Report on Nahar Spinning Mill

Chapter I

OVERVIEW OF INDIAN TEXTILE INDUSTRIES

Segments of Indian Textile Industry

Indian Textile Industry can essentially be categorized into two segments:-

1. Organized Textile Industry

2.Unorganized Textile Industry: Unorganized sector is the dominant part in this industry which

mainly utilizes the traditional practices (woven or spun ) in cloth production and hence is labor intensive in nature. This industry is characterized by the production of clothes either through weaving or spinning with the help of hands. The decentralized nature is considered as another important feature of the unorganized textile industry in India.

The other half of the Indian Textile industry is a highly organized one with immense importance on capital intensive production process. This sector is characterized by sophisticated mills where technologically advanced machineries are utilized for mass production of textile products.

Sub- Sect oral Categorization of Indian Textile Industry

➢Textile Industry based on fiber produced through man made means or natural cotton

➢Yarn industry utilizing fiber or filament of the man made type

➢Textile industry involved in the production of wool, its derivatives and final woolen products

➢Production, processing of Jute and the textile industry based on it

➢Textile industry involved in the mass production of natural silk along with derivative and

final products from silk

➢Handloom Industry

➢Handicrafts industry which is basically unorganized in nature

Investment in Indian Textile Industry

The scenario of investment in the Indian textile industry started to change after the inception of the special “Textile Package” during the 2003-2004 budgets. The recommendations made in the budget included the reforms that are required to be made in the fiscal policy of the Indian textile Industry for attracting investment...