART NO: 4.1
GROWTH RATE OF TOTAL EXPORTS OF INDIAN TEXTILE AND
TEXTILE PRODUCTS
41.4
10.8
21.620.4
0
5
10
15
20
25
30
35
40
45
2009-2010 2010-2011 2011-2012 2012-2013
Trend
Year
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TABLE NO: 4.2
GROWTH RATE OF TOTAL EXPORTS OF COTTON, YARN, FABRICS
MADEUPS ETC
years ValueGrowth Percentage
(%)
2003-2004 15600 Nil
2004-2005 15502 -0.6
2005-2006 17465 12.7
2006-2007 19089 9.3
2007-2008 18734 -1.9
2008-2009 18930 1.0
2009-2010 17479 -7.7
2010-2011 26361 50.9
2011-2012 32612 23.5
2012-2013 40898 25.4
CAGR 74.53%
Interpretation:
From the above table it is found that the growth rate was high during the 2010-
2011 with 50.9 % but in 2009-2010 it was declined to -7.66%.
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CHART NO: 4.2
GROWTH RATE OF TOTAL EXPORTS OF COTTON, YARN, FABRICS
MADEUPS ETC
-0.62
12.66
9.29
-1.861.04
-7.66
50.9
23.5
25.4
74.53%
-20
-10
0
10
20
30
40
50
60
Trend
Year
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TABLE NO: 4.3
GROWTH RATE OF TOTAL EXPORTS OF NATURE SILKS, YARN
FABRICS MADEUPS ETC
Years ValueGrowth Percentage
(%)
2003-2004 1520 Nil
2004-2005 1745 14.8
2005-2006 1820 4.3
2006-2007 1915 5.2
2007-2008 2000 4.4
2008-2009 1553 -22.3
2009-2010 1436 -7.5
2010-2011 1705 18.7
2011-2012 999 -41.4
2012-2013 912 -8.7
CAGR -4.98%
INTERPRETATION
From the above table it is found that the growth rate was high during 2010-
2011 with 18.7 % but in 2011-2012 was declined to -41.4%.
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CHART NO: 4.3
GROWTH RATE OF TOTAL EXPORTS OF NATURE SILKS, YARN
FABRICS MADEUPS ETC
14.8
4.295.21
4.43
-22.3 -7.53
18.7
-41.4 -8.7 -4.98%
-50
-40
-30
-20
-10
0
10
20
30
Trend
Year
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TABLE NO. 4.4
GROWTH RATE OF TOTAL EXPORTS OF MANMADE YARNS FABRICS,
MANMADE ETC
Years ValueGrowth Percentage
(%)
2003-2004 8093 Nil
2004-2005 8819 8.9
2005-2006 8668 -1.7
2006-2007 9975 15.1
2007-2008 11663 16.9
2008-2009 13919 19.3
2009-2010 17093 22.8
2010-2011 19490 14.
2011-2012 24294 24.6
2012-2013 24676 1.5
CAGR 11.79%
INTERPRETATION:
From the above table it is found that the growth rate was high during 2011-
2012 with 24.6% but in 2005-2006 it was declined to -1.71%
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CHART.NO.4.4
GROWTH RATE OF TOTAL EXPORTS OF MANMADE YARNS FABRICS,
MANMADE ETC
8.9
-1.71
15.07
16.9
19.3
22.8
14.02
24.6
1.5
11.79%
-5
0
5
10
15
20
25
30
Trend
Year
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TABLE NO: 4.5
GROWTH RATE OF TOTAL EXPORTS OF MANMADE STAPLE FIBRE
Years ValueGrowth Percentage
(%)
2003-2004 276 Nil
2004-2005 395 43.1
2005-2006 362 -8.3
2006-2007 889 45.5
2007-2008 1122 26.2
2008-2009 1172 4.4
2009-2010 1691 44.2
2010-2011 1920 13.5
2011-2012 2253 17.3
2012-2013 2760 22.5
CAGR 25.89%
INTERPRETATION:
From the above table it is found that the growth rate was high during 2006-
2007 with 45.5% but in 2005-2006 it was declined to -8.3%
