Powerloom Industry and Exports in India

Introduction

The powerloom industry has traditionally been a cornerstone of the Indian economy in terms of foreign exchange earnings and employment. Powerlooms contribute around 70 per cent of the total jobs in the textile industry, employing around 6.5 million people. The powerloom industry is equipped with approximately 2.701 million registered looms producing 54,000 square meter fabrics, which are concentrated in clusters across Erode, Salem, Madurai, Ichalkarnaji, Solapur, Bhiwandi, Bhilwara and Malegaon, among others.

KEY MARKETS AND EXPORT DESTINATIONS

Apart from the US and the EU, which account for about two-thirds of India’s textile exports, China, the UAE, Vietnam, Sri Lanka, Saudi Arabia, the Republic of Korea, Bangladesh, Turkey, Pakistan, and Brazil are some of the major markets for these exports.

India’s powerloom production during April 2017 to August 2017 was 16,119 million square meters.

Approximately 4.418 million people are employed in this industry.

In India, Powerloom sector contributes to 57 per cent of the total cloth production and more than 60 per cent of fabric meant for export is also sourced from this sector.

The domestic textile and apparel market is witnessing strong growth due to a rapid increase in organised retail and disposable incomes; the market is estimated to reach US$ 141 billion by 2021.

POWERLOOM DEVELOPMENT AND EXPORT PROMOTION COUNCIL

The Powerloom Development and Export Promotion Council (PDEXCIL) is the nodal agency for the development and promotion of exports of powerloom products. The Council undertakes direct promotional activities such as participation in international trade shows, sending and hosting trade delegations, and sustained image-building exercises through advertisements abroad, publications and audio visuals.

As of October 2017, there are approximately 2.701 million registered power looms in the country.

Source: Powerloom Development & Export Promotion Council (PDEXCIL)