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Best Business Opportunities in Manipur - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Manipur is a state in north Eastern India, with the city of Imphal as its capital. Manipur has been at the crossroads of Asian economic and cultural exchange for more than 2500 years. It has long connected Indian subcontinent to Southeast Asia, enabling migration of people, cultures and religions. Manipur is primarily an agrarian economy, with significant hydroelectric power generation potential.

The natural vegetation occupies an area of about 14,365 km² which is nearly 64% of the total geographical area of the state. The vegetation consists of a large variety of plants ranging from short and tall grasses, reeds and bamboos to trees of various species. Broadly, there are four types of forests - Tropical Semi-evergreen, Dry Temperate Forest, Sub-Tropical Pine and Tropical Moist Deciduous.


DEMOGRAPHIC PROFILE

Manipur has population of 25.7 Lakhs, an increase from figure of 22.94 Lakh. Total population of Manipur as per 2011 census is 2,570,390 of which male and female are 1,290,171 and 1,280,219 respectively.

Total area of Manipur is 22,327 sq. km. Density of Manipur is 115 per sq km which is lower than national average 382 per sq km. In 2001, density of Manipur was 103 per sq km.

Of the total population of Manipur state, around 67.55 percent live in the villages of rural areas. In actual numbers, males and females were 878,469 and 857,767 respectively. Total population of rural areas of Manipur state was 1,736,236. In rural areas of Manipur, literacy rate for males and female stood at 83.39 % and 67.03 %. Average literacy rate in Manipur for rural areas was 76.20 percent. Total literates in rural areas were 1,142,564.

TOURISM

Least touched and least discovered Manipur promises to be the great tourist discovery of the21st century. An oval shaped valley surrounded by blue green hills, rich in art and tradition has inspired description such as the Switzerland of the East with its cascading rapids, tripling rivers, varieties of flowers, exotic blooms and lakes. The people of Manipur include Meitei, Nagas, Kuki-Chin-Mizo and Gorkhas groups and Muslims and other colorful communities which have lived in complete harmony for centuries.

The Ministry of Tourism has five Regional offices located at Kolkata (East), Mumbai (West), Delhi (North), Chennai (South) and Guwahati (North East), which are headed by an officer of the level of Deputy Director General designated as Regional Director.

Domestic tourists intending to visit Manipur by road via Dimapur/Kohima require Inner Line Permits to pass through Nagaland. These are issued by the Liaison officers of the Government of Nagaland at New Delhi, Calcutta, Guwahati, Shillong and the Sub-divisional officer (Civil), Dimapur, deputy Commissioner, Imphal can also issue permits to tourists traveling by road from imphal to Kohima and Dimapur in Nagaland.

INDUSTRY SECTOR

The Information Technology and IT Enabled Services sector in India is looking towards Tier-II and Tier-III cities to meet the growing demands of the industry for sourcing its required skilled manpower. The youth of Manipur have not only excelled in the field of Sports, but have already established a noticeable presence in the ITES industry in India.

Manipur State is striving to score higher on being business-friendly in terms of the available IT infrastructure. These include:

•        Software Technology Parks of India (STPI) unit of Imphal with Earth station and OFC connectivity.

•        Up gradation of IT infrastructure at Imphal to provide modern Business-ready built-up office space for IT/ITES firms.

•        Internet on the move – Various Telcos like BSNL, Tata Indicom, Airtel etc. are providing Wireless Internet across the State.

A high rate of unemployment exists in Manipur, particularly among the educated youth. According to the Live Register of Employment Exchange, the total number of educated job-seekers were recorded as 5, 83.65 thousands.

Manipur is rich in natural resources but due to difficult terrain, inadequate infrastructural facilities and varying climatic conditions, the state could not develop much in the industrial sector of its economy. In the initial stage, Govt. policy in the state was one of revival and revitalization of the traditional handlooms and handicrafts of the local habitats. The contribution of the manufacturing sector to the total gross state domestic product at current prices is found to be 6.17 percent. The trend of industrial development and the present local conditions of the state and in consonance with industrial policy of the Government of India, the Govt. of Manipur in its policy announcement of 1990, has decided to focus attention to the small scale and agro-based industries without discouraging the medium and large-scale industries. It is expected to serve the objective of employment generation and dispersal of industries in rural and urban areas. The state has laid emphasis on creating a strong industrial base and employment opportunities in the state through provision of various growth inducing factors based on locally available resources. It is based on locally available raw materials and minerals. In order to promote rapid industrialization, the State Government has over the years been offering attractive package of incentives and concessions to invigorative industries.

