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High Value Added Consumer Products Sector Review

 

Definition and scale of sector

  • Tableware ceramics,
  • Jewellery,
  • Crystal glass,
  • Leather goods,
  • Clothing, carpets
  • General Engineering
  • General Manufacturing

Why the sector was chosen in the West Midlands

  • Longstanding concentrations of traditional consumer product industries in older urban core. Also craft based production an important component in some rural economies.
  • Key influence played by design and marketing in the development of a future for these industries around improved value added opportunities.
  • Process efficiency improvements important in sustaining volume manufacturers.

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Gems and Jewellery Sector Report - December 2010

Gems and jewellery form an integral part of Indian tradition. A legacy passed from one generation to another. The components of jewellery include not only traditional gold but also diamond, platinum accompanied by a variety of precious and semi-precious stones.
The Indian gems and jewellery sector is expected to grow at a CAGR of around 13 per cent during 2011 – 2013, on the back of increasing government efforts and incentives coupled with private sector initiatives, according to a report ‘Indian Gems and Jewellery Market Forecast to 2013’, by RNCOS.
As per the credit rating agency Crisil, the diamond industry in India is predicted to remain stable during 2010-11 due to improved prices and steady demand.
Gems and jewellery exports from India is expected to grow by 30-35 per cent in 2010-11, according to the Gem and Jewellery Export Promotion Council (GJEPC), on the back of revival in demand in the international markets.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

Textiles Sector Report - November 2010

The Indian textile industry contributes about 14 per cent to industrial production, 4 per cent to the country's gross domestic product (GDP) and 17 per cent to the country’s export earnings, according to the Annual Report 2009-10 of the Ministry of Textiles.
The industry provides direct employment to over 35 million people and is the second largest provider of employment after agriculture.
According to the Ministry of Textiles, the total cloth production increased by 10.2 per cent during September 2010 as compared to September 2009. The highest growth was observed in the powerloom sector (13.2 per cent), followed by hosiery sector (9.1 per cent). The total cloth production during April-September 2010 has increased by 2.1 per cent compared to the same period of the previous year.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

Engineering Opportunities in India - July 2010

India sustained its position as one of the fastest growing economies in the world by achieving a 7.4 per cent growth in GDP in 2009-10. India is also one of the largest economies in the world, having joined the trillion dollar economies in 2007. IMF has projected a growth rate of 9.4% in 2010-11.
Indian manufacturing sector currently shows a strong upturn. The sector grew at 10.8 per cent in FY 2009-10, and expanded fastest over two years in May 2010.
The growth has been fuelled by accelerating internal consumption led demand coupled with large investments by domestic and international majors. The large and diverse Indian manufacturing sector offers a very interesting mix of opportunities to overseas companies.

Source: UK Trade & Investment

FOR THE FULL REPORT PLEASE CLICK HERE

 

Retail Sector Report from IBEF - April 2008 

India tops the AT Kearney's annual Global Retail Development Index (GRDI) for the third consecutive year, maintaining its position as the most attractive market for retail investment.

The Indian retail market, which is the fifth largest retail destination globally, according to industry estimates is estimated to grow from the US$ 330 billion in 2007 to US$ 427 billion by 2010 and US$ 637 billion by 2015. Simultaneously, modern retail is likely to increase its share in the total retail market to 22 per cent by 2010.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

Gems and Jewellery Sector Report from IBEF - April 2008

Gems and jewellery play a significant role in Indian customs and traditions, making this sector integral to the economy and one of the fastest growing industries in the country.

Worldwide, the gems and jewellery industry has been growing at a good pace and is currently estimated at over US$ 130 billion. In India, it accounts for nearly 20 per cent of total Indian exports. It provides employment to 1.3 million people directly and indirectly.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

Crafting A New Course - December 2007

The handicraft sector, which is dominated by small, unorganised players, is emerging as a flourishing economic activity in India, generating thousands of new jobs and fetching increasing revenues. One often lands up in a state-run emporium to pick up those lovely carpets, handcrafted jewellery and even embroidered clothes. Whether it's for self-consumption or as gifts, there is nothing like buying handicrafts.

This segment is witnessing a boom with increasing exports and domestic consumption - which in turn is generating more employment. "Exports of handicrafts have been rising consistently at an average of 15 per cent per annum for the past decade," says Sanjay Agrawal, development commissioner (handicrafts), Ministry of Textiles. "In fact, total exports of handicrafts during 2005-06 were in the range of $3.6 billion against $2 billion during 2000-01."

Source: India Brand Equity Fund (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

Fashioning a New Business - December 2007

India, globally renowned as an outsourcing destination especially in Information Technology, is now heralding a new wave of outsourcing. But there is no complicated technology involved in this. India is now being identified as one of the fast emerging centres for outsourcing apparel and fashion design. This may not come as a surprise though, since India is among the top five garment exporters in the world, next only to China.

And interestingly, the city that fetched India recognition in the IT sector is driving the new wave of outsourcing. Bangalore, the capital of the south Indian state of Karnataka, which has added a new word to the English lexicon, is now home to some of the new breed of fashion design studios that take up apparel and fashion outsourcing contracts from well-known brands from the western world.

Source: India Equity Brand Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

The Journey to the High-end of the Spectrum - A Report from IBEF - November 2007

As the world continues to buzz about the growth, the rise in living standards and the growing investment into India, headlines proclaiming 'The rise of the great Indian middle class' have become second nature. Yet, without as much fanfare, almost behind the scenes, the top of the pyramid too has been expanding.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

 Luxury Brands - November 2007

International luxury brands are discovering a vibrant market for their goods in India. For the growing number of affl uent Indians, many of the top brands are now available at up-market malls and retail outlets in the major metros, says Nayantaraa Lama.

THE number of millionaires in India, Russia, South Korea, and South Africa is rising at 15-21 per cent a year. According to estimates by investment bank Merrill Lynch, the Asia Pacifi c region already has 2.4 million millionaires compared with 2.8 million in Europe, and 2.9 million in America.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

Driving in style - November 2007

India's growing affl uence is driving the luxury car market, luring in leading makers of premium vehicles from around the globe. Annamma Oommen tracks the frenetic pace of growth of this segment.

INDIA is fast turning out to be a coveted destination for luxury car manufacturers. And the reasons are not hard to spot.

Firstly, a booming domestic market is attracting luxury brands across categories. Secondly, a highly skilled engineering work pool combined with the labour arbitrage opportunity has resulted in India becoming an export hub for global car manufacturers like Hyundai and Suzuki. Finally, the Indian auto ancillaries industry has achieved world class status through not just high quality manufacturing but also through global mergers and acquisitions.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE 

 

Furniture Report from IBEF - October 2007

Here you will find an overview of India's furniture market.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

Machine Tooling Sector Review - July 2007

Investment

The Indian Machine Tool Sector is displaying a strong upturn fuelled mainly by a buoyant economy, strong domestic demand from the manufacturing sector and an increasing export potential. Indian engineering companies are moving up the value chain by investing in R & D and sourcing technology from global companies. A number of companies are expanding fast to become globally competitive and access global markets. An increasingly open and strong economy and cost advantages are attracting a number of foreign players to the market. Aside traditional export and investment opportunities, foreign companies are looking at collaboration and offshoring opportunities, in both manufacturing and R & D.

Source: UK Trade & Investment

FOR THE FULL REPORT PLEASE CLICK HERE 


 

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