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PROFILE  
 
 
 
Transforming India's Textile & Apparel Industry

                         

Textiles - Apparel - Fashion - Synthetic Fibres & Filament Yarns - Textile Machinery & Technologies - Accessories & Components - Dyestuffs & Chemicals

Transforming India’s Textile and Apparel Industry to Attain $350 Billion Output by 2025

Textile India Progress is a journal, dedicated to the overall textile industry, including standalone spinning mills, integrated textile mills, powerloom and handloom sectors. The monthly journal’s objective is to espouse the cause of the Indian Textile and Apparel Industry. The journal is in regular dialogue with textile leaders and Government of India, with a view to fructifying the National Textile Vision document and National Textile Policy, which has set the target for Indian Textile and Apparel Industry to grow from currently $110 billion to $350 billion by 2025 (domestic $200 billion and export $150 billion).


With this ambitious target, textile industry can alter the job scenario and manufacturing landscape thereby fulfilling Prime Minister’s Vision to put textile segment as part of “Make in India” program. It is possible to attain this ambitious target, but difficult to implement many of the innovative ideas. These innovative ideas can be successfully implemented with the co-operation of Industry and Government of India. Traditional millowners need to change their mind set of running only spinning units and they must put up processing plants, going for forward integration.


India is exporting cotton yarn, spun yarn and polyester filament yarn together accounting for $7 billion and if India exports processed fabrics, the value addition will be $35 billion, which is five times the value of yarn exports. If India exports garments, the value addition will be $70 billion, which is ten times the value of yarn exports.


Textile India Progress objective is to work with the Government of India and Textile Corporate Leaders, with a view to contribute its innovative ideas, with the objective of exporting from India value added products, like processed fabrics and garments. The journal believes that if its suggestions are accepted we can attain $350 billion textile and apparel output by 2025, from current $110 billion textile and apparel output. The journal also is hopeful of increasing India’s textile exports, if we focus on exporting value added products, rather than cotton yarn, spun yarn and polyester filament yarn.


Mr Raju Chandran, Managing Editor, Textile India Progress has submitted a Pre-Budget Memorandum dated 11 November, 2014 to Prime Minister of India. Prior to this, Mr Santosh Kumar Gangwar, Minister of Textiles, Government of India invited Mr Raju Chandran on 12 September, 2014. Later on, at the Confederation of Indian Textile Industry (CITI’s) Asian Textile Conference on 22 September, 2014, about 500 businessmen interacted, with Senior Officers of Government of India, in which Mr Raju Chandran was also invited to participate. Textile India Progress is confident that under the leadership of His Excellency, Mr Narendra Modi, Prime Minister of India, it is possible to attain Government of India’s ambitious target of $350 billion textile and apparel output by 2025 and Textile India Progress has offered its support to Government of India and India’s Corporate Textile Leaders.

 
 
     
 
LETTER FROM PUBLISHER  
 
 
  January 2018    
 
 
 
We wish our readers a Happy and Prosperous New Year
 
Textile India Progress has been contributing its Ideas and Recommendations to Government of India, ever since the first meeting of Mr Raju Chandran, Managing Editor, Textile India Progress, with Mr Santosh Kumar Gangwar, Honourable Minister of State for Finance, in January, 2015. Government of India, has in the last three years, implemented numerous recommendations made by Textile India Progress.
 
Textile India Progress has submitted its Pre-Budget Memorandum 2018-2019 to Mr Arun Jaitley, Honourable Finance Minister, Government of India, Smt Smriti Zubin Irani, Honourable Information and Broadcasting and Textiles Minister, Government of India, Dr Hasmukh Adhia, Secretary, Finance, Government of India and Mr Anant Kumar Singh, Secretary, Textiles, Government of India. Mr Raju Chandran has urged Mr Arun Jaitley to:
 
1. Reduce GST rate on Man Made Fibres from 18% to 12%
2. Take necessary steps to Curb Textile Imports by Increasing Import Duty on MMF Yarn, Garments and Cotton Fabrics
3. Set up Integrated Textile Parks, near Sea Coast, to realise Value Added Opportunities
4. Increase subsidy for all categories of Textile Exports
5. Focus on Manufacturing Value Added Products – Automobile, Construction and Medical Textiles
 
We mentioned that Indian textile industry has an exponential growth potential and Indian entrepreneurs must focus on value added opportunities. We are Grateful to Government of India, Ministry of Finance and Ministry of Textiles, for asking us to submit our Ideas and Recommendations. We have requested Government of India, Ministry of Finance and Ministry of Textiles to implement our above Recommendations in Union Budget 2018-2019, for rapid growth of Indian textile industry.
 
At a glittering function attended by more than 50,000 staff and families of Reliance Industries Ltd, Mr Mukesh D. Ambani, Chairman and Managing Director, of the company said that in its first four decades the company has already achieved global and national leadership position in its various businesses and therefore, well positioned to accomplish even greater goals in its golden decade. Amidst thunderous support from the audience, Mr Ambani articulated his five point dream that he would like Reliance to be among the top 20 companies in the world. We are pleased to cover extracts of the proceedings of Reliance Family Day Function.
 
Liva Portege is a unique talent hunt competition, which gives young fashion designers an opportunity to showcase their talent. Mr Dilip Gaur, Business Director, Pulp and Fiber Business, Aditya Birla Group and Managing Director Grasim Industries Ltd, said “In line with the Aditya Birla philosophy of nurturing and promoting young talent, we embarked on the Liva Portege initiative. The vision is to have young designers sculpt their designs in manifold ways for Liva and also provide them a launch platform for their future enterprise”. We are pleased to publish details  of Liva Portege, a unique talent hunt competition.
 
Mr Anil Kumar Jain, Executive Chairman, Indo Count Industries Ltd, received the Gold Trophy from Texprocil recently, for the highest exports from India for the year 2016-2017 in Bed Linen. Indo Count Industries Ltd is on a high growth trajectory and is well on track, to attain 90 million metres of home textile fabrics, as the company has almost incurred its capital expenditure for expansion, which is now under implementation.