The khadi and Village Industries Commission (KVIC) was established by the Govt. of India in the year 1957. The Khadi and Village Industries is not only providing employment to people in rural and semi-urban areas at low investment per job, but also utilizes local skill resources and provides part-time as well as full time work to rural artisans, women and minorities.

The traditional sector of industries falls within the purview of organizations such as Khadi and Village Industries Commission. The KVIC include artisans in tiny industrial units and defines it as any industry located in a village or town inhabited by population not exceeding 10000 which produces goods and renders services with or without the use of power in which the fixed capital per head does not exceed Rs.15000.

Growth Centres are large villages or small towns which have the potential to become the nuclei for the socio-economic development of the surrounding area. The Growth Centres can be identified by the different orders with respect to the quality and quantity of services and facilities, service area and population. A growth centre of lowest order should have services such as agricultural input centre, primary and middle school, maternity and child care centres and daily market.

Small-Scale Industries (SSI) is an important segment of the economy, contributing substantially in the form of production, employment and exports. It has continued to play a vital role in the fulfillment of socio-economic objectives. The principal factor for defining small-scale Industries has always been based on the size of investment. Small-Scale Industries are those industries whose investment in fixed assets such as plants and machineries does not exceed Rs.100.00 lakhs (Rs.1 Crore). Investment in plant and machinery in respect of industry related Small-Scale Service and Business Enterprises (SSSBE) were increased to Rs.10.00 lakhs from Rs.5.00 lakhs. For speedy growth of small-scale industries, the Government has already brought about simplifications in the SSI registration procedures.

The State Government has introduced this Policy with various components being offered such as, incentives, improved infrastructure facilities, supply of quality power, and credit flow from Bank and Financial institutions, better market linkages and to boost investor confidence.

The Government of Manipur desire Manipur to be a preferred destination for industrial and trade activities and achieving to the aspiration of the people of Manipur, thereby affording to –

•        All round economic development and to improve living standards.

•        To create employment opportunities, skill development and self

•        Employment opportunities.

•        Optimal utilization of both natural and physical resources.

OBJECTIVE OF INDUSTRIAL POLICY

•        Develop adequate infrastructures to ensure planned and accelerated industrial development.

•        Promote maximum capital investment in the State for economic activities resulting in employment opportunities, improving standard of living of people at large and all-round development of the State.

•        Promote modernization and technology up-gradation of existing industrial units.

•        Encourage quality control, standardization and competitiveness of local products.

•        Promote eco-friendly industries.


INDUSTRIAL ACTIVITIES IDENTIFIED AS THRUST AREAS

•             Agro based industry 

•             Bio-Technology industries.

•             Floriculture. 

•             Handloom and Handicraft.

•             Medicinal Plants.

•             Distillation of oils from aromatic plants.

•             Mineral based industries.

•             Information Technology Trade and Commerce under Export Import mechanisms.

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Masala Powder and Chilli Powder

A masala can either be a combination of dried (and usually dry roasted) spices, or a paste (such as vindaloo masala) made from a mixture of spices and other ingredients—often garlic, ginger, onions and chili paste. Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine. Spices are, the dried parts of aromatic plant-the seeds, powers, leaves, bark or root although a few are used fresh. But there is something evocative about spices that go way beyond their culinary or medicinal uses. Red Chilli, considered a native of South America, is an indispensable spice in the food habits of most people in the world. The colour and pungency differentiates chillies from other spices. India, known as the home of spices, boasts a long history of trading with the ancient civilizations of Rome and China. Today, Indian spices are the most sought-after globally, given their exquisite aroma, texture, taste and medicinal value. India has the largest domestic market for spices in the world. The demand for spices is expected to grow in the future which will lead to a prominent growth in the revenues from the sales of spices in India. The revenues from India market are expected to expand to around USD 18 billion in FY’2020. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • A D F Foods Ltd. • Aachi Masala Food'S Pvt. Ltd. • Akay Flavours & Aromatics Pvt. Ltd. • Catch Foods (India) Ltd. • Chordia Food Products Ltd. • Devon Foods Ltd. • Empire Spices & Foods Ltd.
Plant capacity: Turmeric Powder: 500 Kgs. per day Red Chilli Powder: 500 Kgs. per day Coriander Powder: 500 Kgs. per day Garam Masala: 500 Kgs. per day Sambhar Masala: 500 Kgs. per day Chicken Masala Plant & machinery: Rs 183 lakhs
Working capital: -T.C.I: Cost of Project : Rs 475 lakhs
Return: 28.00%Break even: 49.00%
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Cold Storage

