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Textile Industry In The Era Of Globalisation

Paper Type: Free Essay Subject: Economics
Wordcount: 5106 words Published: 1st Jan 2015

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According to the Findings the most pure, beneficial and the most powerful biggest industry in the world is Textile industry. In today world of business it is working as a back bone of the countries. An estimated figure of the industry market is $400 billion and there are more chances of growth in the coming years, according to the saying in 2001of the research analyst that textile industry will grow 25% in 2002 to 2010 and there figure was true and in 2010 the figure accumulates to $480 billion and in the coming few years it will further grow. Toady, every country is putting his hands in this business and trying to give his best. Britain was the first country who just gave a new life to the textile industry by making machinery for the textile industry and the slowly it spread over the whole market of the world.

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Global Economy

By Global economy means economy of all the countries. Because, international economy is the name when the economy of all countries comes together. There are factors which makes international economy which are, trade, investment, economical alliance of the countries and migration. The economy of a country can be measured by his GDP. According to the economists monetary values f any country whether it is USA by itself all the economies could only be measured by preferably through dollar. “Global economy could be affected by different factors which includes Currency Value, Trade Restriction, Political Situations, and labor cost, etc. “J.P. Morgan (Global Data watch)

There are countries who contributes in a huge /wide range to the global economy

Countries contribution to the global economy:

First thing through which all the countries of the world contribute to the global economy is Politics because though politics here are many things which came into existence in the form of contribution to the global economy.

Secondly, trade is most appropriate and unique way of contribution in the global economy.

There are so many other factors which contribute in a large amount to the global economy.

According to the facts and figure including china and Japan, USA, France and Germany are the largest economies of the world because they gives an output which is not in comparison of others. Because they give best output in the very field, like food, labor, imports and exports which gave them a top level. There are other countries too which comes in the list of top ten countries of the world who contribute a large amount in global economy. This list includes brazil, Italy Canada and some other countries. However, beside this great contribution by all the countries global economy is still providing a figure of challenges in the form of unemployment whose rate is 30% around the world, enforcement to the labor footwork 41%, investment by public to the government plan less then 40%, and etc., All the countries are trying to just remove these factors affecting the global economy but they can’t, china is heavily providing cheap labor but this does not remove the unemployment. (WTO by Dr.Supachai)

Another important factor which is heavily affecting the economy is terrorism. Terrorism is another part of the economies of the countries which is badly affecting it. Countries and there economies are also being affected with the increase in oil prices. There is factor of global health crisis, it is true that globally health is maintained by all the countries but to some extent thy lack and they have just left some loop holes which causes bad effect on the human’s life i. e., spreading diseases in the form of HIV Aids, bird flu, swine flu. There are measures to deal with these things but those are not adopted. (business-and-economy/textile-industry)

As the factor terrorism is creating so much problems for the global economy so to deal with it is very important for all the countries and to deal with this factor all the countries have to come together to find out some better results. Infect, not just for the terrorism all the countries have to come together to deal with all the problem because the problems like, terrorism, Health diseases, inflation, poverty, unemployment are not small problems they are worst threats for the economies of all the countries around the world.

History of textile

History of textile is roughly based on these things or countries which have given a boost to the textile sector in the whole world and these countries are:

Islamic

Persian

Excerpt from “Woven from the soul, spun from the heart”

Excerpt from ” master pieces of Persian art safavid”

Turkish

Chinese

Indian

Italian

Japanese

Kashmiri

Lets talk abut these simple but beautiful art of textiles styles which gave a wave to the textile industry both in design and culture. (Mary Belles)

Islamic Textile History:

Islamic textiles are as old as the Islam itself, Islamic textiles are the master piece of the textiles industry they gave a shape and a beautiful view of the clothing system. Islamic textiles were as demanded by the all countries as now e demand for the latest verities of the design.

Islam is the symbol of peace and Islamic people were having a great quality of showing there culture I n the way of coloring their cloths. The essence of Islam in Europe is also the size of their language, their impact highlighted by the West was exported widely. For example, “Geffen” English word “mohair” and “Taft» and «Highlights», any manufacturer, Arabic, Farsi. Despite its nature, a relatively small fibers of the early Islamic era is alive. At any time, value Islamic fabrics were on stretchers, cut because they are inherently weak again, over fiber. Most of the early Islamic textiles, notably the maintenance of the store is dry and dark, including the grave, could be used in Egypt. Living piece of silk, cotton, linen and wool, often dyed in bright colors. These intricate designs and rich colors for use in a structured screens show textile technology.

