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Indian Textile Growth Strong, Moving to Value Addition

The Southern India Mills’ Association (SIMA), based in Coimbatore, India, released data for textile and clothing exports from India for 2017, showing that India’s textiles and clothing exports grew about 5.37%, which was higher than the global growth rate of 3.94%. Indian textile and clothing exports reached US$37.4 billion in 2017 compared to US$35.5 billion in 2016. In a telephone interview, Dr. K. Selvaraju, SIMA secretary general, noted that the future of the Indian textiles sector is good, even amidst challenges. The goal is to move towards more value addition. Tamilnadu is strong in spinning, contributing 47% of total yarn production in India. Selvaraju stated that this is also evident in the strong membership of SIMA, with about 700 members representing the entire value chain from ginning to finished goods sector. The Coimbatore district in Tamilnadu has about 7.2 million ring spindles and 100,000 rotors – much higher than those available in the northern states of Gujarat and Maharashtra.

For the original version including any supplementary images or video, visit http://www.cottongrower.com/cotton-news/indian-textile-growth-strong-moving-to-value-addition/

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