Cold-chain is considered an important tool for farmers of perishable produce, to connect with markets and to realise meaningful productivity. Ministry of Food Processing Industries (MoFPI), GoI is operating a “Scheme on cold chain, value addition and preservation infrastructure” dedicated for cold-chain in addition to other programs that develop processing units. A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. The estimated annual production of fruits and vegetables in the country is about 130 million tonnes. India is an agricultural-based economy. More than 52 percent of India’s land is cultivable, compared to the global average of 11 percent. Each year, India produces 63.5 million tons of fruits and 125.89 million tons of vegetables. Indian cold storage market is expected to grow at a CAGR of 16.09% by 2020 driven by the growth in the organized retail, Indian fast food market, and food processing industry. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Fruits, Vegetables, Pulses & Spices Store: 5000 MTPlant & machinery: Rs 122 lakhs
Working capital: -T.C.I: Cost of Project: Rs 507 lakhs
Return: 29.00%Break even: 53.00%
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Microbrewery

The global craft beer market to grow at a CAGR of 11.04% during the period 2017-2021.A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer), typically much smaller than large-scale corporate breweries, and is independently owned. Such breweries are generally characterized by their emphasis on quality, flavour and brewing technique. Craft beers and microbreweries are niche concepts in India which have been growing for past few years and are beginning to take shape now. They are mushrooming in many parts of the country. This is an emerging trend that is certainly attracting middle class Indians, particularly in urban areas. The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Appollo Distilleries & Breweries Pvt. Ltd. • Arthos Breweries Ltd. • Aurangabad Breweries Ltd. • Castle Breweries Ltd. • Devans Modern Breweries Ltd. • Doburg Lager Breweries Ltd. • Doon Valley Brewers Ltd.
Plant capacity: Microbrewery (650 ml Size Bottle): 1538 Nos./DayPlant & machinery: Rs 170 lakhs
Working capital: -T.C.I: Cost of Project: Rs 396 lakhs
Return: 12.00%Break even: 59.00%
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Plastic Waste Pyrolysis (Plastic to Oil Conversion)

Pyrolysis is the chemical decomposition of organic substances by heating the word is originally coined from the Greek-derived elements pyro "fire" and lysys "decomposition". Pyrolysis is usually the first chemical reaction that occurs in the burning of many solid organic fuels, cloth, like wood, and paper, and also of some kinds of plastic. Anhydrous Pyrolysis process can also be used to produce liquid fuel similar to diesel from plastic waste. Increasing industrialization and motorization has lead to a significant rise in demand of petroleum products. As these are the nonrenewable resources it is difficult to predict availability of these resources in future, resulting uncertainty in its supply and price and is impacting growing economies like India. Many alternate fuels like Alcohols, Biodiesel, LPG, CNG etc have been already commercialized in the transport sector. Recent developments in recycled plastic and plastic waste to oil market indicate that policymakers and energy industry players in various regions, particularly in North America and Europe, are focusing on the commercialization of the technology. As a whole entrepreneur can venture in this field will be successful.
Plant capacity: Pyrolysis Oil: 10 MT/Day Carbon (by product): 3.33 MT/Day Gas (by product): 2 MT/DayPlant & machinery: Rs 197 lakhs
Working capital: -T.C.I: Cost of Project : Rs 512 lakhs
Return: 26.00%Break even: 58.00%
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Beer Plant

