The year 2013 was of mixed type for Indian textile industry. On the one hand the mill sector (spinning/weaving) had a good year, the decentralised powerloom weaving sector had one or the other hiccups like power cuts, high tariff in power
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The stability and sustained growth of the Indian textile industry in 2013, amidst the economic crisis that the world has been facing especially in the manufacturing sector, revealed that the industry has gained the strength and maturity over the years to withstand the fluctuations in global trade to any extent.
ndian textile industrys future is looking bright. In the last 8-month, there is a 17 per cent growth in apparel export. In textile fabric, the growth is 18 per cent. Last 3 years were bad for us, but 2013 started working well for the industry.
Year 2013 was the recovery year for Indian textile industry after sluggish financial years 2011 & 2012. The time was greatly supported by worldwide lower cotton prices, lower raw material price volatility, highest cotton crop production in 2012
The year 2013 was of mixed type for Indian textile industry. On the one hand the mill sector (spinning/weaving) had a good year, the decentralised powerloom weaving sector had one or the other hiccups like power cuts, high tariff in power
The stability and sustained growth of the Indian textile industry in 2013, amidst the economic crisis that the world has been facing especially in the manufacturing sector, revealed that the industry has gained the strength and maturity over the years to withstand the fluctuations in global trade to any extent.
ndian textile industrys future is looking bright. In the last 8-month, there is a 17 per cent growth in apparel export. In textile fabric, the growth is 18 per cent. Last 3 years were bad for us, but 2013 started working well for the industry.