Chinese Textile Enterprises Invested In India At That Time: Textiles And Clothing Accounted For 4% Of India'S GDP.

< p > textiles and clothing account for 4% of India's GDP, which is the most widely employed industry besides agriculture.

At present, India textile accounts for 6.56% of Global trade, clothing accounts for 3.43% of Global trade, and exports of cotton products dominate.

India is the second largest cotton producer and yarn exporter, and its cotton yarn exports account for 28% of global cotton yarn exports in 2013.

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< p > China is the second largest destination for textile and clothing exports in India, but most of the exports to China are raw materials such as cotton and cotton yarn.

China is the largest source of imports of textiles and clothing in India. India mainly imports high value-added textiles from China.

In 2013, 11% of China's textile and clothing imports came from India, of which 30% of cotton yarn imports came from India, while 45% of India's textile and clothing imports came from China.

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< p > nowadays, < a href= "http://sjfzxm.com/news/index_h.asp" > India < /a > has become a strong competitive country in the cotton textile industry.

First of all, India has obvious advantages in the field of raw materials. India produces 6 million 200 thousand tons of cotton per year, while cotton consumption is only 4 million 200 thousand tons.

In addition, India produces 526 kilograms of cotton per hectare, while the world average is 726 kilograms.

Even if the cotton planting area is reduced, there will still be room for improvement in cotton production in India.

In recent years, investment in India's textile industry has been growing very fast. Despite the rapid growth of yarn production, India cotton can still maintain a surplus. Domestic cotton prices in countries with excess cotton production tend to be lower than the international cotton prices.

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< p > in addition, the India spinning industry has reached the world level. Spinning enterprises have excellent tradition, fast operation speed, high start-up rate and excellent product quality.

India also has a vocational training institution and a school of design skills development. Many high-quality workers have made India textile mills run efficiently.

Improved infrastructure and public facilities, lower labor costs make India enterprises more competitive in production costs.

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< p > textile industry has been shifting from high cost area to low cost area.

With the high cost of production in China, low-end products will be produced more and more outside China. Just as European textiles gradually enter China from low end to high end, it is time for low-end textiles to leave China.

India welcomes Chinese yarn customers to invest and purchase in India.

The combination of India textile mill and China textile supply chain can greatly reduce the cost of Chinese textile manufacturers.

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< p > to encourage the development of textiles and clothing industry, the government of India has taken many measures, including 100% foreign direct investment, government investment in the construction of infrastructure and the construction of textile industrial parks. At present, 40 parks have been approved. The government has formulated export promotion programmes, including the encouragement of means of production exports, tariff subsidies and export tax rebates, aimed at eliminating tariff effects at different stages of production.

Using the friendly investment environment of India, the lower processing cost of India, and the establishment of a market alliance with India textile enterprises, the Chinese textile enterprises can enhance their competitiveness.

It is time for Chinese textile enterprises to make use of investment opportunities in India.

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