During the year 2017-18 the countries real GDP has increased from 121.96 lakh crore to 130.11 lakh crore, growing at a growth rate of 6.7% compared to FY 17. The average index of industrial production of textiles has declined by 0.5% while IIP for apparel has declined by 11% during the financial year 2017-18 when compared to previous year. While, the average of wholesale price index for textiles has shown as increase of 2% during the same period.
There was an addition of one spinning mill each in the Non-SSI and SSI sectors, while there was no addition of mill in the exclusive weaving sector during the year 2017-18. The number of spinning mills in the Non-SSI and SSI sector at the end of March 2018 stood at 1804 and 1353 respectively. The number of composite mills in these sectors stood at 212 and the number of exclusive weaving mills stood at 175.
The number of spindles in the Non-SSI and SSI sectors stood at 47.14 and 5.33 million and the number of rotors stood at 5.87 and 2.89 lakhs respectively. The number of looms in the composite mills of these sectors and exclusive weaving mills stood at 53641 and 15099.
The domestic textile and apparel market is estimated to be US$ 100 billion in 2018-19 and has grown at a CAGR of 10% since 2005-06. Apparel demand at US$ 74 billion has dominated the domestic market with approximately three-fourth share of the total textile and apparel market.
The growth in the disposable income of the middle and lower middle class sections of thesociety has led to continuous growth of demand of textile and apparel in India. This growth indemand is expected to continue at 12% CAGR to reach US$ 220 billion by 2025.
India’s textile and apparel exports are estimated at US$ 39 billion in the financial year 2018-19. The exports have grown at a 6% CAGR since the year 2005-06. India’s textile andapparel exports are expected to expand to US$ 80 billion by the year 2015, growing at aCAGR of 10%. Apparel is the largest exported category with a share of 46% in the textile andapparel exports.
Power is a major cost for textile Industry. The tariff of DISCOM has been steeply revised from Rs.6.50 per unit to Rs.7.30 per unit, which is exorbitantly high. The members had option to buy Power at reasonable cost through Open access; however this option has also been rendered unviable by levy of additional surcharge of Rs 0.8 per unit w.e.f 01.05.2016 and increase in cross subsidy surcharge @ Rs.1.45 per unit w.e.f 1st December 2016.This combined additional burden amounting to Rs.2.25 per unit have dealt a heavy blow on Textile Industries of Rajasthan. RTMA is actively pursuing this matter with state govt. andState Electric Commission and National Commission (APTEL) to reduce the charges.
The ongoing RIPS – 2014 on 8.10.2014 will remain in force up to 31.3.2021. The scheme provides attractive interest subsidy, Electricity duty exemption and other concessions. The scheme has generated substantial investments in textiles sector in the state.
RTMA is regularly contributing its share is implementing the project in Rajasthan & has given its consent for implementation of the project for the year 2018-19 also.
The Directory 2019 – the 26th series – provides details about each member mills in regards toinvestment, consumption in raw material, production, import, export etc. along with theaddress, telephone and fax number and e-mails address of the offices and officers inRajasthan and the Country, related to the textile industry. Thus it has become good reference book for research and marketing of the goods and machinery relating to the textile industry. It provides a wealth of information to the research in respect of various expected textile industry.
The Directory has been highly appreciated by both, the organizations finding place in it and users. It is hoped that it will be received with ovation, like its past numbers, by the industrialists, traders, Govt. departments and researchers in the field of Textiles.
The Rajasthan Textile Mills Association