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CHART.NO:4.5
GROWTH RATE OF TOTAL EXPORTS OF MANMADE STAPLE FIBRE
43.1
-8.3
45.5
26.2
4.4
44.2
13.5
17.3
22.5
25.89
-20
-10
0
10
20
30
40
50
Trend
Year
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TABLE.NO:6
GROWTH RATE OF TOTAL EXPORTS OF WOLLEN YARN, FABRICS
MADEUPS ETC
Years ValueGrowth Percentage
(%)
2003-2004 268 Nil
2004-2005 314 17.1
2005-2006 378 20.3
2006-2007 386 2.1
2007-2008 374 -3.1
2008-2009 457 22.1
2009-2010 425 -7
2010-2011 501 17.8
2011-2012 725 44.7
2012-2013 659 -9.1
CAGR 9.41%
INTERPRETATION
From the above table it is found that the growth rate was high during 2011-
2012 with 44.7% but in 2012-2013 it was declined to -9.1%
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CHART NO: 4.6
GROWTH RATE OF TOTAL EXPORTS OF WOLLEN YARN, FABRICS
MADEUPS ETC
17.1
20.3
2.1
-3.1
22.1
-7
17.8
44.7
-9.19.41%
-20
-10
0
10
20
30
40
50
Trend
Year
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TABLE NO 4.7
GROWTH RATE OF TOTAL EXPORTS OF READYMADE GARMENTS
Years ValueGrowth Percentage
(%)
2003-2004 28643 Nil
2004-2005 29481 2.9
2005-2006 38154 29.6
2006-2007 40237 5.4
2007-2008 39001 -3
2008-2009 50294 28.9
2009-2010 50791 1
2010-2011 52861 4
2011-2012 65612 24.1
2012-2013 70328 7.1
CAGR 9.40%
INTERPRETATION
From the above table it is found that the growth rate was high during 2005-
2006 with 29.6% but in 2007-2008 it was declined to -3%
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CHART NO: 4.7
GROWTH RATE OF TOTAL EXPORTS OF READYMADE GARMENTS
2.9
29.6
5.4
-3
28.9
0.98
4
24.1
7.1
9.4
-5
0
5
10
15
20
25
30
35
Trend
Year
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TABLE NO: 4.8
GROWTH RATE OF TOTAL EXPORTS OF JUTE & JUTE
MANUFACTURING
Years ValueGrowth Percentage
(%)
2003-2004 1114 Nil
2004-2005 1241 11.4
2005-2006 1312 5.7
2006-2007 1178 -10.2
2007-2008 1319 11.9
2008-2009 1376 4.3
2009-2010 1033 -24.9
2010-2011 2092 12.5
2011-2012 2226 6.4
2012-2013 2107 -5.3
CAGR 51.36%
INTERPRETATION
From the above table it is found that the growth rate was high during 2010-
2011 with 12.5% but in 2009-2010 it was declined to -24.9%
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CHART NO: 4.8
GROWTH RATE OF TOTAL EXPORTS OF JUTE & JUTE
MANUFACTURING
11.4
5.7
-10.2
11.9
4.3
-24.9
12.5
6.4
-5.3 51.36%
-30
-25
-20
-15
-10
-5
0
5
10
15
Trend
Year
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TABLE NO 4.9
GROWTH RATE OF TOTAL EXPORTS OF COIR & COIR
MANUFACTURING
Years ValueGrowth Percentage
(%)
2003-2004 357 Nil
2004-2005 474 3.1
2005-2006 590 24.4
2006-2007 660 11.8
2007-2008 645 -2.3
2008-2009 681 8.6
2009-2010 760 11.6
2010-2011 726 -4.4
2011-2012 1018 40.2
2012-2013 1072 5.3
CAGR 11.69%
INTERPRETATION
From the above table it is found that the growth rate was high during 2011-
2012 with 40.2% but in 2010-2011 it was declined to -4.4 %
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CHART NO: 4.9
