Centre Gives Nod For Gulbarga Textiles Park

The Karnataka government’s proposal for setting up a textiles park at Gulbarga has been given a nod by the Central Government, the State Textiles Minister, Mr. R Varthur Prakash has revealed.

The Minister stated that the Centre would provide Rs. 400 million by way of assistance for setting up the park. He informed that the State has also urged the Centre to set up such parks in Bellary, Kolar, Belgaum, Tumkur, Chikkaballapura and Chitradurga.

Mr. Prakash said the State has met with good response at the Technotex 2011, an international seminar on technical textiles held in Mumbai, where Karnataka was a partner State.

He added that the State is likely to attract investments worth around five billion rupees. He further said that the State would provide a power subsidy of one rupee per unit to the industries setting up their units in textile parks of the State.

Presently, the State houses around 2,500 garment units in its textile parks, in addition to around 55,000 handlooms and 1.007 million powerlooms.

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World Apparel Fiber Consumption Survey by ICAC

The 2011 FAO/ICAC survey, prepared jointly by the Trade and Markets Division of the Economic and Social Department of the Food and Agriculture Organization of the United Nations (FAO) and the International Cotton Advisory Committee (ICAC), is the third joint edition since the annual survey done by FAO alone was discontinued in 1995. The second joint edition covered the years 1992, 1996, and 2000 through 2004. The present FAO/ICAC survey covers the years 1992, 1996 and 2000 through 2008 for both developing and developed countries.

World fibre consumption has been steadily trending up over several decades. Per capita consumption was about 3.7 kilogram in 1950 and climbed to 104 kilogram in 2008. Given the nature of the final products of fibres, clothing and textiles, fibre consumption is sensitive to the global economic situation. The World Apparel Fibre Consumption Survey during 2004 - 2008 recently completed by the Economic and Social Development Department of the Food and Agriculture Organization of the United Nations (EST/FAa) and the International Cotton Advisory Committee (ICAC) revealed the latest developments in world fibre consumption.

Global Economic Trends affected Fibre Consumption

Final products of fibres can be grouped into three major categories clothing, textiles for home and for industrial uses. These final products respond differently to changes in income and prices, depending on whether they are consumed as necessary goods, luxury goods, or durable goods. Therefore, world total fibre consumption is exposed to the influence of global economic developments.

Encompassing an annual average growth of the world gross domestic product (GDP) of 4.2% during 2000 - 2007, per capita world fibre consumption increased by nearly 35%, from 8.3 kilograms in 2000 to 11.1 kilograms in 2007. However, the economic stagnation in developed countries in 2008 resulted in a reduced rate of GDP growth for the world (3%), and a 64% contraction in per capita world fibre consumption, to 104 kilograms.

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