Page 29 - CII Artha Magazine 2022
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through FTAs textile players can move cutting edge product
SECURING A 1 PER (competing countries towards zero carbon innovations & branding.
CENT MARKET SHARE have selective market footprint in their power
FROM CHINA WOULD access) consumption.
ENTAIL A US$10 b. Attract large global Textiles: An
BILLION OPPORTUNITY garmenting champions 6) Reduce cost of
FOR THE COUNTRY by offering large scale investments: To reduce our important
WHICH IN TURN plug and play dependence on expensive contributor to
WOULD CREATE JOBS infrastructure that can imports of textiles
support labour machinery, industry should employment
mobilisation be incentivized to develop
(dormitories), effluent a local machine The labour-intensive textile
treatment plants and manufacturing base and and apparel industry (T&A),
sheds. The MITRA parallelly allow certain with its low skill requirement,
scheme should be high-tech machinery to has emerged as the biggest
implemented to come into the country employer after agriculture.
address this need with lower duties. The industry provides direct
c. Flexible labour laws 7) Embrace industry 4.0: India employment to over 45
across the country should use the opportunity million people while an
d. PLI like scheme to help to digitize the entire value additional 60 million people
are associated with allied
new entrants scale up chain to ensure higher activities, thereby making it
Government Technology Upgradation relating to skills, productivity, in this industry. transparency in raw the second largest employer
material procurement and
production costs and lead
Scheme, among others.
after agriculture.
Policies The government is also times. Detailed suggestions 3) Make India a hub for at the same time improve
the use of IoT and analytics
fabrics: Countries like
for building a robust textile
working towards forging new sector are given as under: Bangladesh and Vietnam to build efficiencies across Additionally, the textile and
garments industry offer
the value chain.
Recognizing the immense trade agreements with are quickly scaling up their immense opportunities for
potential of the industry to importing countries and 1) Diversify product basket: garment industries but are 8) Reduce Turnaround time: employment of women
dependent largely on
promote inclusive growth, the making policy changes to India needs to diversify China for fabrics. By There is need to reduce workforce in apparel
government has, over the years, optimize key factor costs beyond its core strength in improving logistics and the turnaround time by factories thereby helping in
taken wide-ranging measures such as power costs to spur cotton textiles towards market access to such 5-10 days to help improve women empowerment.
to bolster the performance of growth in the industry. But manmade fibers (MMF) countries, India can attractiveness of India as a According to Invest India, the
the sector. Steps have been not withstanding this, more which comprises more become the fabric hub of production hub. T&A industry has the
than 60 per cent of the
taken to help industry take needs to be done to help global trade. To improve South Asia and thereby capability to generate 70 jobs
advantage of positive realize the full potential of this our share in manmade gain a large market share 9) Focus on Skill development: for every Rs1 crore invested,
developments such as sector on the global platform. fibers, the government has There is need for large as compared to 12 jobs
dominance of home textiles recently rolled out the PLI 4) Help India retain its reskilling of agrarian labour created on an average in
and favorable geopolitical Suggestions scheme. The scheme position in cotton: India and the female labour pool other industries.
undercurrents such as the should also, over time, should aim to become the for use in the textile sector.
strategy, which would benefit for Achieving extend to include lowest price producer of Government schemes on A recent CII report has
China Plus One sourcing
2
reskilling especially in
indicated that clear
cotton for which it should
the sector. This has resulted in upstream segments of the invest in the latest seed surplus labour states in opportunity exists for textile
value chain.
the launch of multiple schemes a Globally technologies and keep central and eastern India exports from India as textile
such as Remissions of Duties 2) Scale up garmenting: It is improving the yield/hectare will be critical to achieve brands and retailers are
and Taxes on Exported Competitive critical to scale up the to increase their this level of labour trying to de-risk their supply
Products (RoDTEP), garments sector as the realizations. mobilisation. chain by looking at
production linked incentive Textile Sector world is moving to a much alternative hubs. Securing
scheme to promote faster turn-around in the 5) Establish India as the most To conclude, a conducive and even a 1 per cent market
manufacturing in man-made To help industry realize its full clothing industry and sustainable T&A producer: receptive policy environment share from China would
fiber garments and fabrics as potential and become globally countries need to provide To establish its would go a long way in entail a US$ 10 billion
helping the Indian textiles
well as technical textiles, setting competitive, it is important to end-to-end garment sustainability credentials sector to weave a new path opportunity for the country
up of Mega Textile Parks, Mega strengthen the value chain of solutions. The following will and reduce the cost of and achieve breakaway which in turn would create
Integrated Textile Region and textiles and apparel as well as be required to support power, India should allow growth in production and jobs. The PLI scheme of the
Apparel (MITRA), flexible labor facilitate market access of the global scale garment renewables to be used for exports on the back of government for manmade
laws, GST slab of under 5 per sector to key export hubs. companies in India the textile industry. This sustainable competitive fibres and technical textiles
will require state
cent for most segments, capital Additionally, efforts should be a. Market access to large governments to provide advantage driven by would also give a boost to
investment subsidy on new made to address constraints consuming economies banking facilities without conducive policies, employment generation.
machines, Amended like the UK, EU and US any usage caps so that manufacturing excellence,
2 ‘Creating a competitive advantage for India in the global textiles and apparel industry’ (CII & AT Kearney Report, Oct 2021)
28 ANALYSIS, RESEARCH, THOUGHT LEADERSHIP & ADVOCACY ANALYSIS, RESEARCH, THOUGHT LEADERSHIP & ADVOCACY 29
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