The Textile Industry – Part II

A brief outlook on The Indian textile industryAt a broader level Indian Textile Industry can be divided into two categories: Organized and Unorganized.Despite India being an emerging economy, the Indian Textile Industry is largely unorganized and still relies largely on traditional means in cloth manufacturing and is also highly labor intensive in nature. The clothes are produced with the help of hands via weaving and spinning methods.The remaining half of the industry is very much organized with high importance endowed on capital intensive production processes. The sector depends on sophisticated mills by way of which technologically superior machines are utilized for mass production of textile products.Further classification of Indian Textile Industry• Textile industry employing fiber derived from man made means or natural cotton.
• Yarn industry using fiber or filament, similar to the man made variety
• Textile industry centered on production of wool, its offshoots and woolen products.
• Textile industry based on production and processing of Jute.
• Textile industry centered on mass production of natural silk and final products from silk
• Handloom Industry
• Handicrafts industry which is primarily unorganized in natureThe textile industry employing fiber derived from man made means or natural cotton.This sector is looked upon as the largest producer of textile products. In terms of employment opportunities, the sector employs maximum number of people in the entire industry which is said to be around a mind-boggling one million workers. According to the latest estimates by Ministry of Textiles, the total number of mills in this particular sector stood at 1818 in number. The total capacity of all these mills total to* 35.37 million spindles and * 0.45 million rotors In between April -December 2009, the production of cloth made from man-made fibre accelerated by 21.3 percent.Spun Yarn industry can further be segregated into two sub-sectors:-• Cotton Yarn Manufacturing industry: The production is directly related to the production of cotton on year-on-year basis, whose production in turn largely depends on the vagaries of nature. Therefore it is widely observed that the rate of production in this sector, more often than not fluctuates.• Non cotton yarn producing industryThe industry is growing at an unprecedented speed for the rate of production in this sector has accelerated on a consistent basis. The period between 1999 and 2005, the capacity of this sector increased between 80 and 93 percent.Organized sector is going through a rough patch and the reason cited being the tweaking of the structural set-up. Of late the weaving sector has been separated from the spinning sector causing the rise of powerlooms of decentralized nature. In the recent years the production capacity of the organized sector plummeted by 0.54 lakh between March 2000 and January 2007.Nonetheless, the organized sector seems to be fairing better than unorganized one with a yearly growth rate of almost 5.4 percent.Yarn industry utilizing fiber or filament can be divided into two divisions:-• Industry type consisting production of cellulosic fibers or filaments
• Industry type consisting production of non-cellulosic fibers or filamentsTextile industry centered on production of wool, its offshoots and woolen products.• Its export oriented
• Production base is mainly located in the rural areas
• Both organized as well as non-organized units dominate this sector.India’s contributes nearly 1.8 percent of total production of wool in the world. This sector is known for its high employment generation capacity. By 2006, twenty seven lakh workers were working in this sector. At a broader level, the total raw wool production in India can be segregated into three major grades:-• Carpet Grade comprising 85% of the total raw wool production
• Coarse Grade comprising 10% of the total raw wool production
• Apparel Grade comprising 5% of the total raw wool productionNonetheless, it has been found that the demand for raw wool in India is more than the output; hence large part of the local demand is met through import of raw wool. Wool is said to be the only natural fibre in which the country has not yet achieved self-sufficiency.The sector also attracts foreign exchange earning from export of woolen products.At present there are 958 woolen units in the country, the majority of which fall in the small scale sectorSome of the exclusive items used in the production of wool fiber in India include: Pasmina and Angora.Textile industry based on the production and processing of Jute.Significant part of Eastern India is into production and processing of Jute, West Bengal in particular. Nearly 4 million farm families depend on it. The industry provides direct employment opportunities to 2.6 lakh industrial workers and another 1.4 lakh people in the allied sectors. In the world market, the contribution of this industry is noteworthy. The export earnings from the sector stand at Rs.1200 crore. In export of final jute products, India bags second position in the entire world. Besides, revenue also comes from government and private orders for packaging purposes.The special features of Jute:-• Natural Fiber
• Biodegradable product
• The fibers can be renewed after use
• Eco-friendly in natureIn India, Raw Jute is manufactured in the following states:-• West Bengal
• Assam
• Bihar
• Andhra Pradesh
• Meghalaya
• Orissa
• TripuraThe total production of raw jute in India is almost 90 to 100 lakh bales. The industry gets good support from the government. The crucial support comes in the form of Minimum Support Price. The support price increased from Rs.910 to Rs.1000Textile industry centered on mass production of natural silk and final products from silkIndia is leading producer of silk in the world, second largest producer to be precise. Of the four varieties produced, Mulberry accounts for 88.7 percent, Eri account for 8.4 percent, Tasar 3.8 and Muga silk 0.6 percent. Its contribution to the total world production of silk is about 18 percent.The rearing and breeding of silk worms as well as the production of raw silk are known as Sericulture. The industry is considered as one of the top cottage industries in India. Over fifty thousand villagers are into silk production. One of the most remarkable aspects of this industry is its labor -intensiveness.The different people involved in Sericulture include:-• The workers who produce silkworm seeds
• Farmers who rear the silkworms
• Workers who are into reeling
• Workers who are into twisting the silk
• Workers who weave the silk
• Workers who spin of silk waste
• Dealers of SilkThe significance of Silk Industry can be outlined as follows:-• Fewer Investments required.
• Return on investment quite high
• Nearly 6 million people employed in this industry.In 2004-05, the amount of silk produced stood at sixteen thousand and five hundred metric tones which scaled up to seventeen thousand and three hundred five metric tones during 2005-06. The foreign exchange earned by the industry in 2005-06 was Rs.3158.16 crore.The silk export items of India include:-• Fabrics
• Waste of silk
• Carpets made up of silkHandloom IndustryHandloom industry occupies second position in terms of livelihood after agriculture. Over the years, this sector’s production has increasedDisadvantages linked to Handloom Industry in India• Technology is outdated
• Production system not organized
• The turnaround is relatively low
• Working capital for this industry is pretty low
• Marketing aspects is almost zero
• Innovation is significantly low.Handicraft industry:Handicraft industry is one of the most traditional industries in India.Special features of this industry include:• Capital requirement is reasonably low
• Provides employment opportunities to large number of people.
• Most of the handicraft items are exported; thereby help earn foreign exchange for the artisans and the country.Nearly 63.81 lakh people were employed by this sector.The total number of people employed in this industry amounts to 63.81 lakhs.

