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Domestic
potential
As
per a study conducted by Textiles Committee, per capita purchase
of textiles in the domestic market (household) has steadily increased
over the years. In 1990, it was 14.03 metres, which increased to
14.85 metres in 1995, and further to 18.65 metres in 2001. The study
has projected per capita consumption for 2005 at 19.53 metres. This
clearly shows that the domestic market has got tremendous potential
and one cannot simply ignore such a vast opportunity. The total
domestic market size for textiles is also increasing, from 11621
million metres in 1990, to 13,497 million metres in 1995 and 19,154
million metres in 2001. The market size in 2005 is estimated at
21,468 million metres.
The
per capita consumption of blended textiles in the domestic market
is likely to maintain its high growth trend in coming years too.
The per capita consumption of blended textiles is projected to increase
to 10.41 metres in 2005 from 9.02 metres in 2002. The report has
projected per capita consumption of blended textiles at 9.48 metres
for 2003 and 9.48 metres for 2004. The per capita consumption of
blended textiles in the household sector of the domestic market
has gone up substantially in the last one decade. On the other hand,
per capita consumption of cotton and non-cotton textiles is likely
to decline marginally in years to come. The per capita consumption
of cotton textiles is estimated to decrease to 6.72 metres in 2005
from 6.85 metres in 2002. The per capita consumption of cotton textiles
declined by 0.42 metres to 7.02 metres in 1995 from 7.44 metres
in 1990. However, there was a marginal increase to 7.45 metres in
2001 and 7.87 metres in 2002. The per capita purchase of non cotton
textiles is estimated to decline to 2.40 metres in 2005 from 2.42
metre in 2002. The consumption in the non cotton segment has been
stable over the years. Even as per capita consumption may have declined
in certain fibres, the market size for all fibres has grown. The
market for cotton textiles grew to 6381 million metres in 1995.
In 2001, it grew further to 7651 million metres and the projection
for 2005 is placed at 7392 million metres. The market for non-cotton
textiles declined in 1995 to 1927 million metres, from 2286 million
metres in 1990, and increased again to 2464 million metres in 2001.
The estimation for 2005 is 2635 million metres, a growth of 6.94
per cent. The market for blended textiles has increased three-fold
during 1990-2000. The growth is expected to continue during 2001-05
by 26.57 per cent and the projection for 2005 is placed at 11,441
million metres. One thing is amply clear that the domestic consumption
is gradually following the global trend and the future transition
will be much faster due to the integration process. The domestic
production chain, no doubt, is trying to adjust to the situation,
but still lot is left to be desired. Today, there is need to put
up demand-driven capacities for sustaining the growth process.
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