SCOPE OF

BUSINESS
OPPORTUNITIES IN
TEXTILE, HOSIERY
AND ALLIED AREAS
Over the past years, the garment industry has
been building up on its capacities at various
levels, expanding its product base, incorporating
innovative technology, and engineering newer
avenues of business. This sector, being one of
the largest industrial sectors of the country, is a
major propellant of the economy’s growth.
Inherent issues and challenges dominate the
industry. With the changing dynamics of doing
business in a rapidly-changing global economic
scenario, the sector needs to identify scopes for
potential business ideas and overcome
challenges by converting them into fresh
opportunities.
The Indian apparel industry (including garment
retail, fashion designing and accessories
trade) is booming like never before. The rapid
increase in job opportunities and expanding
earning capabilities has resulted in the
inculcation of a brand new mindset amongst
Indian consumers. Spending on brands is no
longer an improbability, with shoppers willing
to pay for quality and premium products. The
apparel industry has benefited immensely
from these new market trends.
10 Small Business Ideas in Garment Industry

• Small Factory Set up

• Sub-contracting Business
• Garment Wholesale Business
• Clothing Store
• Export Surplus Garments Store
• Printing and Embroidery Unit
• Washing Plant
• Garment Buying agency
• Consultancy Services
• Information Technology Services
 STEP-BY-STEP
GUIDE FOR MAKING
YOUR BUSINESS
PLAN
•Select Product Category
• Estimate Production Requirement
• Number of Machines
• Type of Machines
• Raw Materials Requirement
• Factory Space Requirement
• Manpower Requirement
Project Cost
People frequently ask, how much money one needs to
invest for the small size garment business? Here it is.
To know the estimated budget you have to prepare
cost of the project. You need to calculate total capital
investment, Rent, EMI amount (if you are taking loan),
salary for staff, workers wages and running costs. Also
include finance required for sourcing raw materials for
initial months and other expense etc. To run you
business without financial problem, prepare monthly
cash flow requirement for at least one year.

To estimate project cost you can seek help from an

expert.
•Internal Process Flow
• Supplier Listing
• Reach to Your Customers
Indian Hosiery Industry
The birthplace of the Indian Hosiery Industry and of Bengal Hosiery
Industry was incidentally the same – the city of Kolkata. We should
pay homage & gratitude to pioneering chairperson Anand Mohan
Mukherjee who established the first hosiery factory in Kolkata, India
under the name & style of “The Oriental Hosiery Company Ltd” in
1893 at Ashu babu in Khidderpore. He was a true nationalist and
visualized dream of indigenous cotton knitwear after importing
knitting machines from Germany.

Labour problems in 70s and 80s further took the hosiery industry
away from Bengal and it lost its sheen and was no more the
primary center of the Indian Hosiery Industry. Bengal is still an
important center for the domestic hosiery production but the lack of
export production and capability is a sore point. Efforts are now
underway to regain its past glory, however a lot has to be done on
all fronts of production. The most unfortunate thing is that most of
the big domestic brands have their origin in Kolkata though
production is done more in Tirupur.
"If the Indian textile industry takes the
right steps and gets adequate policy
support from the Government, it could
cross $500 billion by 2025 from its
present size of $108 billion. This will also
catalyse another 35 million jobs and
$200 billion of investments," according
to a study report by leading textile and
polyester consulting firms Wazir
Advisors and PCI Xylenes & Polyesters.
THANK YOU