Project Report For Clothing Shop
The project report for Clothing Shop is as follows.
India’s clothing industry is an enterprise of Rs -1 trillion. Nearly 33 per cent of its knitwear output and around 20 per cent of its woven-garment production join export industries, by both volumes.
To sum up, roughly 25 per cent of the amount of its clothing product goes into export industries, allowing 75 per cent for local use.
The sector includes over one lakh unit and hires over 6 million employees in almost exact ratio, both directly and indirectly.
The indirect fraction helps maintain the direct production industry in the form of articles related to the clothing industry, such as sewing/embroidery thread, buttons, buckles, zippers, metal plates, cardboard sheets, plastic butterflies and packaging materials.
The organized sector of the clothing industry is approximately 20 % of the total business sector, with the main focus being on exports. These are typically restricted companies, and the others are patented or partnership companies.
Regionally, men’s clothing is produced mainly in southern and western India, while women’s clothing manufacturing is predominant in northern India.
Market potential & Strategy
Fibre-wise, 80 per cent of manufacturing consists of cotton clothing, 15 per cent of synthetic/mixed garments as well as the remainder of silk and wool garments.
The sector produces over 100 types of clothes for men, women and children.
This would include overcoats/raincoats, suits, ensembles, hats, jeans, skirts, pants, ties, blouses, inner clothing, t-shirts, jerseys/pullovers, baby apparel, as well as accessories such as shawls/scarves, handkerchiefs, gloves and dress pieces.
Fabric accounts for 65 to 70 per cent of the cost of manufacturing, with labour accounting for 15 per cent and the rest for overhead costs and profit from the supplier.
Over the past few years, 9 to 10 per cent of the spending power goes to the procurement of textiles and clothing in products such as house finishing, drapes, chandeliers and the like.
Indian exports of clothing and accessories are sent to every part of the world. Currently, however, the US, the EU and Canada compensate for 70 per cent of total export. Places in Asia, Africa, Eastern Europe, Australia, New Zealand and Pacific Ocean Countries compensate for the rest.
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