GROWTH RATE OF TOTAL EXPORTS OFCOIR & COIR
MANUFACTURING
3.12
24.4
11.8
-2.27
8.6
11.6
-4.4
40.2
5.3
11.69%
-10
-5
0
5
10
15
20
25
30
35
40
45
Trend
Year
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TABLE.NO:4.10
GROWTH RATE OF TOTAL EXPORTS OF CARPETS
Years ValueGrowth Percentage
(%)
2003-2004 2691 Nil
2004-2005 2860 6.2
2005-2006 3775 31.9
2006-2007 4199 11.2
2007-2008 3798 -9.5
2008-2009 3565 -6.1
2009-2010 3482 -2.3
2010-2011 4718 35.4
2011-2012 4071 -13.7
2012-2013 5362 31.7
CAGR 7.60%
INTERPRETATION
From the above table it is found that the growth rate was high during 2010-
2011 with 35.4 % but in 2011-2012 it was declined to -13.7 %
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CHART.NO:10
GROWTH RAE OF TOTAL EXPORTS OF CARPETS
6.2
31.9
11.2
-9.5 -6.1 -2.3
35.4
-13.7
31.7
7.60%
-20
-10
0
10
20
30
40
Trend
Year
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TABLE.NO:4.10 (A)
GROWTH RATE OF TOTAL EXPORTS OF CARPETS HANDMADE
Years ValueGrowth Percentage
(%)
2003-2004 2571 Nil
2004-2005 2732 6.2
2005-2006 3671 34.3
2006-2007 4067 10.7
2007-2008 3726 -8.4
2008-2009 3506 -5.9
2009-2010 3442 -1.8
2010-2011 4707 36.7
2011-2012 4051 -13.9
2012-2013 5341 31.8
CAGR 7.59%
INTERPRETATION
From the above table it is found that the growth rate was high during 2010-
2011 with 36.7% but in 2011-2012 it was declined to -13.9 %
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CHART.NO:10 (A)
GROWTH RATE OF TOTAL EXPORTS OF CARPETS HANDMADE
6.2
34.3
10.7
-8.38 -5.9 -1.82
36.7
-13.9
31.8
7.59%
-20
-10
0
10
20
30
40
Trend
Year
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TABLE NO: 4. 10 (B)
GROWTH RATE OF TOTAL EXPORTS OF SILK CARPET
Years ValueGrowth Percentage
(%)
2003-2004 120 Nil
2004-2005 127 5.8
2005-2006 103 -18.8
2006-2007 132 28.1
2007-2008 72 -45.4
2008-2009 59 -18
2009-2010 41 -30.5
2010-2011 12 -70.7
2011-2012 20 66.6
2012-2013 21 5
CAGR 16.00%
INTERPRETATION
From the above table it is found that the growth rate was high during 2011-
2012 with 66.6% but in 2010-2011 it was declined to -70.7%
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CHART. NO: 4.10 (B)
GROWTH RATE OF TOTAL EXPORTS OF SILK CARPET
5.8
-18.8
28.1
-45.4 -18 -30.5-70.7
66.6
5 16.00%
-80
-60
-40
-20
0
20
40
60
80
Trend
Year
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TABLE. NO: 4.11
TREND CALCULATION OF TOTAL EXPORTS OF INDIAN TEXTILE AND
TEXTILE PRODUCTS
TREND PROJECTION OF TOTAL EXPORTS OF INDIAN TEXTILE AND
TEXTILE PRODUCTS
Year Expected value
2013-2014 361823.72
2014-2015 408181.44
2015-2016 454539.16
2016-2017 500896.88
2017-2018 547254.6
INTERPRETATION:
From the above table it is analysed that the value of total exports of Indian
textile and textile products in the year 2003-2004 was Rs.77672.44. During 2004-
2005 the value was increased to 79173.68. Further there was an increase during 2005-
2013 and it is expected to increase in the upcoming years.
