Gangwar, Minister of State for the Ministry of Textiles of India, said that India’s textile exports are expected to reach US$50 billion this fiscal year. Indian textiles have huge potential, and the government will fully support the expansion of exports to promote the development of the industry. Industry insiders said that after a long period of weakness, India’s textile exports are currently in a promising situation and will grow rapidly in the next 3 to 5 years. The output value of India’s garment industry is approximately 2 trillion rupees (1 rupee is approximately US$0.016). Double.
The Indian textile industry has the advantages of low labor costs, diversified raw materials, traditional design technology and a huge domestic market. A study by the U.S. International Trade Commission believes that India is the world’s second largest producer of textiles and apparel and is the only country capable of competing with China in the textile field. At present, India has introduced new textile policies and development plans that will vigorously promote the development of the textile and garment industry, including investing huge sums of money in building textile industrial parks and building infrastructure centers to improve the competitiveness of textile machinery and other industries.
Invest 13 billion rupees to build 13 textile parks
Earlier, Gangwar said that the Indian Ministry of Textiles hopes to establish 25 to 30 textile parks and several industrial groups to promote the development of the textile industry. Recently, Indian Textile Minister Santosh Kumar Gangwar said that the Indian government has proposed a new textile policy and the department has approved the construction of 13 textile parks in India. “We expect to invest at least 1 billion rupees in each textile park. In addition, the Ministry of Textile will also provide a financial subsidy of 400 million rupees to each textile park.” After the establishment of the park, it is expected that each textile park can create 2,500 to 3,000 new job opportunities, and the textile industry may become India’s second largest employment industry after agriculture.
Gangwar said that the Ministry of Textiles will hold a meeting in the near future to discuss the relevant investment details of India’s textile industry development policy. The government has proposed a new textile industry development policy, aiming to increase the global market share of Indian textiles from the current 4% to 12% in the next 10 years. India’s current national textile industry development policy was formulated in 2000. Since the implementation of the policy, the Indian textile industry has experienced some changes. The new textile policy will still focus on providing sufficient skilled labor for the textile industry, carrying out labor reforms, attracting investment in the textile industry, and promoting the development of the textile and clothing industry. The new policy also includes providing world-class infrastructure for textile industrial parks, promoting the modernization of power looms and handlooms, promoting the ecological development of the Indian textile industry, and providing standards for credit evaluation of the Indian textile industry.
Build a facility center to develop the textile machinery industry
The Indian Cabinet Committee on Economic Affairs (CCEA) adopted a plan called “Improving the Competitiveness of India’s Production Materials”. This plan aims to promote the development of the Indian economy and improve the global competitiveness of India’s production materials. The plan It mainly covers the development of Indian textile machinery, machine tools, construction and mining machinery, etc. This plan is expected to invest 9.3 billion rupees. In addition to building conventional industrial facilities centers, it will also focus on the creation of technological processing of production materials.
This plan will be realized through 5 steps, one of which is to build a “General Engineering Facilities Center” to promote the development of the Indian textile industry. After this center is completed, it will be fully invested in the work of the local textile industry and textile industry associations. , providing convenient infrastructure for enterprises. The center will build a foundry, provide common heat treatment processes, test laboratories, a design center, a prototype research center and some conventional and special textile machinery. The facility center will meet the needs of Indian textile machinery manufacturers and other capital goods manufacturers to produce goods, help them increase capacity utilization and reduce the production costs of enterprises.
Encourage silkworm breeding to improve silk competitiveness
India’s textile industry has a long history, and its spinning, weaving, and printing and dyeing industries have a good foundation for development. In addition, India also attaches great importance to the development of the silk industry. Indian Textile Minister Santosh Kumar Gangwar recently called on Indian rural women to increase sericulture breeding to promote the development of the country’s silk industry at the “Indian Sericulture Women Commendation Conference” in India.
The Ministry of Textiles of India commended 54 female sericulture workers from 27 states in India. They have achieved remarkable results in promoting the increase of sericulture production and using the best methods to improve the productivity of sericulture. Gangwar said that all efforts should be devoted to making India a leading silk producer in the world. He said: “Now, it is time to produce high-quality silk and make Indian silk a truly world-class quality silk.” Indian Textiles The department will also provide technical guidance for enterprises to produce high-quality silk. In recent years, India’s domestic demand for high-quality silk has increased, and the added value of silk in the export market has gradually increased. Therefore, the Ministry of Textiles and the Ministry of Sericulture of India are providing financial support to increase silk production. India is the world’s second largest silk producer. From 2013 to 2014, India’s silk production was 26,480 tons, a year-on-year increase of 11%. From 2014 to 2015, India plans to produce 28,500 tons of silk.
Competition for global cotton supply will take place in the next 3 to 4 years
India’s “Economic Times” pointed out that due to the continued reduction in cotton production in India, India, the world’s second largest cotton exporter, will experience a decline in 3 to 4 years.�Transforming into a cotton importing country will force Indian textile companies to compete with China, the world’s largest cotton importer, for global cotton supplies.
The world’s largest cotton growing countries such as the United States and Australia use machines to pick and plant cotton very densely. However, Indian cotton fields have reserved a lot of space for manual picking. Therefore, although India’s sowing area continues to expand, cotton production has dropped to It is about 475 kilograms per hectare, which is 38% lower than the global average yield. The reduction in cotton planting area in India is not only due to restrictions on cultivated land and fluctuations in weather and prices, but also because the government requires cotton farmers to switch to growing grain in order to curb rising food prices. Sunil Khandelwal, chief financial officer of Indian textile supplier Ailan Industries Co., Ltd., said that India’s cotton surplus situation will disappear in 3 to 4 years, and textile mills will have to import cotton at high prices or choose artificial synthesis. fiber, this situation will force India to compete with its neighbor China for international cotton supplies. Kohandewo said: “We are already competing with Chinese companies for other international resources. In the near future, we may have to compete with them for cotton supplies.”
