Interviews
FICCI moots 2015 policy for textiles & clothing industry
09 Feb '10
6 min read
On fibre consumption, FICCI said that there is need to deepen our fibre consumption which remains very low. Today, the average world per capita fibre consumption is around 10.8 kg and that of India is around 5 to 6 kg only. Whereas, FICCI noted that per capita fibre consumption in China is 14.6 kg, in North America it is 38 kg and in Thailand it is 19.8 kg. Within this, our per capita consumption of man-made fibre remains very low at around 2 kg compared to 12 kg in China and 11 kg in EU, FICCI observed.
The policy should try to achieve higher fibre consumption by increasing domestic textile demand, expanding reach in rural areas and exploring new products, FICCI pointed-out. The target should be to at least double the fibre consumption in next five years. Another main task of this policy would be to align the fibre consumption ratio (ratio of man-made fibre to natural fibre in consumption) of India, which is currently around 40:60, to the world norms (60:40), FICCI stated. Emphasising the need for this, FICCI said that globally market share of cotton decreased from 62.4% in 1960s to 39.5% in 2008. Most of the decline in consumption of cotton occurred in developing countries where the market share of cotton fell from 60% in early 1980s to 35% in 2008. However, in India the market share of cotton has come down from 69% in 1996 to 62% in 2008. FICCI said that in India this ratio is almost the reverse of the world ratio. Long term projections indicate that consumption of other fibres is projected to grow faster than cotton consumption and market share of cotton is expected to decline to 30.5% in 2020, FICCI observed. In this context, FICCI said that it is important to adjust our policies so as to increase the consumption of man-made fibres in the country.
Also, the policy should try to achieve maximum consolidation of small and medium enterprises in the textiles and garment sector so that country can reap the benefits of economies of scale in the global supply chain, FICCI emphasised. Currently, the domestic industry is dominated by small and medium enterprises and a number of them in the unorganised sector. Consolidation will help the industry in realising its true potential, FICCI said. Another important aspect of the policy would be to achieve greater energy efficiency and emission reduction in textile industry. For this, industry would require greater technological support to achieve lower emission and higher energy efficiency targets and to eliminate out dated technologies.
Further, FICCI said that the policy should also aim at indigenisation of high technology textile equipments. Currently, industry is dependent largely on imports of machinery and equipments. Government needs to provide technological support and enhance innovation efforts to encourage domestic production of equipments and machinery.
In order to neutralise the impact of economic crisis on textile sector, the policy should continue some of the policy measures provided so as to maintain steady growth of textiles sector in the long run, added FICCI.
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The policy should try to achieve higher fibre consumption by increasing domestic textile demand, expanding reach in rural areas and exploring new products, FICCI pointed-out. The target should be to at least double the fibre consumption in next five years. Another main task of this policy would be to align the fibre consumption ratio (ratio of man-made fibre to natural fibre in consumption) of India, which is currently around 40:60, to the world norms (60:40), FICCI stated. Emphasising the need for this, FICCI said that globally market share of cotton decreased from 62.4% in 1960s to 39.5% in 2008. Most of the decline in consumption of cotton occurred in developing countries where the market share of cotton fell from 60% in early 1980s to 35% in 2008. However, in India the market share of cotton has come down from 69% in 1996 to 62% in 2008. FICCI said that in India this ratio is almost the reverse of the world ratio. Long term projections indicate that consumption of other fibres is projected to grow faster than cotton consumption and market share of cotton is expected to decline to 30.5% in 2020, FICCI observed. In this context, FICCI said that it is important to adjust our policies so as to increase the consumption of man-made fibres in the country.
Also, the policy should try to achieve maximum consolidation of small and medium enterprises in the textiles and garment sector so that country can reap the benefits of economies of scale in the global supply chain, FICCI emphasised. Currently, the domestic industry is dominated by small and medium enterprises and a number of them in the unorganised sector. Consolidation will help the industry in realising its true potential, FICCI said. Another important aspect of the policy would be to achieve greater energy efficiency and emission reduction in textile industry. For this, industry would require greater technological support to achieve lower emission and higher energy efficiency targets and to eliminate out dated technologies.
Further, FICCI said that the policy should also aim at indigenisation of high technology textile equipments. Currently, industry is dependent largely on imports of machinery and equipments. Government needs to provide technological support and enhance innovation efforts to encourage domestic production of equipments and machinery.
In order to neutralise the impact of economic crisis on textile sector, the policy should continue some of the policy measures provided so as to maintain steady growth of textiles sector in the long run, added FICCI.
Click here to read more details:
Federation of Indian Chambers of Commerce and Industry (FICCI)
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