Textile Sector

Hometech Quick Facts Indian Technical Industry - Hometech • During 2018-22, the Domestic industry is expected to grow at a CAGR of 20% to US$ 28.7 billion US$ 177 bn • As per Make in India report 2018, technical textile holds 13% Global technical of share in India’s textile sector textile market • Under the Union Budget 2020-21, a National Technical 2018 Mission is proposed for a period from 2020-21 to 2023-24 at an estimated outlay of US$ 211.76 million (INR 1,480 crore) • Major manufacturing units producing home textile products are concentrated in Delhi & Tamil Nadu. As per Base line US$ 16 bn Survey conducted by Ministry of Textiles, Fiberfill and Bed Indian technical fabrics accounts for ~40% of production share in textile market India 2018 • Key International retailers like IKEA and H&M home have also established their retail outlets owning to higher share of home textile products. Segments of Technical Textile (2018) ~US$ 1.7Bn Packtech 5% India’s Hometech 4% 4% Indutech market size (2018) 6% Hometech

7% Mobiltech 42% Clothtech 10% 11% 11% Sportech 5% Meditech Share of India in Buildtech Global technical textiles market • Though, Gujarat is the market leader in India for Packtech & Clothtech products, it is emerging destination for establishment Hometech manufacturing units 10% • Ginni Filaments Ltd., Welspun India, Chiripal Group, Dinesh share of Hometech mills & Gujarat Flotex are few the key players of Hometech products in India’s products in Gujarat technical textile segment

• During 2014-19, India’s exports 600 India’s Hometech Exports (US$ Mn) have grown at a CAGR of 65% 500 and Fiberfill products accounts for 60% of total export share in 400 FY 19 300 • India is depending on the 200 import of high value Hometech 100 products like Bedding fabrics, 0 HVAC filter fabric & furniture FY-15 FY-16 FY-17 FY-18 FY-19 fabrics Export 316 294 324 380 538 Source : Ministry of Textiles, DGCIS, GoI Project 7: Hometech Manufacturing Unit

Approx. ~USD 0.95 million* Probable Project Location project cost (~INR 6.65 Crore) *Cost Breakup has been mentioned below

Present Status Ahmedabad • Gujarat has an advantage in terms of Sanand production & availability of raw materials and it is the largest producer of manmade and synthetic fabric • Presently, There are 197 technical textile units(till February 2020) with a total Probable Location: Sanand investment of US$ 582 million Proposed Area: 1.5 Acres (~6,000 sq. m) • In FY 19, 37 new technical textile units were established in Gujarat with an investment of Connectivity INR 370 crore (US$ 53 million). Nearest Major City: Ahmedabad (25 km) • Major units of technical textiles are mainly Road: Connectivity to major major cities concentrated in Ahmedabad & Surat like Ahmedabad, Delhi & Mumbai via NH8. followed by Vadodara and Kutch Upcoming Delhi-Mumbai expressway • During 2014-19, Gujarat’s exports have grown at a CAGR of ~55% and state Nearest International Airport: accounts for ~35% of India’s Hometech Ahmedabad International Airport (45 km) exports • Blinds, fiberfils and furnishing fabric are Nearest Major Port: Kandla - (276 km) key Hometech products manufactured in Mundra - (320 km) Gujarat. Project location lies under the influence • Gujarat has established numerous industrial area of Delhi Mumbai Industrial Corridor training institutes offering various courses in textiles for skill development Indicative Project Cost:

Investment Opportunities for Homtech Project Components Cost (US$ Mn) Manufacturing Units: Land* 0.05 ** • Gujarat is frontrunner in Packtech & Buildings 0.21 Agrotech products and state also looks Plants & Machinery 0.57 forward for the Hometech as an emerging Utilities 0.03 market segment. Contingency @ 10% 0.09 Total Project Cost 0.95 • The Government of Gujarat plans to invest US$ 3.28 billion to support the textile * Land cost as per the allotment price for Sanand industry by 2022 and create one million by GIDC (2019-20) – INR 3,780/sq.m jobs in the industry ** Cost of Construction of buildings for 900 sq. m space @ Rs. 25,000/ sq. m • Hometech products having significant growth potential are as mentioned Export Opportunity from Gujarat:  Floor covering,  Non-woven wipes • Gujarat’s textile industry poses an  Carpet backings export opportunity for products like  HVAC Filter fabrics blinds, fiberfils, mosquito nets, bed  Curtains etc. to country like USA, China,  Bed Bangladesh & Turkey US$ 1 ~ INR 70