Spinning - India's Textile Success
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Spinning - India's Textile Success
The government of Gujarat intends to invest - USD 3.28 billion in textile industry in next 5 years which will also help create 1 million jobs in the sector
Gujarat's Contribution
- Largest producer (33%) with production of 93 lac bales in 2012-13 and exporter (60%) of cotton in the country
- 50% of the country's art silk fabric is produced in Surat
- Largest producer of denim in India (65%)
- Highest number of medium and large textile processing houses (over 600)
- Contributes to over one-fourth of the country's technical textile output
- Largest manufacturer of man made and filament fabric
- 2nd largest decentralized power loom concentrating state (50,000 looms (cotton)/8 lakh filament)
Gujarat a leader in textile sector with home to 1,560 medium and largest textile units and having 18 textile-related product clusters.
Gujarat's textile market is estimated to be around USD 25 billion by 2017
- Presence of more than 1,000 Technical Textiles units across all sub-sectors of technical textiles.
- Gujarat's technical textile market is estimated around INR 7737 crore in 2012-13 at current prices.
- Contributes around 10% to the national technical textiles output.
- Gujarat envisions to attract at least 2,000 new units with an investment worth USD 1600 million (INR. 10,000 crore) by introducing technical textile mission.
- Technical textiles of Gujarat will strive to capture 50% of the Indian market.
- Three dedicated textile SEZ are being planned in Ahmedabad.
- Surat Apparel Park, a textile SEZ is already functional.
- Two new Composite Centres for the development of technical textiles to be set up in Ahmedabad and Surat.