Years Value (Y) x xy x yc
2003-2004 58779 -4 -235116 -16 77672.44
2004-2005 60906 -3 -182718 -9 79173.68
2005-2006 72618 -2 -145226 -4 80674.92
2006-2007 78613 -1 -78613 -2 82176.16
2007-2008 78209 0 0 0 83677.4
2008-2009 - - - - 85178.64
2009-2010 94189 2 188378 4 86679.88
2010-2011 110375 3 331125 9 88181.12
2011-2012 134312 537248 16 89682.36
2012-2013 148773 5 743865 25 91183.6
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CHART.NO:11
TREND CALCULATION OF TOTAL EXPORTS OF INDIAN TEXTILE AND
TEXTILE PRODUCTS
70000
75000
80000
85000
90000
95000
Trend
Year
yc
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TABLE.NO: 4.12
TREND ANALYSIS OF TOTAL EXPORTS OF COTTON,YARN,FABRICS
MADEUPS ETC
Year Value (y) x xy x yc
2003-2004 156 -4 -624 -16 -37959
2004-2005 15502 -3 -46506 -9 -23288.6
2005-2006 17465 -2 -34930 -4 -8618.2
2006-2007 19089 -1 -19089 -1 6052.2
2007-2008 18734 0 0 0 20722.6
2008-2009 18930 1 18930 1 35393
2009-2010 17479 2 34958 4 50063.4
2010-2011 26361 3 79083 9 64733.8
2011-2012 32612 4 130448 16 79404.2
2012-2013 40898 5 204490 25 94074.6
TREND PROJECTION OF TOTAL EXPORTS OF COTTON, YARN,
FABRICS MADEUPS ETC
Year Expected value
2013-2014 94074.6
2014-2015 123415.4
2015-2016 138085.8
2016-2017 152756.2
2017-2018 167426.6
INTERPRETATION:
From the above table it is analysed that the total value of exports of cotton,
yarn, fabrics made-up etc. in the year 2003-2004 was Rs.-37959.During 2004-2005
the declined value was got reduced and from 2006-2007 onwards there was positive
improvements till and it is expected to increase in the upcoming years.
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CHART. NO: 4.12
TREND ANALYSIS OF TOTAL EXPORTS OF COTTON, YARN, FABRICS
MADEUPS ETC
-60000
-40000
-20000
0
20000
40000
60000
80000
100000
120000
Trend
Year
yc
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TABLE.NO: 4.13
TREND CALCULATION OF TOTAL EXPORTS OF NATURAL SILKS,
YARN FABRICS MADEUPS ETC
Year Value (y) x xy x yc
2003-2004 1520 -4 -6080 -16 1144.74
2004-2005 1745 -3 -5235 -9 1199.18
2005-2006 1820 -2 -3640 -4 1253.62
2006-2007 1915 -1 -1915 -1 1308.06
2007-2008 20 0 0 0 1362.5
2008-2009 1553 1 1553 1 1416.94
2009-2010 1436 2 2872 4 1471.38
2010-2011 1705 3 5250 9 1525.82
2011-2012 999 4 3996 16 1580.26
2012-2013 912 5 4560 25 1634.7
TREND CALCULATION OF TOTAL EXPORTS OF NATURAL SILKS,
YARN FABRICS MADEUPS ETC
Year Expected value
2013-2014 1689.14
2014-2015 1743.58
2015-2016 1798.02
2016-2017 1852.46
2017-2018 1906.9
INTERPRETATION:
From the above table it is analysed that the total value of Natural silks, yarn,
fabrics madeups etc. in the year 2003-2004 was Rs.1144.74.During 2004-2005 the
value was increased to1199.18.Further there was an increase during 2005-2013 and it
is expected to increase in the upcoming years.
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CHART.NO: 4.13
TREND CALCULATION OF TOTAL EXPORTS OF NATURAL SILKS,
YARN FABRICS MADEUPS ETC
0
200
400
600
800
1000
1200
1400
1600
1800
Trend
Year
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TABLE.NO: 4.14
TREND CALCULATION OF TOTAL EXPORTS OF MANMADE YARNS
FABRICS, MANMADE ETC
Year Value (y) x xy x2 yc
2003-2004 8093 -4 -32372 -16 -23889.65
2004-2005 8819 -3 -26457 -9 -14249.92
2005-2006 8668 -2 -17336 -4 -4610.28
2006-2007 9975 -1 -9975 -1 5029.36
2007-2008 11663 0 0 0 14669
2008-2009 13919 1 13919 1 24308.64
2009-2010 17093 2 34186 4 33948.28
2010-2011 19490 3 58470 9 43587.92
2011-2012 24294 4 97176 16 53227.6
2012-2013 24676 5 123380 25 62867.2
TREND CALCULATION OF TOTAL EXPORTS OF MANMADE YARNS
FABRICS, MANMADE ETC
Year Expected value
2013-2014 72506.84
2014-2015 82146.48
2015-2016 91786.12
2016-2017 101425.76
2017-2018 111065.4
INTERPRETATION:
From the above table it is analysed that the total value of manmade yarn,
fabrics, manmade etc. in the year 2003-2004 was Rs.-23889.65.During 2004-2005
declined value got reduced and from 2006-2007 onwards there was positive
improvements till 2013 and it is expected to increase in the upcoming years.
