5+ Creative Textile Business Ideas
The textile sector has been one of the most important sectors of the
Indian economy for decades now and has seen steady growth over the years.
In fact, the apparel market is almost 73% of the total Textile Market in
India.
The textile market is expected to grow at a 10% CAGR and is expected to
reach USD 190 Billion by 2025-26.
- Fashion
Textile Designing and Manufacturing
- Home
Textile Designing and Manufacturing
- Textile
Printing
- Crocheted
or Knitted Textile Products
- Online
Textile Store
Fashion Textile Designing and
Manufacturing
Minimum Investment - Rs. 25 Lacs to Rs. 30 Lacs
The fashion textile designing and manufacturing industry is the largest
global industry in terms of revenue.
Also, it is a highly competitive and fast-paced industry
with an increasing demand for new fashion every day.
Thus, if you plan to start fashion textile designing and manufacturing,
you must have:
- Keen
knowledge about fashion.
- Creativity
and Innovation.
- Ability
to learn and adapt to fast-changing fashion.
- Know
how to identify new trends.
- Know
how to use different types of fabrics, threads, and other materials.
- Know
how to sew or knit clothes by hand or machine.
- An
idea about fashion designing, textiles, fabrics, garment designing,
production process and production costs.
Process of Fashion Textile Designing and Manufacturing
The fashion textile manufacturing process begins with the development of
a design.
Designs are often created in computer-aided design (CAD) software, or through sketching and drawing by hand.
After that, the designer will work with the manufacturer to determine
how many yards of fabric are needed for the project. Also, how much thread will
be needed for the sewing process.
They also need to decide on the type of fabric, thread, and sewing
machine that will be used to create their desired look and feel.
Once these decisions have been made, they can submit their finalized
design to the manufacturer, who will use it as an instruction manual during
production.
To start a successful fashion textile design and manufacturing business,
you need to have an idea about fashion designing, textiles, fabrics, garment
designing, production process and production costs.
Home Textile Designing and
Manufacturing
Minimum Investment - Rs. 20 Lacs to
Rs. 30 Lacs
The Indian textile industry is well known for its high-quality and
authentic products. Even in recent years, this industry has seen a lot of
change and growth.
Moreover, the Indian government has taken several initiatives to promote
the textile sector in India and help it reach its full potential as an
industry.
Thus, if you plan to start a home textile designing and manufacturing
business, it is a good time to take this initiative.
In fact, knowing how to start textile business will be a
plus point for you.
Moreover, make sure that the product you design and manufacture should
be of high quality, easy to make, with a low risk of competition and should be
able to generate high revenues.
Process of Home Textile Designing and Manufacturing
The process of the Home Textile Designing and Manufacturing business in India
starts with the selection of raw materials.
This is followed by designing, production, marketing and
distribution.
- Designing:
The design process starts with the idea that the company has for their
product. They then create a prototype of what they want to make and test
it with consumers to see if it's something that people would buy. The
design process involves a lot of creativity from the designers’ side to
create new designs that are not only attractive but also affordable for
the customers.
- Production:
The production process is where all the materials are gathered, cut, sewn,
and assembled into the final product.
- Marketing:
The marketing process is where companies need to make sure that their
product is seen by as many people as possible so they can sell as much of
it as possible. This includes advertising on social media platforms like
Instagram or Facebook, going on TV or radio, or attending trade fairs.
- Distribution:
The distribution process starts after the product has been manufactured
and sent to retailers where it is sold over the counter, through retail
chains local stores or on Amazon.
Textile Printing
Minimum Investment - Rs. 5 Lacs to Rs. 8 Lacs
Textile printing is a process of printing designs and patterns on
textiles.
Printing may be done by various methods, including block-printing,
screen-printing, stencil-cutting or freehand drawing.
The textile printing industry in India is primarily dominated by small
and medium enterprises.
The main reason for this is the low entry barrier, which allows
entrepreneurs to start their businesses.
Moreover, the textile printing industry in India has a huge export
potential because of its low production costs and high-quality standards.
In fact, the textile printing industry in India has grown exponentially
over the past few years.
The main reason behind this growth is technological advancement
in computerized machinery and advances in dyeing technology.
Thus, if you plan to start a textile printing business, make a good
investment in these machines.
Crocheted or Knitted Textile Products
Minimum Investment - Rs. 2 Lacs to Rs. 5 Lacs
The Indian crocheted or knitted textile products are of high quality and
design, which has helped them to be competitive in the international
market.
The most important thing about this business is that it does not require
a large investment and can be started on a small scale with a single machine.
Crocheted or knitted textile products are popular globally because they
are affordable, durable and can be worn for many years without shedding any
quality or design.
In fact, this is best option if you want to go for a home based business
idea and generate a side income out of knitting hobby.
Online Textile Store
Minimum Investment - Rs. 4 Lacs to Rs. 6 Lacs
The online textile store business in India is also booming, with more
than 70% of people shopping for fashion and home textile on their smartphones.
There are many players in the industry and it’s hard to stand out.
So, how do you make your store different from the other stores?
The first thing is to know about your customers and what they
like.
For example, if you are selling clothes for kids then you should keep
that in mind when designing your store.
You can also create a blog and post articles related to fashion trends
for kids or tips on how to dress up your kids for school.
It will help you connect with them better and make them feel more
appreciated by the store owner who cares about their needs.
The second thing is to have good customer service
standards because this will be one of the key factors in your
business.
Other Textile Business Ideas to
Consider
- Making
Custom Clothes
- Textile
Distribution
- Retail
Store
- Trade
Shows
- Embroidery
Unit
- Carpets
and Rugs
- Selling
Fabric Online
- Amazon
Reseller
Challenges in Textile Business
- The
first challenge is to find reliable suppliers for raw materials such as
cotton, wool, silk, etc.
- The
second challenge is to find reliable suppliers for machinery and equipment
required for the production process.
- Thirdly,
there is a need to hire skilled workers to produce quality products at
competitive prices.
- Fourthly,
there is a need to invest in marketing and promotion activities for better
visibility among customers.
- Lastly,
it is necessary to invest in distribution channels so that products can
reach customers easily.
Comments
Post a Comment