Beer contains approximately 90% water, and the importance of the liquor to final beer quality cannot be over-estimated. Historically a correlation was observed between the liquor composition of an area and the type of beer that the region could best brew. There are several steps in the brewing process, which include malting, milling, mashing, lautering, boiling, cooling, fermenting, maturation, filtering, and packaging. The production of malt beverages, or beer, comprises four main stages: brew house operations, fermentation, aging or secondary fermentation, and packaging. The annual growth in the Indian beer market has been around 8% in the recent years, which compares well with the growth in China. But the Chinese market of 20 mn kl is over 25 times more than the Indian market of over 900,000 kilolitres. The Beer market in India will grow at a CAGR of 16.94 percent and 14.57 percent on the basis of revenue and volume. The Global Beer Market was valued at $593,024 million in 2017, and is projected to reach $685,354 million by 2025, growing at a CAGR of 1.8% from 2019 to 2025. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Appollo Distilleries & Breweries Pvt. Ltd. • Arthos Breweries Ltd. • Aurangabad Breweries Ltd. • Castle Breweries Ltd. • Devans Modern Breweries Ltd. • Doburg Lager Breweries Ltd. • Doon Valley Brewers Ltd.
Plant capacity: Beer (650 ml size Bottle): 15385 Nos/DayPlant & machinery: Rs 251 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1032 lakhs
Return: 26.00%Break even: 57.00%
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Iodised Salt

Iodised salt is produced by iodising common salt. Iodine plays an important role in our body-system, as it is utilised by the thyroid gland for the synthesis of thyroxine, which is a hormone essential for the growth and developmental activities. Deficiency of Iodine in the body results in the impairment of synthesis of thyroxine, leading to reduced blood circulating levels. The only iodising agent so far approved for table salt is potassium iodide. It is present at a concentration of (0.01%). The demand of Iodised salt is more than 60 lakh tonnes per year as per the Ministry of Health Survey. To meet this requirement, more production capacities are required. Further due to many parts of our country are deficient in Iodine, Ministry of Industry has started crash programme to Iodise the common salt to check the problem of goitre; deaf­ness, physical deforming and mental retardation. Salt penetration at all India level is estimated to be 93.8%, comprising 96.8% in urban areas, 92.7% in rural areas. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Ankur Chemfood Ltd. • Saboo Sodium Chloro Ltd. • Sambhar Salts Ltd. • Saptak Chem & Business Ltd. • Super Salts Pvt. Ltd. • Tuticorin Salt & Marine Chemicals Ltd.
Plant capacity: 15 MT/DayPlant & machinery: Rs 750 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1273 lakhs
Return: 19.00%Break even: 52.00%
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Truck Body Building

A truck or lorry is a motor vehicle designed to transport cargo. Trucks vary greatly in size, power, and configuration; smaller varieties may be mechanically similar to some automobiles. Commercial trucks can be very large and powerful, and may be configured to mount specialized equipment, such as in the case of fire trucks and concrete mixers and suction excavators. The Indian trucking industry is currently valued at $130 Bn and there are approximately 5.6 Mn on road vehicles transporting 80% of the country’s freight. According to Race Innovations, the Indian trailer market is expected to grow at a compound annual growth rate (CAGR) of 9.5% over the period from 2016 to 2020. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Automobile Corpn. Of Goa Ltd. • Commercial Engineers & Body Builders Co. Ltd. • H M M Infra Ltd. • J C B L Ltd. • Tata Marcopolo Motors Ltd.
Plant capacity: M.S. Oil Tanker Truck Body Cap.. 28 KL: 144 Nos./Annum S.S. Milk Tanker Truck Body Cap. 20 KL: 180 Nos./Annum M.S. Truck Container Body Size 32 Feet: 144 Nos./Annum M.S. Refrigerated Truck Container Body Size 40 Feet: 144 Nos./Annum M.S. TippePlant & machinery: Rs 155 lakhs
Working capital: -T.C.I: Cost of Project : Rs 310 lakhs
Return: 30.00%Break even: 68.00%
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Glass Sheet

Glass is a transparent material, particularly in the visible region of electromagnetic spectrum. The transparent and colouration have made the glasses best suitable for decorative and illumination purposes in the early days of their invention. Glass is a non-crystalline solid. This means that the regular periodic arrangement of motifs (groups of atoms, molecules or ions) is absent in glasses. The crystalline characteristic of long-range order of motifs is lacked and short-range order prevails in glassy materials. Glasses are formed by quenching a material in liquid state sufficiently fast so that atoms cannot re-arrange themselves in a crystalline form and form glasses. Glass sheets and plate glass can be clear or transparent, or treated with other elements to give an opalescent or iridescent quality. Which facilitates the development of new technologies and ensure a high quality product. Resistant glass is made by using layers of glass sheets or by using a transparent polycarbonate thermoplastic. Dichroic glass is glass that has been layered with metal oxides to give the glass a unique color and texture. Tempered glass is stronger and more durable than regular glass sheets and plate glass. It is used in a wide variety of products, including vehicle windows and specialty items like scuba diving equipment, marine vehicles, and some cookware. Tempered glass is made by heating and then rapidly cooling the glass to induce residual compressive stresses in the surface of the glass.
Plant capacity: Glass Sheet Thickness of Sheet 6 mm: 53550 MT./AnnumPlant & machinery: Rs 111 Crore
Working capital: -T.C.I: Cost of Project: Rs 139 Crore
Return: 26.00%Break even: 46.00%
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Apparel Manufacturing Business Opportunity.