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CHART.NO: 4.14
TREND ANALYSIS OF TOTAL EXPORTS MANMADE YARNS FABRICS,
MANMADE ETC
-30000
-20000
-10000
0
10000
20000
30000
40000
50000
60000
70000
Trend
Year
yc
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TABLE.NO: 4.15
TREND ANALYSIS OF TOTAL EXPORTS OF MANMADE STAPLE FIBRE
Year Value (y) x xy x yc
2003-2004 276 -4 -1104 -16 -3391.84
2004-2005 395 -3 -1185 -9 -2222.88
2005-2006 362 -2 -724 -4 -1053.92
2006-2007 889 -1 -889 -1 115.04
2007-2008 1122 0 0 0 1284
2008-2009 1172 1 1172 1 2452.96
2009-2010 1691 2 3382 4 3621.922010-2011 1920 3 5760 9 4790.88
2011-2012 2253 4 9012 16 5959.84
2012-2013 2760 5 13800 25 7128.8
TREND PROJECTION OF TOTAL EXPORTS OF MANMADE YARNS
FABRICS, MANMADE ETC
Year Expected value
2013-2014 8297.76
2014-2015 9466.72
2015-2016 10635.68
2016-2017 11804.64
2017-2018 12973.6
INTERPRETATION:
From the above table it is analysed that the total value of manmade staple fibre
in the year 2003-2004 was Rs. -3391.84.During 2004-2005 the declined got reduced
and from 2006-2007 onwards there was positive improvements till 2013and it is
expected to increase in the upcoming years.
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CHART.NO: 4.15
TREND ANALYSIS OF TOTAL EXPORTS OFMANMADE STAPLE FIBRE
-4000
-2000
0
2000
4000
6000
8000
Trend
Year
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TABLE.NO: 4.16
TREND ANALYSIS OF TOTAL EXPORTS OF WOLLEN YARN, FABRICS
MADEUPS ETC
Year Value (y) x Xy x yc
2003-2004 268 -4 -1072 -16 282.62
2004-2005 314 -3 -942 -9 324.14
2005-2006 378 -2 -756 -4 365.66
2006-2007 386 -1 -386 -1 407.18
2007-2008 374 0 0 0 448.7
2008-2009 457 1 457 1 490.22
2009-2010 425 2 850 4 531.74
2010-2011 501 3 1503 9 573.26
2011-2012 725 4 725 16 614.78
2012-2013 659 5 659 25 656.3
TREND PROJECTION OF TOTAL EXPORTS OF WOLLEN YARN,
FABRICS MADEUPS ETC
Year Expected value
2013-2014 697.82
2014-2015 739.34
2015-2016 780.86
2016-2017 822.38
2017-2018 863.9
INTERPRETATION:
From the above table it is analysed that the total value of manmade staple fibre
in the year 2003-2004 was Rs.282.62. During 2004-2005 the value was increased to
Rs.324.14, further there was an increase during 2005-2013 and it is expected to
increase in the upcoming years.
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CHART.NO: 4.16
TREND ANALYSIS OF TOTAL EXPORTS OF WOLLEN YARN, FABRICS
MADEUPS ETC
0
100
200
300
400
500
600
700
Trend
Year
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TABLE.NO: 4.17
TREND ANALYSIS OF TOTAL EXPORTS OF READYMADE GARMENTS
Year Value (y) x xy x yc
2003-2004 28634 -4 -114536 -16 -50264.38
2004-2005 29481 -3 -88443 -9 -26063.46
2005-2006 38154 -2 -76308 -4 1862.54
2006-2007 40237 -1 -40237 -1 22338.38
2007-2008 39001 0 0 0 46539.3
2008-2009 50294 1 50294 1 70740.22
2009-2010 50791 2 101582 4 94941.14
2010-2011 52861 3 158583 9 119142.06
2011-2012 65612 4 262448 16 143342.98
2012-2013 70328 5 351640 25 167543.9
TREND PROJECTION OF TOTAL EXPORTS OF READYMADE
GARMENTS
Year Expected value
2013-2014 191744.82
2014-2015 215945.74
2015-2016 240146.66
2016-2017 264347.58
2017-2018 288548.5
INTERPRETATION:
From the above table it is analysed that the total value of Readymade garments
in the year 2003-2004 was Rs.-50264.38. During 2004-2005 the decline value got
reduced and from 2005-2006 onwards there was a positive improvement till 2013 and
it is expected to increase in the upcoming years.
