Retail textile industry in india

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Information about Retail textile industry in india

Published on March 11, 2014

Author: bhatpunith

Source: slideshare.net

RETAIL TEXTILE INDUSTRY IN INDIA PRESENTED BY P.PUNITH KUMAR B.COM(PA)

AN INSIGHT OF THE PRESENTATION • SOME FACTS ABOUT INDIAN TEXTILE INDUSTRY. • FORMS OF RETAIL OUTLETS. • CHALLENGES AND OPPURTUNITIES FOR INDIAN TEXTILES INDUSTRIES.

FACTS ABOUT INDIAN TEXTILE INDUSTRY • INDIA IS BELIEVED TO BE THE BIRTH PLACE OF COTTON GARMENTS. • IT IS ONE OF THE LARGEST AND OLDEST INDUSTRY IN INDIA. • INDIA IS THE SECOND HIGHEST COTTON PRODUCER IN THE WORLD. • ONE IN SIX PEOPLE IS DIRECTLY OR INDIRECTLY DEPENDENT ON THIS INDUSTRY. (i.e=200000000) • 9 MILLION HECTARES OF LAND IS UNDER COTTON PRODUCTION

. • INDIAN TEXTILE INDUSTRY IS WORTH $36 BILLION DOLLARS. • IT IS THE SECOND BEST INDUSTRY WHICH EARNS REVENUE FOR THE GOVERNMENT. • 25% OF THE WORLD’S COTTON EXPORT IS FROM INDIA • ARAVIND MILLS,WELLSPUN INDIA, RAYMOND ARE SOME OF KEYPLAYERS IN INTERNATIONAL MARKET

FORMS OF RETAIL OUTLETS • MOM AND POP STORES. • DEPARTMENT STORES • CATEGORY KILLERS • MALLS. • DISCOUNT STORES. • STREET VENDORS.

CHALLENGES FACED BY RETAIL SECTOR OF TEXTILE INDUSTRY • RIGID INTERNATIONAL STANDARDS. • INEFFICIENT SUPPLY AND DEMAND MANAGEMENT. • LACK OF RECOGNITION BY PEOPLE. • LACK OF RETAIL SPACE.

•CULTURAL DIVERSITY. •HUMAN RESOURCE PROBLEM. •DUE TO HIGH FRAGMENTATION THERE IS AN IMMENSE OPPURTUNITY FOR SLEW OF ORGANISED RETAILERS.

OPPURTUNITIES FOR RETAIL SECTOR OF TEXTILE INDUSTRY • RISING DEMAND FOR TEXTILES IN GLOBAL MARKET. • NEW MARKETING CHANNELS. • DEMOGRAPHIC CHANGES. • PRIVATE LABELS.

• ENHANCING EFFICIENCY IN SUPPLY CHAIN. • LAUNCHING NEW PRODUCTS AND SERVICES. • ENCOURAGING THE CONSUMER TO BUY INDIAN PRODCUTS.

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