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Profiles of Three Leading Indian Exporters of Home Textiles
published in Issue 120, November-December 2005
Home textiles are among the most dynamic export segments in India’s textile industry. By focusing on the US market, India has become the USA’s leading foreign supplier of towels, and one of its top three foreign suppliers of cotton sheets. Its success in home textile exports stems largely from the efforts of a few dynamic companies such as Welspun India, Abhishek Industries and Alok Industries. These companies have become India’s top three home textile exporters and, spurred by their global ambitions and buoyed by their export success, they are in the midst of implementing large expansion programmes.
Welspun India is India’s largest maker and exporter of terry towels, and has emerged as the largest overseas supplier of terry towels to the USA. The company has an aggressive strategy to grow its business by expanding capacity, establishing a subsidiary in the USA, and moving up the value chain by selling innovative and differentiated products. Abhishek Industries is the second largest producer and exporter of terry towels in India. The company has been following a growth strategy for its textile business which is similar to that of Welspun, including an aggressive expansion of capacity, the establishment of subsidiaries in the USA and Europe, and an emphasis on value added terry towels. Alok Industries, a large integrated textile player, entered the home textiles business as recently as 2003 by exporting bed linen. The business has been growing rapidly and has acted as a growth engine for the company. Alok has already emerged as the second largest overseas exporter of bed sheets to the USA.
Six times a year, Textile Outlook International provides up to 200 pages of expert comment and analysis. A subscription provides an overview of the global fibre, textile and apparel industries. It is essential reading for senior executives in the fibre, textile and apparel industries – and for anyone who is not involved in the industry, but needs to quickly gain an understanding of the key issues.
Reports in Textile Outlook International include:
country profiles – providing a comprehensive guide to the textile and clothing industries in a range of countries and regions. The reports include an economic and political profile together with a comprehensive overview of the main issues, plus an outlook for the future.
company profiles – giving you the opportunity to learn from strategies employed by others. Companies profiled recently include retailers, manufacturers, innovators and sourcing companies involved in textiles and apparel as well as smaller companies which illustrate the opportunities for firms which are interested in selected sourcing locations.
trends in world textile and apparel trade and production – taking into account current issues facing the industry – such as global fibre prices; competition from China and other low cost countries; the elimination of quotas and imposition of selective new ones; relocation of production operations; the impact of economic factors affecting trade; international trade agreements; trade promotion agreements (TPAs); and much more.
trends in EU and US imports of textiles and clothing – providing comprehensive statistical data and analysis of the top ten supplying countries to the EU and US markets. These reports are updated each year and contain value and volume data as well as average prices and analyses of trends for up to 15 product categories.
innovations, technological developments, business development opportunities, individual sector analysis and political implications which affect players in the global fibre, textile and apparel industries. Some of the topics which have been covered in recent reports include: new innovations in the textile and clothing industry, such as environmentally friendly textiles, plant based fibres, and developments in textile colorants; innovations in textile machinery; and overviews of the European swimwear, hosiery and lingerie markets.
So whether you are involved in fibres, textiles or clothing – in manufacturing, spinning, weaving, knitting, sewing, import/export, retailing – or if you are in education or consultancy or investment or finance, a subscription to Textile Outlook International will tell you what you need to know about the key trends in the industry.
Textile Outlook International is available on subscription – either in printed format only, or in printed and electronic format. If you choose the printed only option, you will receive 6 printed publications a year, containing a total of 30 reports plus editorials written by Robin Anson, our editorial director and in-house industry expert.
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