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India’s production, exports of Powerloom fabrics for readymade garments

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FABRIC TRENDS

FABRIC TRENDS

The powerloom sector in India faces several challenges, including competition from cheaper imports, outdated technology, low productivity, and lack of access to finance and technology. However, the government has initiated several measures to support the sector.

Powerloom fabrics are an important component of India’s textile industry, accounting for a significant portion of the country’s fabric production and export.

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India produces a wide range of powerloom fabrics for the readymade garment industry. Some of the popular powerloom fabrics produced in India include cotton, polyester, viscose, silk, and blends of these fibers.

According to the Ministry of Textiles, India produced 64,320 million square meters of powerloom fabrics in 2019-2020. The production of powerloom fabrics has been steadily increasing over the years, with a CAGR of 5.6% from 2014-15 to 2019-20.

India is a major exporter of powerloom fabrics for readymade garments. According to the Export Promotion Council for Handicrafts, the export of powerloom fabrics (including grey, processed, and made-ups) was worth USD 2.55 billion in 2020-21, accounting for

India produced 64,320 million square meters of powerloom fabrics in 20192020, growing with a CAGR of 5.6% from 2014-15 to 2019-20, according to the Ministry of Textiles. According to the Export Promotion Council for Handicrafts, the export of powerloom fabrics (including grey, processed, and made-ups) was worth USD 2.55 billion in 2020-21, accounting for 17.29% of India’s total textile and apparel exports. USA was the largest export market for India’s powerloom fabrics, accounting for 15.41% of the total exports.

17.29% of India’s total textile and apparel exports.

The top export destinations for India’s powerloom fabrics include the USA, the UK, Germany, Italy, and France. In 2020-21, the USA was the largest export market for India’s powerloom fabrics, accounting for 15.41% of the total exports.

The powerloom sector in India faces several challenges, including competition from cheaper imports, outdated technology, low productivity, and lack of access to finance and technology. However, the government has initiated several measures to support the sector, including the Technology Upgradation Fund Scheme, the Amended Technology Upgradation Fund Scheme, and the PowerTex India Scheme, among others. These initiatives aim to provide financial and technological support to the powerloom sector and help it become more competitive in the global market.

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