INDIAN FASHION INDUSTRY catering TO GLOBAL MARKET

TOPIC- INDIAN FASHION INDUSTRY CATERING TO GLOBAL MARKET

ECONOMIC TERM PAPER PRESENTATION

T HARI KUMAR(131449)SAKASH AGARWAL(131419)HARSHA VARDHAN(131429)RAMESH(133436)VENKAT SAI(131433)

INDIAN FASHION INDUSTRY- INTRODUCTION

GROWTH OF THE PRET SEGMENT

WHERE INDIA IS CAPTURING VALUE TODAY

IN GARMENTS

INDIAN TEXTILE TRADEExports have been a core feature of India’s textile and apparel sector, a fact corroborated by trade figures.

Exports grew to USD33.3 billion in FY12 from USD17.6 billion in FY06, implying a CAGR of 11.2 per cent. FY12 was a particularly good year for the sector, with exports surging at an annual rate of 19.8 per cent

CAGR – COMPOUNDED ANNUAL GROWTH RATE

OUR ACHEIVEMENTS IN SOME KEY AREAS

Figures : In crores

KEY CHALLENGES OF FASHION INDUSTRY

TALENT ORIENTATION, BRAND DEVELOPMENT

BUSINESS ORIENTATION, INDUSTRY STATUS

KEY PLAYERS INDUSTRY

KEY PLAYERS MEMBER WISE

ROHIT BALKIRAN UTTAM GHOS

RITU BERI TARUN TAHILIANI

• Potential for Higher Growth in near future• The Indian Textile Industry contributes 14 per cent of the total

manufacturing to global brands like Nike, Reebok, Pepe Jeans, Armani and Versace for sourcing their merchandise from the country

• expected to grow fromRs.3.27 lakh crore ($70 billion) to Rs.10.32 lakh crore ($220 billion) by 2020

• For the industry to identify and create new mega clusters — Madurai, Mundra, Ambala and Mangalore — having tremendous potential for manufacturing

• The Industry proudly supports 7 million people as a part of its workforce

CONTRIBUTION TOWARDS WORLD AND INDIAN ECONOMY

INDIAN FASHION INDUSTRY STRENGTHS

TECHNOLOGY

FASHION TECHNOLOGY PARK AT MOHALI

AEPC- Apparel Export Promotion Council

THIS CONCEPT INCLUDES

CONCLUDING IT

• Textile Industry- Monopolistic form of market.• In terms of spindle age, the Indian textile industry is

ranked second, after China, and accounts for 23% of the world’s spindle capacity.• Garment Industry- Monopolistic form of market.• Indian Fashion Industry- Oligopoly form of industry.

Source- http://www.dnb.co.in/SMEstextile/overview.asp