Page 58 - Catalysing Chemicals WIP (Version 2.0) FINAL ARTWORK.cdr

Textiles

The Landscape

Between 2012-15, global largest employers - employing about
consumption of textile chemicals 45 million people directly and 20
grew 2.8% p.a. This growth is million people indirectly.
expected to continue at 2-3% pa
Increasing industrialization, surging
between 2015-20. Indian textile consumption of textile in engineered
industry is the second fastest products, and rapidly rising
growing industry in the world, after awareness about benefits of
China. Textiles continue to be one of technical textile in the workplace,
the largest contributors to India’s will drive the growth of the global
exports. Being a highly labour textile industry.
intensive industry, it is amongst the

USD USD USD USD
120 Billion 230 Billion 180 Billion 40 Billion
Current Size of India's Textile Expected apparel Overall Textile
India's Textile Industry Industry by 2020 market value Exports during
(Estimates) in 2025 FY 2015-16

2% 10% 14% 13% 11.8%

Contribution to Manufacturing Index of Industrial Percentage of CAGR of Apparel
India's GDP Production Production Total Exports Market

54 Chemistry Everywhere
In Pursuit of Sustainable Development