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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

    yc

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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

    yc

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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

    yc

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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

    yc

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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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