Silk Industry History:

It is a great source of inspiration, often expect to find more songs from the miniature glossy silk fibers woven Peres today, inspired by the Merchant of Venice with a touch of world imports, often, sometimes bright, Culture in the vehicle owner with life. The project is based on animal and plant origin of the naturalist and created images based on royal Persian carpets of the Safari Empire and luxurious fabrics with sophisticated design language is polite and civilized. Persian rugs and remote villages, the lack of cooperation tissue and a variety of colorful geometric abstractions in the design is unlike kkwaewaneun. The experience begins long before the dynasty in the history of silk embroidered fabrics. At the time this work was exported to Europe and Rome. Prohibited the use of gold in the men because they stopped after the Sassanid period and type of tissue, almost. Mughal period, almost hiding fearing for his life he lived in Iran, the forgotten master of the textile sector. During the Safavid Shah was revived, the textile industry during the reign of apbaseuui was to textile artists from Isfahan switch the monarchy and the workshop are invited to start work.

Turkish Textile History:

Making fiber arts, especially in Anatolia, Konya Turkey, Bergama size barn and Seljuk, Feudal, during the Ottoman and the best fiber in the middle of a flourished jjanhaetdeon. Choose rugs and textiles, and fine examples of Turkish Islamic Art Museum (both in Istanbul) Kilim rugs Vakiflar museums and other museums in Turkey are different. Turkey has been developing more practice in the textile arts, weaving for centuries. The National Museum eloquent testimony to the example of the private collection of textiles and embroidery, painting, block printing, and provides an artistic medium. Ottoman era is to Bursa, Bilecik and Üsküdar, and the major cities of the world, such as silk, velvet, cotton and wool are now living, Sarayi clothes jjandoeeotda the Topkapi Museum, a collection of the Sultan is to focus on the case. Shares a wealth of material in court and the artist’s studio as a judicial decision based on running the design. (Mary Craft)

Greater part of life and death, but all shares sold in Europe and some are intended for private use. Silk production in the late 16 Century stock market opened, but the performance, and that was not enough to satisfy the demand of the Ottoman repeated domestic world must rely on imported raw materials continued.

Velvet Italian history:

Weaver over most fanciful images of art: the kingdom, the altar, the royal bed chambers, bourgeois salons and ateliers of great couturiers, seems full of velvet. Giuseppe Verdi’s opera with only the most provocative characters such as velvet dress that Rossini and Donizetti. Giuditta Pasta, one of opera velvet play all the crazy waste of attention in costumes from Caruso to Galeffi So first, Courreges, Cardin, Rabanne, Marucelli and a long list of de Barentzen what was said about the designer?

Italy, the entire 18th century until the twelfth century, the largest manufacturer in the Western world of velvet has been signed. These wall decor fabrics for clothes, and is expected to be for centuries, Lucca, Siena, Venice, Florence and Genoa in the offspring of a car interior, and all kinds of horse furniture collection, providing rest of Europe.

Textile Industry and Revolution in Britain

By having a look at the market and at global economy I found Textile industry at his best. According to the facts and figures textile industry has grown itself at a very high rate and today textile industry is contributing at a very high level to the global economy. With the invention of spinning mills and weaving machines in Britain the whole world witnessed remarkable growth because it has reduced labor cost as well as time consumption.

Let’s talk about the history of textile industry, there were some major steps to be taken which were,

Harvesting and clean of wool by hands

Card it and spin it to thread

To wave the thread into cloth

Finally fashion and sew the cloth

And it was all done with the human labor which consumes cost and time so it was a lassie process. According to the history America in 1786 tried first to make yarn weaving machine to reduce time and cost effecting thing s they encouraged the engineers but because of some loop holes those machineries didn’t worked correctly and they sold the machinery to Moses brown Britain engineer. It was the time of revolution for the Britain. During the eighteenth century Britain got the control over the textile industry figure shows that its exports were increase 25 % due to this revolution and then as the time passed they spread it all over the world with the latest technology of machinery for the textile industry.

Decline of British Industry

Even though Britain was the leader because revolution was came in the Britain for first time in Textile industry but Britain lost its status in the ERA of 2000, Britain’s started declining itself from 1950 because the mill owner and the workers union were not combined and doing work with effort. Secondly the competitors from Japan textiles industry gave them a big defeat. With the entry of Far East and India in cotton weaving they were in a big competitive situation. With the increase in the growth of these countries Britain started to blame the political situation of the country. (Susan Wolcott)

America’s wrong way to defeat the Britain

The USA personnel followed the British lead by using blue prints of the Britain’s which were stolen by their respective personnel’s and by the immigration of the engineer’s of the British to USA, by doing this thing slowly but steadily USA made a big giant of sewing , weaving and cotton spinning mills. They used all the measures to defeat the Britain and sooner they became the leader of the market.

