TEXTILE INDUSTRY

TEXTILE INDUSTRY

India is the second-largest producer of textiles and garments in the world. Abundant availability of textile raw materials such as cotton, wool, silk, and jute as well as skilled and cheap workforce have made India a sourcing hub. The Indian textile industry which is currently estimated at around US$ 108 billion is expected to reach the US $ 141 billion by 2021. The Indian textiles industry accounts for about 24% of the world’s spindle capacity and 8% of global rotor capacity.

India’s textile sector is one of the oldest industries in the Indian economy, dating back to several centuries. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, while the capital-intensive sophisticated mill’s sector on the other end. The decentralized power looms/ hosiery and knitting sector forms the largest component in the textile sector. The close linkage of textiles industry to agriculture (for raw materials such as cotton) and the ancient culture and traditions of the country in terms of textiles makes it unique in comparison to other industries in the country. India’s textile industry has a capacity to produce a wide variety of products suitable for different market segments, both within India and across the world.

Geographical distribution of the textile industry

The following are the major textile manufacturing players in India 2020.

  • Panjab
  • Rajasthan
  • Gujarat
  • Madhya Pradesh
  • Maharashtra
  • Karnataka
  • Delhi NCR
  • Uttar Pradesh
  • West Bengal
  • Tamilnadu
  • Andhra Pradesh
  • Telangana

Opportunities in the medical textile industry in India

  • Though India is the second-most populous country, the penetration of medical textiles is very less in India due to factors such as less awareness among people, the cost of products, and the non-availability of many products to common people. But now the usage of medical\ technical textiles is increasing due to the new generation with a higher disposable income, more education, easy access to media/internet.
  • More modern hospitals are coming up, so the growth of medical textiles is proportional by hiked with the growth of the medical business.
  • Increased awareness of Medical insurance. Medical insurance companies insist hospitals maintain a proper environment to reduce the risk of HAI.
  • Cheap labor and abundance of manpower, cheap power compared to many countries can help to manufacture cheaper medical textile products.
  • Schemes such as Swachh Bharat Abhiyan, Ayushman Bharat.
  • M/C manufacturing for medical textiles such as Sanitary napkin making, face mask making m/c, etc have the potential to grow huge.

Following are some medical/healthcare textile products:

Surgical gowns, PPE kits, face masks, hand gloves, diabetic socks, bamboo socks, baby diapers, sanitary napkins, body support textile equipment, Hospital bed sheets & pillow covers, etc. Nowadays, These products are highly in demand due to this COVID-19 pandemic.

Check: Diabetic Socks for sensitive feet by Montac Lifestyle

Akshay M
murmeab@gmail.com

Sr. Exec- Digital Marketing & Ecommerce

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