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sions, two very important panel
discussions were held in which
industry experts discussed and
deliberated on key issues.
The current size of the Indian
textile and apparel industry, in-
cluding domestic and exports,
is Rs. 3,29,020 crores. Of this,
the apparel industry is worth Rs.
1,54,000 crores and home textiles
Rs. 15,570 crores. These sectors
are estimated to grow at 11 per
cent and 9 per cent respectively.
The world trade in home textiles
is valued at $74.75 billion, of
which cotton fibre accounts for 49
per cent, followed by man-made
fibres 36 per cent.
Country-wise, China holds 31
per cent market share in home
textiles, followed by India with
4.4 per cent. India also ranks sec-
ond with a market share of 7.25
per cent after China with 28.6 per
cent in the supply of cotton made-
ups. These figures show that in
both the categories there is signif-
icant scope for India to increase
its market share.
The domestic brands in apparels
are also growing and so also the
demand. From the fabrics per-
spective, it is the yarn-dyed which
is moving much faster. More than
85 per cent products are yarn
dyed.
In the home textiles category,
there are many varieties like
kitchenware, gardenware, etc.
There is substantial demand for
such varieties that do not require
heavy investment.
The Indian textile industry, both
in home textiles and apparels, of-
fers high-priced products. Further
value addition can ensure much
higher benefits to the industry.
Value addition is both an impor-
tant opportunity and also a chal-
lenge for the industry.
Mr. Suresh G. Vaidya, a doyen of the Indian textile
industry, was conferred the Lifetime Achievement
Award by the Textile Association of India (TAI),
Mumbai Chapter. The Award was presented by Mr.
A.B. Joshi, Textile Commissioner, at a recently held
function in Mumbai.
Mr. Vaidya, a highly qualified professional having
51 years of experience in textile industry, has to his
credit qualifications, viz., L.T.M., B.Text., C.M.C.,
F.Inst.D. He has worked in different textile mills in
India and overseas for nearly 20 years. In 1979, he
founded the consulting company Vaidya and Associ-
ates offering its expertise in textile and management
consultancy. The company has rendered consultancy
for the last 32 years to the Commonwealth Secretar-
iat, UK, financial institutes and banks in India, Mau-
ritius and South Africa, as well as to entrepreneurs in
India, Bangladesh, Estonia, Indonesia, Mauritius,
Nigeria, Singapore, Togo, Turkey, Uganda and
Zaire.
Mr. Vaidya has been a Director / Member of
the Managing Committee / Governing Council of
nearly 30 reputed public limited companies and
Chairman of Maharashtra State Textile Corpora-
tion Ltd. He has also been a member on the Board
of Studies with various prestigious educational
institutions like VJTI, Shivaji University, Central
University of Rajasthan, School of Fashion Tech-
nology, BTRA, DKTES and University of Mum-
bai.
He was the past President of TAI, Mumbai Unit,
Textile Accessories & Machinery Manufacturers’
Association and a member of the Managing Com-
mittee of AIAI.
home textiles well attended
events
The Textile Magazine
fEBRUARY 2012
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97