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Home Textiles
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The textile industry occupies a unique place
in our country. After China, India is the second most preferred
textile destination.
Our major advantages in textile, overcoming china are easy
availability of raw material, spinning, weaving and garmenting
capabilities.
Most fascinating varieties of yarn, fabric, home textiles,
home furnishings and much more are seen in the bag of this
rich culture. |
The home furnishing industry in India offers a splendid range
of bedspreads, curtains, linen, placemats, cushion covers, table
covers, kitchen accessories, made-ups, bath linen, and other home
furnishings.
A variety of floor coverings such as carpets, durries, druggets,
rugs and namdhas are also immensely popular. Textile Industry is
the second largest employment generator after agriculture. It accounts
for 14% of the total Industrial production and contributes to around
30% of the total exports. With substantial value-addition at each
stage of processing, it gives a major contribution to the country's
economy.
The textile industry has became
an export-oriented unit and earns foreign exchange for the
country besides ensuring reasonable remuneration to the weavers
and artisans involved in these industries.
The major importers of Indian textiles are USA, UK, UAE,
Germany and many more. Home Textiles Bed linen, table linen
and towels dominate India's home textile exports.
Other home textiles that also participate in textile exports
are drapery, cushion covers, and kitchen linen.
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Home textiles have an immense scope in the export market. Many
companies are expanding in the basic home products like bed linen
and towels. Exports of Home textiles, cotton terry towels, madeups
have been increasing significantly too.
Other products like upholstery, curtains, furnishings, cushions
etc also needs due attention. As per the experts the country exported
approximately US"1.2 billion worth of home textiles last year.
Almost 80 percent of overseas shipments are sent to the US and the
European countries.
Though these products are gaining importance in the outside market,
the competition faced by the Chinese is very strong. For now the
going is fine, but India should focus on high value items, where
China does not operate. This will result in higher realizations
and in turn boost the topline of textile companies.
Also government initiative to further boost the export rates of
home textiles have turned out to be a fruitful endeavor. The government
has come up with many plans to provide home textile manufacturers
and exporters with any kind of financial help required by them.
They have also started promotional schemes through exhibitions and
demonstration centers, buyer-seller meets and various other techniques.
There is scope for home textile exports from India, but only if
we can manufacture the right products now. Apart from these the
demand for Indian cotton and silk made ups are also on the popularity
list of the importing countries.
Article Source:
http://www.articletap.com
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