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Indian Textile & Clothing in Post-Quota World
By  : Samar Verma 

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'Indian Textile & Clothing in Post-Quota World: A global comparative perspective'


The first ever International Conference on "Steering Mature Business: A Leadership Challenge to Textile Industry" held on October 3rd and 4th in Ahmedabad, in the once so called Manchester of the East. There were over 200 plus industry leaders and stakeholders from the textile industry present on the occasion. The conference has been organised by Fibre2fashion, the leading global B2B website for the textile, apparel and fashion industry in association with Ahmedabad Management Association; a pioneer in the management movement.


Mr Samar Verma, from IDRC-CDRC, Canada shared his views on 'Indian textiles and apparel in post quota period from a global comparative perspective'. His presentation included statistical data pertaining to the Indian textile sector along with an overview of the global textile and apparel industry.


He was concerned over the fact that, between 1991 and 2008, IT & ITES industry has grown from $500 million to $61 billion in India, 120 times in less than two decades and in the same period, auto industry grew from 2 million vehicles to 11 million vehicles, telecom from 1 billion to 25 billion in size, however, T&C industry grew from $17 billion to just $55 billion and its share in Indias total exports declined from 28 period to 11 percent over the same period.


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 Published On :  Friday, October 23, 2009

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