Apparel Industry Analysis

Apparel industry analysis, globally as well as domestically.

1. ANALYSIS ON APPAREL INDUSTRY Under the guidance of Dr. Sisir Ranjan Dash

2. Team Presentation Rhitiq Pattnaik 200402100004 Sunanda Priyadarshini 200402100026 Kiran Pattnaik 200402100039

3. To get more insights into the apparel industry. OBJECTIVES To conduct the industry analysis using various indicators.

4. Secondary Analysis Collected data from articles of variours firms related to apparel. Findings and Analysis. RESEARCH DESIGN

5. REQUIREMENT OF APPAREL

6. INTRODUCTION India has been well known for its textiles industry since ancient times. The Indian textiles and apparel industry contributes 2% to the GDP. Apparel  means readymade clothes, especially formal clothes worn on an important occasion. Apparel is one of the basic necessities of the human civilization. Fastest growing industry segment.

7. SEGMENTATION

8. Process of Apparel Manufacturing Design / Sketch Production Pattern Pattern Design Sample Making Cutting Spreading Maker Making Grading Bundling Sewing Inspection Packing Final Inspection Finishing

9. Design / Sketch Pattern Design Sample Making Production Pattern Grading Marker Making Spreading Cutting Bundling Sewing Inspection Finishing Final Inspection Packing

10. SWOT ANALYSIS STRENGTHS WEAKNESSES OPPORTUNITIES THREATS . S W O T Quality of textile, fabric and production. Automation of production processes Industrial training. H igh price because of rapid changes. The bad covering of foreign market. Condition and price of raw materials. Making e-mail catalog. Consumers’ wish for new designs. Production of garments Made-to-Measure. Quick obsolesce of technology Competitors have lower price Competitors have better distribution network.

11. Major Challenges for Apparel Industry Raw Material Issue Inventory Management Issue Production Delay Garment Defects Digitalization

12. Different Apparel Firms Companies Name Annual Sales2020 Annual Sales -2021 Raymond Ltd 3186.39 1752.41 Arvind Ltd 6705.31 4528.54 Alok Industries Ltd 3166.34 3735.31 KPR Ltd 2898.07 2953.64 Sutlej Textile 2379.43 1861.08 Data Source : https://economictimes.indiatimes.com

13. Garment Imports - India Types of Garments 2015-16 2019-20 Cotton Garments 239 464 Synthetic Garments 150 336 Other Garments 191 345 Data Source : Annual Report T&A Industry 2021 – Wazir Advisors

14. Garment Exports - India Types of Garments 2015-16 2019-20 Cotton Garments 8359 8205 Synthetic Garments 3994 3371 Other Garments 4637 3933 Data Source : Annual Report T&A Industry 2021 – Wazir Advisors

15. Apparel Export Globally Country Apparel - Exports China 149.9 Vietnam 33.7 Bangladesh 40.9 Germany 23.8 India 16.2 Italy 23.6 Turky 16.1 USA 5.2 Spain 14.3 France 12 Data Source : Annual Report T&A Industry 2021 – Wazir Advisors

16. Bangladesh’s export takes over India Country 2006-07 (Billion $) 2019-20 (Billion $) India 8.89 15.48 Bangladesh 9.21 27.95 Bangladesh’s labor cost is cheap. Bangladesh has signed free trade agreement with Europe. No strikes takes place as in India. Data Source : : https://www.livemint.com

17. Conclusion India is the largest producer of cotton all over the world so if we focus we can export more globally. We need to have automation in the apparel industry in order use the raw materials more efficiently.

18. Thank You