Domestic technical textiles Industry Segment-wise consumption of ...

Capital Employed and Profitability of key players of Sportech
Company Name
Capital Employed
(Rs crore)
Net Profit Margin
(%)
2006-07 2007-08 2006-07 2007-08
Bata India Ltd. 189.6 210.4 4.9% 5.2%
Cosco (India) Ltd. 36.0 36.1 0.5% 0.2%
Entremonde Polyecoaters Ltd. 6.5 7.3 2.5% 2.3%
Forbes & Co. Ltd. 491.8 287.3 1.4% 0.8%
Garware-Wall Ropes Ltd. 184.2 245.2 6.5% 5.9%
Gokak Textiles Ltd. NA 194.9 NA -1.7%
Jasch Industries Ltd. 20.5 23.4 3.8% 3.3%
Lakhani India Ltd. 71.7 133.0 12.1% 0.8%
Liberty Shoes Ltd. 133.2 144.3 7.2% 6.0%
Mayur Uniquoters Ltd. 25.1 28.9 3.7% 5.2%
Relaxo Footwears Ltd. 97.3 114.8 2.7% 3.4%
Source: Prowess Database, IMaCS Analysis
Sportech segment of technical textiles is estimated to provide employment to 88,000 people 12 of
whom number of technical 13 employees is estimated at 70,000 and number of non-technical
employees is estimated at 18,000.
The key impediments to growth of Sportech products are:-
1. Inadequate domestic demand
2. The raw materials and machinery for products like Ballooning fabric and Artificial turfs is not
available in India which render these products expensive as compared to other manufacturing
countries
3. Demand for products like parachute fabrics, tents, etc is driven primarily by the defence
sector only
4. Sportech products are typically labour intensive; availability of skilled labour is a major
impediment to growth
5. Licenses and clearances required for products like Ballooning fabric are a major impediment
as well
12 Employment has been estimated based on the analysis of primary and secondary data available for the
technical textile manufacturers. IMaCS has made appropriate adjustments because of insufficient data.
13 Technical includes managerial staff and skilled labour whereas non-technical includes unskilled labour.