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CHART.NO: 4.17
TREND ANALYSIS OF TOTAL EXPORTS OF READYMADE GARMENTS
-100000
-50000
0
50000
100000
150000
200000
Trend
Year
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TABLE.NO: 4.18
TREND CALCULATION OF TOTAL EXPORTS OF JUTE & JUTE
MANUFACTURING
Year Value (y) x xy x yc
2003-2004 1114 -4 -4456 -16 -1248.36
2004-2005 1241 -3 -3723 -9 -561.32
2005-2006 1312 -2 -2624 -4 125.72
2006-2007 1178 -1 -1178 -1 812.76
2007-2008 1319 0 0 0 1499.8
2008-2009 1376 1 1376 1 2186.84
2009-2010 1033 2 2066 4 2873.88
2010-2011 2092 3 6276 9 3560.92
2011-2012 2226 4 8904 16 4247.96
2012-2013 2107 5 10535 25 4935
TREND CALCULATION OF TOTAL EXPORTS OF JUTE & JUTE
MANUFACTURING
Year Expected value
2013-2014 5622.04
2014-2015 6309.08
2015-2016 6996.12
2016-2017 7683.16
2017-2018 8370.2
INTERPRETATION:
From the above table it is analysed that the total value of jute & jute
manufacturing in the year 2003-2004 was Rs.-1248.36. During 2004-2005 the decline
value got reduced and from 2005-2006 onwards there was a positive improvement till
2013 and it is expected to increase in the upcoming years.
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CHART.NO: 4.18
TREND ANALYSIS OF TOTAL EXPORTS OF JUTE & JUTE
MANUFACTURING
-2000
-1000
0
1000
2000
3000
4000
5000
6000
Trend
Year
yc
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TABLE.NO: 4.19
TREND CALCULATION OF TOTAL EXPORTS OF COIR & COIR
MANUFACTURING
Year Value (y) x xy x yc
2003-2004 357 -4 -428 -16 -996.26
2004-2005 474 -3 -1422 -9 -572.62
2005-2006 590 -2 -1980 -4 -148.98
2006-2007 660 -1 660 -1 274.66
2007-2008 645 0 0 0 698.3
2008-2009 681 1 681 1 1121.94
2009-2010 760 2 1520 4 1545.58
2010-2011 726 3 2178 9 1969.22
2011-2012 1018 4 4022 16 2392.86
2012-2013 1072 5 5360 25 2816.5
TREND CALCULTATION OF TOTAL EXPORTS OF COIR & COIR
MANUFACTURING
Year Expected value
2013-2014 3240.14
2014-2015 3663.78
2015-2016 4087.42
2016-2017 4511.06
2017-2018 4934.7
INTERPRETATION:
From the above table it is analysed that the total value of jute & jute
manufacturing in the year 2003-2004 was Rs.-996.26. During 2004-2005 the declined
value got reduced and from 2006-2007 onwards there was a positive improvement till
2013 and it is expected to increase in the upcoming years.