A Business Traveler’s Guide Can Be Your Best Friend

Do you do a lot of traveling? Whether you travel for pleasure or for business this article may be able to benefit you greatly. There are some things you should keep up on if you are an avid traveler. One of the things, which can help you keep up to date on a lot of information, is a business traveler’s guide. In this article we will tell you what the business travelers guide is and why you should never leave home without it.A business travelers guide will keep you informed on airlines and what is going on with them. This way you are always aware of what is going on in your local airports and destination airports you are traveling to. It will tell you which airline is lowering or raising their prices.It will also give you traveler’s tips. It may give you some things you should do and those that you should not. It may offer you helpful advice on what to do or not to do when traveling to certain cities. These offer great information and let you know what is going on at your next destination.There may be a travel blog. It can be on different topics like travel safety for example. It may give you some tips on keeping safe during your travel experience. You can never receive enough tips on safety. There may be something there, which you never thought of.With the travelers guide you will also be able to easily find topics you want to browse. It can be airlines, airports and/or car rentals. It can tell you about flights out of different airports. It may give you information about car rentals. So you can find the best place to rent a car. There are always helpful and instructive topics to choose from.There may be different articles to read on different topics concerning traveling. These can be on a wide array of topics. For example there could be one on ‘How to save room when packing’. Or ‘Green Travel Tips’.There can be videos for you to watch also. One video example might be, ‘How to avoid Jet Lag’. Another one they could have would be, ‘Tips for traveling with a laptop’.There are many sites, which you can go too and read a traveler’s business guide. If you type it in several options will come up. Places like biz-Journals and WHY Go business travels can easily be found. There is also a business traveler’s guide in places like the newspaper. The New York Times has one and a lot of other papers do as well.If you are an avid business traveler or even one who travels for pleasure, the business traveler’s guide will be an advantage for you. It will keep you informed about a lot of your traveling needs. It will also help you find some great traveling deals. It can tell you how to earn points while flying. Tell you about the best hotels in the city you are traveling too. The possibilities seem to be endless.If you have never checked out these business guides, I would advise you to do so before you take your next trip.

Is 2011 Going to Be a Rebuilding Year in the Construction Industry?

Not long ago I was sitting in Starbucks talking to a rather depressed individual who sold floor tiles for the construction trade, most of what he specialized was the tiles under the final flooring. He said he was glad he’d retired back in 2007 and that the building industry just collapsed in late 2008. He said it’s been a tough go ever since, and that he expected things to rebound in 2012 and that 2011 would be the proverbial “rebuilding year” using a sports team analogy. So, is this true, “will 2011 really be a Rebuilding Year in the Construction Industry?”Many believe so, in fact there was a rather interesting article in the Wall Street Journal titled “Recovery In Building Is Forecast For 2011” by A.D. Pruitt (published on October 29, 2010). In the article was cited a McGraw Hill study, but indeed I have to disagree with one of the comments, as they believe that 2011 in the residential building sector will see a strong recovery, greatest increase in percentage in decades. I do not concur, and point to the massive “sludge of foreclosures behind the dam” as another (financial planning and amateur market analyst) acquaintance of mine likes to call it.You see, if we have continued slow recovery, we have will have continued foreclosures, and right now 60% of all residential real estate sales are REOs, foreclosures, or distressed short-sales where the bank and the home owner are in trouble, upside down, and no place to go with it. For a much longer dialogue on this I can recommend that you go to Active Rain, and look at some of the blogs of real estate professionals on the front line and hear what they are saying, along with their attempt to put a positive spin on a continuing “inception” driven nightmare.Yes, I guess you could call 2011 a rebuilding year in the building and construction industry, but it’s going to be another tough grind and if you are a contractor, well, hang tough, it ain’t going to be a pretty one. Please consider all this.