The Textile And Garment Industry Is The Most Important Manufacturing Industry In India.

< p > in recent years, India's < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > a target= "_blank" href= "_blank" > clothing industry > booming industry. First, the average export growth rate is higher than the global average growth level. Two, the government attaches great importance to solving the problem of labor force employment, three, the policy has been relaxed, and the small textile and garment industrial special zone has been established gradually, so as to expand investment attraction.

India wants to develop the textile and garment industry through the adjustment of China's industrial policies.

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< p > the data released by India Textile Industry Federation said that the textile and garment industry is the most important manufacturing industry in India, accounting for about 12% of the total manufacturing industry in the country.

In 2011, India's textile exports ranked second in the world, and apparel exports ranked third in the world. Export growth in the past 10 years was higher than the global average growth rate. The share of global exports increased from 3.2% in 2000 to 4.2% in 2011. It is expected to reach 5.2% in 2015 and 8% in 2020.

The development of the textile and garment industry has effectively solved the problem of labor employment in India, created 35 million direct jobs, and created more than 45 million indirect jobs.

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< p > India Textile Industry Federation said that the output value of textile and clothing in India in 2012 (including exports and domestic demand) was 80 billion US dollars, which is expected to reach US $120 billion in 2015 and US $205 billion in 2020.

If annual growth rate is calculated, the annual growth rate of exports will be 10% and domestic sales will be 12%.

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< p > because India textile and garment industry has great potential for development, according to the Twelfth Five Year Plan of India, it is estimated that the total investment in India's textile and garment industry will increase by 29 billion 500 million dollars in 2012~2017, which will directly increase the number of employed persons by 3 million and increase the number of indirect employment opportunities by more than 4 million.

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< p > to expand investment promotion, India has established the special economic zone of Brandi J Garment City (BIAC).

BIAC is located in the eastern part of Ande, India, and is the third largest cotton producing area in India.

The park is invested, built and managed by Brandi, the largest clothing company in Sri Lanka. Brandi J's investment in India is mainly about India's advantages in policy environment, land and labor costs.

At present, there are nearly 10 enterprises in the park, and the total number of employees is 12000.

If the demand for workers in the future is more than 25 thousand, the park will also pfer enough labor force from nearby areas according to demand, and it is expected that 60 thousand people will be able to get jobs by 2031.

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< p > according to the analysis, in the future, India will seek development opportunities from the adjustment of China's industrial policies. First, China is striving to increase the added value of products, and will yield some trade share of products with lower added value, such as printing and dyeing, yarn and so on; two, in the field of garment industry, with the increase of labor power and production costs, China's competitiveness will be weakened. Three, in the long run, China's rapid economic growth can not rely on labor intensive industries for a long time.

At present, China's textile and garment exports account for about 36% of the world's trade, while India has only 4%, but in the next 10 years, India will probably seize some of China's share.

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