The Indian Accoutrement and Textile industry is abundantly burst with the better amateur accepting beneath than 2% of the bazaar share. Apart from accidental the accomplished net consign balance (16 percent), it contributes about 14 percent to the absolute automated assembly and 4 percent to the GDP. It is a labour-intensive industry that provides all-embracing application abnormally for women back it is non-hazardous, appropriately creating a level-playing acreage for them in agreement of job opportunity. It is the additional better application provider in India afterwards agriculture. (Annual Report, 2005-2006, Ministry of Textiles).
For an industry of this ability and size, the acceptance of IT by the Indian accoutrement industry has been woefully inadequate. North American and European accoutrement companies absorb about 3 to 5% of their revenues on IT. The Indian accoutrement industry in contrast, has about invested beneath than 1%.
Historically there accept been abounding affidavit for this low usage.
1) Earlier a lot of of the software suppliers in the Indian bazaar accept been North American or European companies for e.g., in the case of CAD, the ancient vendors in the Indian bazaar were Gerber and Lectra. In 1995 CAD solutions were accessible for about USD 45000! Today the aforementioned band-aid is accessible at USD 15000.
2) Earlier vendors had proprietary solutions that were not accordant with added applications. Barter who bought a CAD arrangement had to buy it from the aforementioned bell-ringer the next time; this was acclimated for ‘vendor lock-in’. Often this meant that the bell-ringer had no allurement for superior abutment or for avant-garde analysis arch to bargain prices.
3) The baby basin of professionals accomplished on IT applications of the accoutrement industry meant there were not abundant humans who could be recruited from the bazaar in case anyone afflicted jobs.
Fortunately for India, a lot has changed. Firstly, the Indian Software industry has appear of age and India is broadly admired today as one a allotment of the hottest destinations for software engineering. Almost all software majors including IBM, Microsoft, and Oracle accept engineering and R&D centers in India today.
Secondly, the Indian Auto-ancillary industry is a abutting parallel. This industry has emerged as a arch sourcing destination for auto majors. Despite the ascent animate prices and the actuality that animate is a above basic of the auto cost; the car costs accept remained stable. Are you apprehensive how? Well, this has been fabricated accessible because of IT acceptance by the Indian spare-part suppliers. IT has enabled the Indian auto-ancillary industry to accumulate their processes and aggressively cut costs. For the Indian accoutrement industry to appear as the favourite outsourcing destination for arch brands and retailers world-wide, it needs to challenge the IT action of the auto-ancillary industry.
Thirdly, Indian accoutrement companies accept developed from ancestors run to professionally organized set ups, giving added accent on implementing IT solutions to access the abundance and aswell accouterment us ample area expertise.
Finally, institutions like NIFT, ATDC, ALT, Pearl academy etc played a beat role in training ample amount of professionals for the industry.
Many accept it is alone a amount of time afore an Indian aggregation scales to become the better software aggregation globally accouterment to the accoutrement industry.
In this scenario, it is alone analytic that the Indian accoutrement industry is able to acquire allowances of the accustomed strengths of the Indian software industry.
Indeed it can be argued that, investment in software to actualize a active action that responds to alien and centralized barter in absolute time to abate throughput times, costs and advance superior is India’s aegis adjoin China’s huge factories that acquire allowances from economies of scale. This is abnormally accurate as India is acceptable to abide to excel in top amount added styles of abate adjustment quantities.
There are already a amount of functionally rich, user affable software applications accessible in India. For e.g., REACH CAD, REACH Fashion Studio, REACH Merchandising Manager, REACH Cut artist etc are offered by REACH Technologies and are getting acclimated by over 450 audience beyond the country.
We are already witnessing the actualization of companies like REACH that offer
OPEN solutions: Software applications that will ‘talk’ to applications from added vendors as well.
MODULAR solutions: Software solutions that are allotment of a beyond apartment enabling the chump to accept to arrange what is appropriate as and if required.
EXTENDED PRODUCT SOLUTIONS: Products do not bear amount on their own. Accomplished professionals in affiliation with the artefact do. So the bell-ringer who brings to the table the best supply and allotment capabilities will accept an edge.
RENTALS: Barter will more apprehend to accept solutions ‘ON DEMAND’ that is they charge the band-aid for a specific time period. They are afraid to accomplish a basic investment but accommodating to pay for application the band-aid on as ‘Pay-As-You-Go’ basis.
Indian accoutrement industry will more accomplice with the Indian software industry in its adventure to become a all-around amateur in the post-quota era.