Asian Textile Industry

America has enjoyed an ERA of being at the top of textile industry but then they got a situation of great rivals in the form Asian competetors. America tried hard to improve the material quality; although America was having an edge over the quality of machinery but due to cheap labor and low material cost Asian countries take the control from USA this thing gave him a big defeat, and because of the cancellation of MFA the developing countries got an edge over the success rate then USA. Although it was not a god idea but Asian countries were still getting the best out of it.

Being the holder of market Asian countries got the best share rating, India was at 20 %,and china was representing a share of 45% according to the proceeding of 2010.other the these two countries Pakistan, Bangladesh and some other countries are also trying there best to gave quality production. Because, these countries are awarded of this fact that if they will produced quality production then they will get foreign investment and their economy will boost and there are so many chances to come at the top. There is round figure investment in china according to the stock market and global market analysis in 2010 there was a 100 bln investment in china in textile sector of foreign countries.

There are some other factor which gives ways to become at the top, these includes,

Growth Drivers’

Season’s cheer

If we look at the customer his taste changes and this is the most important factor which china and other Asian countries have adopted, they are changing their designs and fashion with the change in time to remain at the top. There are mild signs are seen for the success of textile industry in Asian countries. (Mary Bellies)

With some rough facts and figures this thing came into being that round about 45 % of the dyes were purchased by the Asian countries from the global market which accumulates to an amount of 16 million USD and this is just the figure off Asian country means Asian countries textile contribution in international market as well as in their local market is a t a very high level.

Methodology

This research has been conducted qualitatively. We have looked and gathered data from many different resources which include, Books, Websites, Articles Published In journals. First of all we have just looked at the global economy about the contribution of the different countries I to the international/global economy, then we looked into the local economies of the countries and gathered data to analyze the differences of the countries contribution to the global economy. We have also looked for the challenges difficulties that countries are facing during their success. Through this research we have been clarified that at the start Britain were the leader but then Asian countries got a boost and captured the textile industry.

Results and Findings

China’s Textile Industry:

IF we talk about china it is having a long history, the textile industry of china is a conventional cutthroat industry, industry of china at this time is playing a main role in development of national economy. More on textiles are also the main exports of china. According to the figures of 2009 with the provocation of the economic situation, Chinese government issued an array of industrial supporting policies including increase in the export rate. The figures also show that china was having a sustained growth in 2005. But, there growth started to boost up in 2007. And in 2009 Chinese realized that there sales revenue has grown from 2.01 to 10.32%. This was a great rise for the Chinese although according to them their rat has gone down but still they are having better results.

Although china was at a success but he was having a threat. His biggest threat was his rival countries which include Bangladesh, India, Pakistan and Indonesia; All these countries were also enjoying the same level position as china. And juts like china Pakistan, India and Bangladesh also having cheap labor and raw material of best quality..

Indian Textile Industry

India is at the second spot in the field of textile and he is also enjoying the benefits just like china and other countries. India’s textile industry plays a role in the stabilization of his economy. The contribution of India in his economy from just textile sector is 35 %, It accumulates to the at least one third of the total contribution from all other sector which means India’s textile sector splaying a role of backbone of his country.

History shows that by the end of 19th century, domestic wool production of India was having a transformation that was largely attributable to imposing rule. India’s textile industry is mostly based on small scale , spinning, weaving, finishing and apparel making enterprises. Research shows that India accounts to 22% of world spiritless capacity. Its spinning sector consists of 1,161 small scale independent firms and 1,566 larger scale. (Susan Wolcott)

India has grown it sector on textile by giving it more preference rather then other sectors because he knows the situation of the market , Indian government also support the textiles industry that it should grow as much as it can. India is not just having a share in just local markets market but India is having a name in the international market. India has gain more then any other country it also some value when its currency gain some appreciation in international market. Indian government took many steps to boost the textiles economy, government started many different projects at small level and at big level. There is no doubt that Indian textile industries future is bright and there are many chances of India to becoming at that number one spot.

India is having a vast number of players, named:

Arvind mills limited

Raymond lTd

Alok Industries

Aditya Birla nuvo LTD.

Century Textiles.

