Capacity Building: How TEXPROCIL Empowers MSMEs in the Cotton Textile Sector

The Cotton Textiles Export Promotion Council (TEXPROCIL) has been instrumental in empowering Micro, Small, and Medium Enterprises (MSMEs) within India’s cotton textile sector. Through targeted initiatives in training, market access facilitation, and policy advocacy, TEXPROCIL has significantly bolstered the capabilities and global competitiveness of these enterprises.

Training and Skill Development Initiatives

Recognizing the pivotal role of skill development in enhancing productivity and quality, TEXPROCIL has launched various training programs tailored for MSMEs. These programs focus on modern textile manufacturing techniques, quality control measures, and sustainable practices. By equipping MSME workforce with advanced skills, TEXPROCIL ensures that these enterprises can meet international standards and consumer expectations.

Enhancing Market Access

Access to global markets is crucial for the growth of MSMEs. TEXPROCIL actively facilitates this by organizing participation in international trade fairs, buyer-seller meets, and trade delegations. These platforms provide MSMEs with opportunities to showcase their products, network with international buyers, and explore new business avenues. For instance, during April–August 2021, exports of cotton textiles under TEXPROCIL’s purview reached US $5,973 million, marking a 43% increase over the same period in 2019(texprocil.org)

Policy Advocacy and Support

TEXPROCIL plays a crucial role in advocating for policies that favor the growth of MSMEs in the cotton textile sector. By engaging with government bodies, the council has successfully lobbied for favorable policies, financial incentives, and infrastructural support. For example, the government increased the interest subvention on pre-shipment and post-shipment finance for exports by MSMEs from 3% to 5%, a move welcomed by industry leaders

Additionally, the revised MSME definition, enhancing investment and turnover limits, has been a positive step for the sector

Collaborations for Sustainable Growth

In a bid to promote sustainable practices, TEXPROCIL partnered with CottonConnect to introduce ‘Kasturi Cotton,’ India’s first branded cotton. This initiative focuses on traceability and adherence to high-quality benchmarks, aiming to position Indian cotton favorably in global markets.(cottonconnect.org)

Impact on MSMEs: Facts and Figures

The concerted efforts of TEXPROCIL have led to measurable improvements in the MSME sector:

• Export Growth: The cumulative exports of cotton textiles during April–August 2021 achieved US $5,973 million, a 43% growth over the same period in 2019

• Employment Generation: Capacity building initiatives have led to increased employment opportunities within MSMEs, contributing to rural development and poverty alleviation.

• Quality Improvements: Training programs have resulted in enhanced product quality, leading to better acceptance in international markets.

How Altus Exports Can Assist Indian Manufacturers

Altus Exports, with its extensive experience in international trade, offers valuable support to Indian manufacturers aiming to expand their global presence. By partnering with Altus Exports, manufacturers can benefit from:

• Expertise in Market Access: Altus Exports excels in identifying potential buyers across various international markets, leveraging deep market insights to match products with suitable buyers.

• Comprehensive Marketing Support: With a skilled marketing team, Altus Exports utilizes both traditional and digital marketing strategies to promote products, generate leads, and secure orders.

• Extensive Network: A vast network of distributors, agents, and retailers facilitates smoother market entry and quicker establishment of products in new regions.

• Streamlined Export Processes: Assistance with documentation and compliance ensures that products meet international standards and regulations, simplifying the export process.

Manufacturers interested in partnering with Altus Exports can explore collaboration opportunities by visiting their manufacturer partnership page.

Conclusion

TEXPROCIL’s dedicated initiatives in training, market facilitation, and policy advocacy have significantly empowered MSMEs in the cotton textile sector, enhancing their competitiveness and global footprint. Collaborations with organizations like Altus Exports further bolster these efforts, providing manufacturers with the tools and support needed to thrive in international markets.

Future Outlook: TEXPROCIL’s Strategies for Enhancing Cotton Textile Exports Post-2025

Celebrating 70 Years of TEXPROCIL: Milestones and Achievements in Export Promotion

Networking Opportunities: How TEXPROCIL Connects Indian Exporters with Global Buyers

Market Intelligence Services: TEXPROCIL’s Support in Navigating Global Markets

Policy Advocacy: How TEXPROCIL Represents Exporters’ Interests in Trade Negotiations

Global Outreach: TEXPROCIL’s Participation in International Trade Fairs and Exhibitions

Capacity Building: How TEXPROCIL Empowers MSMEs in the Cotton Textile Sector

Promoting Sustainability: TEXPROCIL’s ‘Kasturi Cotton’ Initiative

Financial Assistance Programs Offered by TEXPROCIL to Cotton Exporters

TEXPROCIL’s Role in Enhancing India’s Cotton Textile Exports