Monday, 9 February 2015

Textile industry next big BOOM in indian markets


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The eco system of indian economy has started taking shape from last 6 to 7 months. I feel there is lot of eco structural materials available in the indian textile industry for e.g. there are enough trained workers (they can understand the how to operate the machines in the mills). There are many trained womens they sew the labels , woven labels which are actually required by many national and international brands for e.g NIKE , Levi's , day by day indian fashion industry is acquiring the large market, due to cheap labor available in the indian market. There is a scope to for this industry to take the big shape as compared to current size, If Make in india concept works in india , the machinery required by this industry can be created locally at very cheap cost. India can become the great exports hub for textiles (handmade , woven or machine made). Usually we require the R&D part of the machine making which needs to be done locally in india. If you have any other thoughts on this please keep me some comment. Image courtesy : Wikipedia

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