Welspun India

Himatsighka seide lTd

Bombay Dieng.

Opportunities and challenges for Indian textile

Factor Conditions

• Abundant Availability of raw materials

• Low Cost

• Flexibility

• Skilled Labor

• Ability to produce customized Apparel

• Lower Lead Tim

Firm Strategy, Structure and Rivalry Dominated by unorganized sector

• Highly competitive and fragmented

• Entry of foreign players

Govt. Regulations/ Policy Support for Technology up gradation

• Government reimburses 5% of the interest rates

• A credit linked capital subsidy of 10%, In addition to the existing 5% interest

Reimbursement for modernizing the processing sector

• Quality Improvement

Related & Supporting Industries Product Development/ Design

• Cheap and abundant raw material

• Well developed Textile machinery Industry

• Well Developed IT capabilities

Demand Conditions

Large Domestic Potential

• Favorable Demographics

• Growing Income and Purchasing power

• Growth of organized retailing, malls

Textile industry in Pakistan:

Pakistan’s exports of apparel sector occupy a central position. Asia

is the eighth largest exporter of Pakistani textile products. The total GDP contribution of neunyi sector is 8.5%. It provides employment for approximately 1,500 ten thousand people, about 49 million U.S. dollars from 30% of the workforce of the country. 18 trillion world trade volume of textiles, which is the annual U.S. total of 2.5% . Among them, Pakistan’s share is less than 1 percent. Development of the manufacturing sector has been given the highest priority

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A major stress on agro-based industries in Pakistan and since its establishment. The world’s leading producers of cotton was one of the Pakistan examples; take advantage of abundant resources in the field of cotton textile industry in the direction of the development was the priority of industrialization. Currently, 1221 ginning units, 442 spinning units, spinning units are 124 425 small units of production of textile products. Highly organized industry is a large piece of cottage / small scale sector is composed. Some of the value chain of textiles and other sectors are: spinning, weaving and fabric dying industry and the most in-house finishing facilities and organization operates. The fabric is made up of small entities. Other units such as the media, while the small size of the unit, dyeing and printing and finishing sub-sectors and the field portion of the field, in order to handle a large amount of offers. Textile bleaching and dyeing cloth, printing sector followed by the processing industry overall, as every second. Clothing manufacturers in the textile value chain to generate the highest employment. More than 75% of the unit is a unit of small size. Knitwear industry, mainly (Knitting + processing + maker) as an integrated unit is comprised of operating facilities. Woven garments and knits two areas mainly in Karachi, Lahore and Faisalabad are clustered enough to be working ladies.

Pakistan’s textile industry is one of the famous textile businesses but due to uncertain situation it is lacking with the factor of success. There are so many reasons why it is not coming up. These reason are, Light problem, Governments wrong policies and so many other factors which affects the Pakistan textiles economy. If we look at the figures of the investments Pakistan has invested 23.1 million on the imports of machinery in the month of February last year. If we compare this thing or import with the India and other Asian countries Pakistan has increased it self 190%. Due to this thing new investment has started coming in Pakistan . Pakistan is having lot of potential to be the market leader. Pakistan is having cheap labor, raw material better machinery and that entire skilled person which are necessary to run a textile business in a country.

Germany’s Textile Industry

When we come to talk of style in clothing Germany is on the number position, Germany is having a history of manufacturing great design in clothing . History shows Germany is manufacturing, innovative clothing and his flexibility in design making has made him one of the top country in textile industry. Today, when we talk abut the production of textile including, clothing, home textiles and technical textile. Government divide in into 3 percentages from which 30% goes to clothing, 30% to home textiles and 40% to the technical textiles. If w take this output and measure all the countries Germany is at the top like the government of all other countries the government of Germany is also considering it one of most important part of the country economic contribution factor. (German Business portal)

Textile industry in Germany in numbers:

2008, turnover recorded up to EUR 20 Billion

Clothing up to 42%, textiles 58% which comes to the total turnover of 2008.

Technical textiles alone accumulates to the 45 %

There export quota has reached to 42.7%

Imports of textiles reached to EUR 30

Being the second main importer of the textiles in the world Germany has faced an increase in the demand of his material in the pats few years. Being the most power textiles supplier in the world Germany is also acing some of the main problems which all the other countries are facing.

