Value addition by weaving, processing & garmenting: CII
18 May '06
5 min read
“With the increasing productivity in cotton and capacity addition in spindlage, Andhra Pradesh has high potential to go up the textile value chain. The State's weaving, processing and garment industry will utilize over 70 percent of the cotton production by 2015, a significant jump from 35-40 percent in 2005,” expects a recent Confederation of Indian Industry (CII) Study on Textiles.
Considering the need for continuous improvement of cotton production in Andhra Pradesh, the third largest cotton producing State that accounts for 15-16 percent of India's total production, CII urges the government to continue its pressure on Monsanto, the major supplier of genetically-modified crop seeds, for further reduction of cotton seed prices. The government must also check the spread of spurious seeds.
The CII Study expects cotton production in the State to grow at CAGR of around 7 percent with the acreage for cotton production increasing and the farmers shifting from cash crops like chilly and tobacco to cotton. The State is expected to adopt efficient ginning methodology and its spindlage is likely to jump four fold to touch 10 million spindles by 2015, the Study estimates.
CII study reiterates that the State's textile sector is expected to be $8 billion industry by 2015 and much of the growth will have to come from large scale value addition through weaving, processing and garmenting. Hence, CII urges the government to provide sops for the manufacture oftechnical textiles, encourage setting up of more auto looms and facilitate setting up of processing units at coastal belts where there is no water scarcity.
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