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CHART.NO: 4.19
TREND ANALYSIS OF TOTAL EXPORTS OF COIR & COIR
MANUFACTURING
-1500
-1000
-500
0
500
1000
1500
2000
2500
3000
3500
trend
year
yc
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TABLE.NO: 4.20
TREND CALCULATOR OF TOTAL EXPORTS OF CARPETS
Year Value (y) X Xy x2 Yc
2003-2004 2691 -4 -10764 -16 -25322.3
2004-2005 2860 -3 -8580 -9 -18028.7
2005-2006 3775 -2 -7550 -4 -10735.1
2006-2007 4199 -1 -4199 -1 -3441.5
2007-2008 3798 0 0 0 3852.1
2008-2009 3565 1 3565 1 11145.7
2009-2010 3482 2 6964 4 18439.3
2010-2011 4718 3 14154 9 25732.9
2011-2012 4071 4 16068 16 33026.5
2012-2013 5362 5 26810 25 40320.1
TREND CALCULATOR OF TOTAL EXPORTS OF CARPETS
Year Expected value
2013-2014 12604.42
2014-2015 14063.14
2015-2016 15521.86
2016-2017 16980.58
2017-2018 18439.3
INTERPRETATION:
From the above table it is analysed that the total value of jute & jute
manufacturing in the year 2003-2004 was Rs.-25322.3 and it is expected to increase
in the upcoming years.
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CHART.NO: 4.20
TREND CALCULATOR OF TOTAL EXPORTS OF CARPETS
-30000
-20000
-10000
0
10000
20000
30000
40000
50000
Trend
Year
yc
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TABLE NO: 4.20 (A)
TREND CALCULATOR OF TOTAL EXPORTS OF CARPETS
HANDMADE
Year Value(y) X xy x yc
2003-2004 2571 -4 -10284 -16 -2223.56
2004-2005 2732 -3 -8196 -9 -722.32
2005-2006 3671 -2 -7342 -4 778.92
2006-2007 4067 -1 -4067 -1 2280.16
2007-2008 3726 0 0 0 3781.4
2008-2009 3506 1 3506 1 5282.64
2009-2010 3442 2 6884 4 6783.88
2010-2011 4707 3 14121 9 8285.12
2011-2012 4051 4 16204 16 9786.36
2012-2013 5341 5 26705 25 11287.6
TREND CALCULATION OF TOTAL EXPORTS OF CARPETS HANDMADE
Year Expected value
2013-2014 12788.84
2014-2015 14290.08
2015-2016 15791.32
2016-2017 17292.56
2017-2018 18793.8
INTERPRETATION:
From the above table it is analysed that the total value of jute & jute
manufacturing in the year 2003-2004 was-2223.56 and it is expected to increase in the
upcoming years.
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TABLE NO: 4.20 (B)
TREND CALCULATION OF TOTAL EXPORTS OF SILK CARPETS
Year Value(y) X Xy x yc
2003-2004 120 -4 -480 -16 204.62
2004-2005 127 -3 -381 -9 171.14
2005-2006 103 -2 -206 -4 137.66
2006-2007 132 -1 -132 -1 104.18
2007-2008 72 0 0 0 70.7
2008-2009 59 1 59 1 37.22
2009-2010 41 2 82 4 3.74
2010-2011 12 3 36 9 -29.74
2011-2012 20 4 80 16 -63.22
2012-2013 21 5 105 25 -96.7
TREND CALCULATION OF TOTAL EXPORTS OF SILK CARPETS
Year Expected value
2013-2014 271.58
2014-2015 305.06
2015-2016 338.54
2016-2017 372.02
2017-2018 405.5
INTERPRETATION:
From the above table it is analysed that the total value of Silk carpets in the
year 2003-2004 was204.62. During 2004-2005 the value was decreased to Rs.171.14,
and there was further decrease in the following year till 2013 and it is expected to
increase in the upcoming years.
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CHART.NO: 20 (B)
TREND CALCULATOR OF TOTAL EXPORTS OF SILK CARPETS
-150
-100
-50
0
50
100
150
200
250
Trend
Year
yc
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F INDI NGS AND SUGGESTIONS
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CHAPTER-V
5.1 FINDINGS
The Growth Rate of total exports of Indian textile & textile industry was high
during 2009 2010 with 41.4% and the trend shows that it was high during
2012 2013 with Rs.91183 crores and it is expected to increase in the
upcoming years.
The growth rate of total exports of cotton yarn, a fabric made-up was high
during 2010 2011 with 50.9% and the trend shows that it was high during
20132013 with Rs.94074.6 crores and it is expected to increase in upcoming
years.
The growth rate of total exports of natural silks, yarn fabrics madeups etc.,
was high during 2010 2013 with Rs.1634.7 crores and it is expected to
increase in upcoming years.