Apparel Manufacturing Business Opportunity. Readymade Garments (Jean Trousers & Shirts), Starting a Clothing Industry Readymade garment industry has occupied a unique place in the industrial scenario of our country by generating substantial export earnings and creating lot of employment. Its contribution to industrial production, employment and export earnings are very significant. This industry provides one of the basic necessities of life. The employment provided by it is a source of livelihood for millions of people. It also provides maximum employment with minimum capital investment. Readymade garments are the choice of urban people. It is also gaining wider acceptance in semi-urban and rural areas. The huge charges made by tailors and delay in delivery has made people to switch over to readymade garments. In domestic market and export market, it has made spectacular progress in the last decade. This industry is becoming very vibrant and lot of foreign investment pouring in this industry because of low risk and high earning nature of this industry. Indian garment industry has played a unique role in Indian economy. The garment sector is the largest employer after agriculture and its importance in India’s economy is recognized for its contribution to industrial production and export earnings. Indian textile industry is a self-reliant industry, from the production of raw materials to the delivery of finished products, with substantial value-addition at each stage of processing; it contributes much to the country’s economy. The textile and apparel industry is one of the leading segments of the Indian economy and the largest source of foreign exchange earnings for India. The readymade garment sector is currently the largest contributor to India’s total textile and apparel exports, accounting for roughly 41%. Employment in India’s readymade garment industry now has around 12 million people, making it the largest employment provider for all sectors. This year, this number will increase to 12.9 million. Most of the workers employed in the readymade garment industry in India are women and mainly contributes about 4% of the Gross Domestic Product or GDP of India. Denim Denim has been playing a dual role in India — serving both as a major fashion trend and helping to break down barriers since jeans are worn by consumers across all of the country’s economic strata and in both urban and rural areas. Men’s Denim Segment: Men’s denim enjoy the largest share and are poised to grow at a high CAGR of 14 per cent over the next decade. Until a few years ago, denim was popular with men in the urban cities only, however, it has now gradually become popular in the semi-urban and rural markets also. Growing awareness and an increasing affinity for global fashion have led to this development. Denim is considered the most versatile fabric for men with multiple applications over casual wear, work wear and every day wear. Women’s Denim Segment: Among Indian women, jeans or denim trousers are the most popular articles. Women across different age brackets and spanning all shapes and sizes like to wear denim as it is comfortable, functional and durable. Denim is also gaining popularity in athleisure form among women owing to the comfort provided by stretch denims. Women who are not at ease with western wear have taken up wearing jeans by pairing them with Indian ethnic wear like kurtis. This mix and match style is gradually picking up, particularly among women in small towns and those who come from a traditional background and is likely to further fuel the growth of the segment. Kids’ Denim Segment: This is the smallest segment in the domestic market, but is expected to grow at a high rate primarily due to the availability of the products led by the innovations in the industry for natural, hygienic and flexible fabrics. Growth of the organized retail sector: The denim wear market is dominated by unbranded denim products who constitute 60 per cent of the market and thus tend to give intense competition to branded denim players. However, with many private labels and international brands entering the Indian apparel market, the inclination towards branded denim wear is increasing in consumers. Denim makes up for a sizable share of India’s total textile exports and it is expected that production may increase to 1.5 billion metres by 2020.Indian denim industry is primarily aiming to increase its share in exports, which currently pegged at 35% of production compared to domestic consumption of remaining 65% of the produce. Denim jeans are a type of trousers that are made of denim or dungaree cloth. Denim jeans are very popular among teenagers and hold a major share as a fashion item in the clothing industry. They are considered as casual wear and are donned by women, men, and children. The tremendous popularity of denim jeans and the rising demand for them is the major factor fueling the growth of the global denim jeans market. On the geographical front, North America accounts for the largest share in the overall denim jeans market, followed by Europe and Asia Pacific. However, the introduction of yoga pants and other active wear is expected to hamper the growth of the market in the forecast period. 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Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
Add to Inquiry Add to Inquiry Basket

Apparel Manufacturing Business Opportunity.

