When our Editor called us to his office a few months back and told us that us two ‘lucky’ one’s had been chosen to ‘recon’ the Indian textile sector and to compare its progress globally, we realised that finally, us two upstarts had arrived; and our calibre recognised. Visions of the fashion capitals of the world started floating all around us. Which one should be the first one we should hit to really understand the effects of India’s textile sector on global players? Should we travel to New York? Or perhaps Paris & Milan? Maybe London would be a better bet? Or closer home, Tokyo?
The truth hit us hard, too hard. When our cab stopped at the city centre, the searing heat got to us faster than the bill we had run up from New Delhi! We were in Ludhiana! The fact is that if one has to understand which places really drive the Indian textile sector, the names are as unfashionable as they could be. There are basically three belts that drive Indian textiles – the Ludhiana belt, the Tripur belt and the Ahmedabad belt! Punjab, Gujrat and Karnataka in fact contribute a smashing 40% to India’s total textile exports! And this story is about our experiences through these belts with people who can change industry dynamics with just a phone call. And about the fact that 3 years after the textile quotas were abolished, the Indian textile industry is surely dying; waiting for that last bone crushing hit from the sharks of the global textile world, led by the ruthless beast of an animal called China!
How better could you describe it? Walk through any street of Ludhiana, and you’ll see at least one dying textile unit. Ahmedabad – once called the Manchester of India – has seen 65 mills close down in the past two years. The irony is that it wasn’t too long ago that the contagious energy of the blued eyed boys of the Indian textile industry was propelling analysts from all over the world to think big about India.
The truth hit us hard, too hard. When our cab stopped at the city centre, the searing heat got to us faster than the bill we had run up from New Delhi! We were in Ludhiana! The fact is that if one has to understand which places really drive the Indian textile sector, the names are as unfashionable as they could be. There are basically three belts that drive Indian textiles – the Ludhiana belt, the Tripur belt and the Ahmedabad belt! Punjab, Gujrat and Karnataka in fact contribute a smashing 40% to India’s total textile exports! And this story is about our experiences through these belts with people who can change industry dynamics with just a phone call. And about the fact that 3 years after the textile quotas were abolished, the Indian textile industry is surely dying; waiting for that last bone crushing hit from the sharks of the global textile world, led by the ruthless beast of an animal called China!
How better could you describe it? Walk through any street of Ludhiana, and you’ll see at least one dying textile unit. Ahmedabad – once called the Manchester of India – has seen 65 mills close down in the past two years. The irony is that it wasn’t too long ago that the contagious energy of the blued eyed boys of the Indian textile industry was propelling analysts from all over the world to think big about India.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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