The growth rate of total exports of manmade yarn, fabrics man made was high
during 2011 2012 with 24.6% and the trend shows that it was high during
20122013 with Rs.62867.2 crores and it is expected to increase in upcoming
years.
The growth rate of total exports of manmade staple fiber was high during 20062007 with 45.5% and the trend shows that it was high during 2012 2013
with Rs.7128.8 crores and it is expected to increase in upcoming years.
The growth rate of total exports of wollen yarn, fabrics madeups was high
during 20112012 with 44.7% the trend shows that it was high during 2012
2013 with Rs.656.3 crores and it is expected to increase in upcoming years.
The growth rate of total exports of readymade garments was high during 2005
2006 with 29.6% and the trend shows that it was high during 2012 2013with Rs.167543.9 crores and it is expected to increase in upcoming years.
The growth rate of total exports of jute & jute manufacturing was high during
2010 2011 with 12.5% and the trend shows that it was high during 2012
2013 Rs.4935 crores & it is expected to increase in the upcoming years.
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The growth rate of total exports of coir & coir manufacturing was high during
20112012 with 40.2% and trend shows that it was high during 2012 2013
with Rs.2816.5 crores & it is expected to increase in upcoming years.
The growth rate of total exports of carpets was high during 2010 2011 with
35.4 and trend shows that it was high during 2012 2013 with Rs.40301.1
crores and it is expected to increase in upcoming years.
The growth rate of total exports of carpet handmade was high during 2010
2011 with 36.7% and the trend shows that it was high during 2012 2013
with Rs.11287.6 crores & it is expected to increase in upcoming years.
The growth rate of total exports of silk carpets was high during 2011 2012
with 66.6% and the trend shows that it was high during 2003 2004 with
Rs.204.62 & it is expected to increase in upcoming years.
5.2 SUGGESTIONS
Compared with the textile products, the gap between Indias textile & textile
products and export performance in textile market is unreasonably wide.
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CONCLUSION
CONCLUSION
The Indian textile industry has a significant presence in the Indian economy
as well as in the international textile economy. Its contribution to the Indian economy
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is manifested in terms of its contribution to the industrial production, employment
generation and foreign exchange earnings. The industry also contributes significantly
to the world production of textile fibres and yarns including all textile products. In
the world textile scenario, it is the largest producer of jute, second largest producer of
silk, third largest producer of cotton and cellulosic fibre\yarn and fifth largest
producer of synthetic fibre\yarn. The objective was to analyse the growth rate of
export of Indian textile sector for the past 10 year period and the future trend of
Indian textile exports for the succeeding 5 year period. The growth rate of total
exports of manmade staple fibre was high during 2006 2007 with 45.5% and the
trend shows that it was high during 2012 2013 with Rs.7128.8 crores and it is
expected to increase in upcoming years. As compared to textile export, the growth of
textile is low for this purpose. If there is government support, there is a chance for
textile industry to develop their market and these industries can train all who would
contribute substantially to the aim of textile goals of the country.
Textile Industry is providing one of the most basic needs of people and the
holds importance; maintaining sustained growth for improving quality of life. The
Government of India has also included new schemes in the Annual Plan for 2007-08
to provide a boost to the textile sector. These include schemes for Foreign Investment
Promotion to attract foreign direct investment in textiles, clothing and machinery etc.
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BIBLIOGRAPHY
BIBLIOGRAPHY
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REFERENCE
Verma, journal impact of Indian textile industry(2001)
pg.no.202
Simpson & Shetty, journal study on Indian textile
industry(2001) pg.no.148
Bachi,journalevalution of Indian textile market (2002)
pg.no.126
Meenakshi,journal opportunities provided by indian
textile(2003) pg.no.115
Trivedi, journal growth & achievement of textile industry
(2005) pg.no.128
Chugan,journalemphasis of Indian textile (2005) pg.no.140
Kumar,journalshighlights of Indian textile markets(2006)
pg.no.90
Elasayeed kulich, lake & megahed, journal opportunities for
Indian textile(2006) pg.no.138
Chaudhary journal study on productivity of Indian textile
market(2006) pg.no.158
Bedi, journal report on Indian textile market (2009)
pg.no.240
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