Market composition of US$ 104 billion global home textiles market of which global towels market is US$ 25 billion which India continues to dominate.
COMPETITIVE ADVANTAGE OF INDIA
- Solapur renowned as"The Towel City of India" for its crafty Jacquard terry towels, with wide ranges of colorful terry towels being manufactured at reasonable costs.
- Also known as one of the ‘Manchesters of India’ owing to its thriving cotton textiles industry, Solapur possesses a rich blend of cultures, interesting mythology and a thriving cottage and small scale industry base that deals with the agricultural produce of the region.
- With its unique designs, Solapur’s terry towels are a protected and recognized Geographical Indication under the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).
- Solapur is located at an important junction of the North-south railway line, which provides good transportation infrastructure for trade and industry. There are a number of medium and small-scale industries found in the district, and Solapur is one of the prime centers of cotton mills, handloom and powerloom industry.
Top 20 towel importing countries from India
(In US$ millions)
India’s key export market of towels