Apparel Manufacturing Business Opportunity. Readymade Garments (Jean Trousers & Shirts), Starting a Clothing Industry Readymade garment industry has occupied a unique place in the industrial scenario of our country by generating substantial export earnings and creating lot of employment. Its contribution to industrial production, employment and export earnings are very significant. This industry provides one of the basic necessities of life. The employment provided by it is a source of livelihood for millions of people. It also provides maximum employment with minimum capital investment. Readymade garments are the choice of urban people. It is also gaining wider acceptance in semi-urban and rural areas. The huge charges made by tailors and delay in delivery has made people to switch over to readymade garments. In domestic market and export market, it has made spectacular progress in the last decade. This industry is becoming very vibrant and lot of foreign investment pouring in this industry because of low risk and high earning nature of this industry. Indian garment industry has played a unique role in Indian economy. The garment sector is the largest employer after agriculture and its importance in India’s economy is recognized for its contribution to industrial production and export earnings. Indian textile industry is a self-reliant industry, from the production of raw materials to the delivery of finished products, with substantial value-addition at each stage of processing; it contributes much to the country’s economy. The textile and apparel industry is one of the leading segments of the Indian economy and the largest source of foreign exchange earnings for India. The readymade garment sector is currently the largest contributor to India’s total textile and apparel exports, accounting for roughly 41%. Employment in India’s readymade garment industry now has around 12 million people, making it the largest employment provider for all sectors. This year, this number will increase to 12.9 million. Most of the workers employed in the readymade garment industry in India are women and mainly contributes about 4% of the Gross Domestic Product or GDP of India. Denim Denim has been playing a dual role in India — serving both as a major fashion trend and helping to break down barriers since jeans are worn by consumers across all of the country’s economic strata and in both urban and rural areas. Men’s Denim Segment: Men’s denim enjoy the largest share and are poised to grow at a high CAGR of 14 per cent over the next decade. Until a few years ago, denim was popular with men in the urban cities only, however, it has now gradually become popular in the semi-urban and rural markets also. Growing awareness and an increasing affinity for global fashion have led to this development. Denim is considered the most versatile fabric for men with multiple applications over casual wear, work wear and every day wear. Women’s Denim Segment: Among Indian women, jeans or denim trousers are the most popular articles. Women across different age brackets and spanning all shapes and sizes like to wear denim as it is comfortable, functional and durable. Denim is also gaining popularity in athleisure form among women owing to the comfort provided by stretch denims. Women who are not at ease with western wear have taken up wearing jeans by pairing them with Indian ethnic wear like kurtis. This mix and match style is gradually picking up, particularly among women in small towns and those who come from a traditional background and is likely to further fuel the growth of the segment. Kids’ Denim Segment: This is the smallest segment in the domestic market, but is expected to grow at a high rate primarily due to the availability of the products led by the innovations in the industry for natural, hygienic and flexible fabrics. Growth of the organized retail sector: The denim wear market is dominated by unbranded denim products who constitute 60 per cent of the market and thus tend to give intense competition to branded denim players. However, with many private labels and international brands entering the Indian apparel market, the inclination towards branded denim wear is increasing in consumers. Denim makes up for a sizable share of India’s total textile exports and it is expected that production may increase to 1.5 billion metres by 2020.Indian denim industry is primarily aiming to increase its share in exports, which currently pegged at 35% of production compared to domestic consumption of remaining 65% of the produce. Denim jeans are a type of trousers that are made of denim or dungaree cloth. Denim jeans are very popular among teenagers and hold a major share as a fashion item in the clothing industry. They are considered as casual wear and are donned by women, men, and children. The tremendous popularity of denim jeans and the rising demand for them is the major factor fueling the growth of the global denim jeans market. On the geographical front, North America accounts for the largest share in the overall denim jeans market, followed by Europe and Asia Pacific. However, the introduction of yoga pants and other active wear is expected to hamper the growth of the market in the forecast period. 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