Strategy for Increasing India’s Share in Global

Transcript:Strategy for Increasing India’s Share in Global:
Strategy for Increasing India’s Share in Global Exports of Made-ups Welspun Group | Textiles April 7, 2015, FICCI 1 Significance of 2015 for Global Textile Industry Emergence of Quota Free World – 1st January, 2005 It’s a decade of Quota Free World. 2 3 Consuming World and Producing World Consuming Countries Producing Countries 4 Global Share of Textile & Made Ups Exports (Excluding Apparel) China has emerged as most competent Textile Economy in Quota Free World. Value of Exports - US$ 218 bn Value of Exports - US$ 338 bn Source: UN Comtrade, Wisedge Analysis 5 6.6% CAGR 5.9% CAGR US$ bn Global Textile Market Global textile and apparel trade recovered in 2013 and is expected to grow @ 6.6% for next 7 years and reach a size of US$ 1.18 trillion by 2020 Source: UN Comtrade, CII Knowledge report and Wisedge Analysis 6 Home textiles / made-ups trade has grown at a steady pace with bed linen having the highest trade share and higher growth in Blankets Steady Growth in Made Ups Global Trade Source: UN Comtrade *Data for 2013 and 2014 is being extrapolated on the basis of CAGR 2005-12 7 Made Ups Exports Leadership - FY2012-13 8 China’s GDP Per Capita GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Source: worldbank.org Agenda Learning from China’s Strategy Shifting International Trade Pattern India’s Strategy 9 Agenda Learning from China’s Strategy Shifting International Trade Pattern India’s Strategy 10 11 Comparison of GDP Per Capita GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Source: worldbank.org China – 2005 to 2015 Global Hub for manufacturing World’s largest manufacturing economy World’s largest exporters of the goods [$2.34 trillion (2014)] World’s largest economy by purchasing power