Germany has categorized its textiles into five categories naming as,

Enshede Textile Remanats

Rix and co immerath

Trevira

Webbgpinnerei 1

Webbgpinnerei 3

Supporting Institutions

(Many foreign organizations want to establish themselves successfully in the German market, manufacture and support. The most important associations of the textile industry are:

• organization of the German textile and fashion industry

• Textination

• German Institute of Textile Retailers

• German Federation of Purchasing and marketing group,

1. The organization of the German textile and fashion industry

In each country, a leading fashion department, which he talks directly to fmn, how it related to fashion clothes if you want to export earnings which is the main point of the German Textile and Fashion.

2. Textination that Germany is the official website of the entire textile industry. The main objective of the German textile and clothing industry and retail market to provide comprehensive information about the role that is perpendicular to the platform.

     3. German Textile Research Institute of Market Dealers (BTE):

 To provide contact information, textile retail sector and an extensive database.

The site also on the fabric of the country to cover 85% of the retail demand contains useful information on companies in Germany online guide for retail trade ‘textile trade offers. This guide for wholesalers and professional organizations can be found more useful data.

4. Buy (ZGV) and Group Marketing Federation of German

 mid umbrella organization of trade in services and technology transactions and the arts in Germany. 220 000 purchase and cooperatives representing 320 member companies ZGV.

Bangladesh Textile Industry

Bangladesh is also growing day by day, It has introduced it self as the master planner of the textile industry. If we look at the history and the current situation of the Bangladesh textile industry has become the back bone of the Bangladesh.

If we look at the history of Bangladesh, after its foundation tea and jute were the most export oriented sectors. But, a rival named as flood was a big enemy of the Bangladesh which decreased the jute production in Bangladesh.

This industry was employing 3 million workers whose 90% strength was based on women’s. Bangladesh was in a situation of poverty he was not able to understand what he has done and what he has to do in this current situation at that textile was new in the field they came with the idea of employing those worker in to the textile sector. After adoption of this thing Bangladesh got a growth and make his position in the market. From 1995 to 2005 Bangladesh was in a situation of agreement of textile businesses with the other countries.

In the period of 2003 Bangladesh imported a machinery for the sector of textile worth 31 million. And after having success in 2007 41 million euros of latest machinery. Germany exports to the countries have been reduced after the entry of Bangladesh now to the like china, Pakistan and India Bangladesh export rather then Germany.

By having a closer look at the textile sector of Bangladesh Bangladeshi government stated to help and started making investment in this sector. A Huge amount was invested by government in this sector for the purchase of machinery.

There is huge list of companies working in Bangladesh:

Shan Kniting and processing LTd.

Mechano

Labiba Trading

Sikder buyimng Ltd

Topstyle

Alif Pvt ltd

Vertex and décor

Mona yam sweater complex

And many other companies. They are playing a big role in the growth of economy of Bangladesh.

Conclusion

The above mentioned discussion on the textile industry relating to the different countries of the world we came with the result that all the countries whether they are at the top or at the low level all are struggling to gave his best out of what he got. All the countries are facing some major problems like,

According to the facts and figure including china and Japan, USA, France and Germany are the largest economies of the world because they gives an output which is not in comparison of others. Because they give best output in the very field, like food, labor, imports and exports which gave them a top level. There are other countries too which comes in the list of top ten countries of the world who contribute a large amount in global economy. This list includes brazil, Italy Canada and some other countries. However, beside this great contribution by all the countries global economy is still providing a figure of challenges in the form of unemployment whose rate is 30% around the world, enforcement to the labor footwork 41%, investment by public to the government plan less then 40%, and etc., All the countries are trying to just remove these factors affecting the global economy but they can’t, china is heavily providing cheap labor but this does not remove the unemployment.

Another important factor which is heavily affecting the economy is terrorism. Terrorism is another part of the economies of the countries which is badly affecting it. Countries and there economies are also being affected with the increase in oil prices. There is factor of global health crisis, it is true that globally health is maintained by all the countries but to some extent thy lack and they have just left some loop holes which causes bad effect on the human’s life i. e., spreading diseases in the form of HIV Aids, bird flu, swine flu. There are measures to deal with these things but those are not adopted. As the factor terrorism is creating so much problems for the global economy so to deal with it is very important for all the countries and to deal with this factor all the countries have to come together to find out some better results. Infect, not just for the terrorism all the countries have to come together to deal with all the problem because the problems like, terrorism, Health diseases, inflation, poverty, unemployment are not small problems they are worst threats for the economies of all the countries around the world.

But, with all these problems all the countries are still having great turnover, great quality of production. They are giving great competition to their rival industry , almost all Asian country who indulged themselves ij this sector are having a lot of trouble but at the same time they are enjoying good things.

 

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