Interesting read about the dynamics of dyestuffs industry as input to textile industry -
http://www.digitaljournal.com/pr/3368591
India specific snippet from the article -
Petroleum and its derivatives are the primary feedstock used in the manufacture of dyestuff. Fluctuation of raw materials prices and stringent government regulations in various countries in the use of petroleum derivatives is expected to hinder the market growth during the forecast period. As per the current situation India is expected to be the most favorable region for dyestuff for cotton market due to favorable government policy coupled with rising economy and growing textile industry, the country is expected to witness a significant growth for the global dyestuff market during 2017-2025. For instance, according to India Brand Equity Foundation (IBEF)—a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian textiles industry, in 2016, was estimated at around US$ 108 billion, is expected to reach US$ 223 billion by 2021.
Another article i found interesting in the context of dyestuff industry - http://www.doingbusinessinmaharashtra.org/Dyestuff_Sector.aspx
Snippet from the article
Exports of Dyestuffs
Exports of dyes is progressively showing an upward trend since the last two years. Major exports of dyes are to developed countries like Germany, U.K., U.S.A., Switzerland, Spain, Turkey, Singapore and Japan. Exports of Dyes to Latin American and African Countries have also started picking up. These are new emerging markets for theIndian exporters. The industry has prepared a future strategic action plan for dyes and dye intermediate and expects to achieve a target of export of dyes and dye intermediate from present Rs. 7000 crores to Rs. 12000 crores by the end of this decade. The industry also feels that an export growth of this magnitude can be achieved only if there is close coordination between the Govt., Industry, Financial and technical institutions so that a conducive atmosphere providing a level playing field is created. The industry needs to create a set up to monitor very regularly the growth in exports and take necessary corrective action along the route – to achieve the targets. In India, the per capita consumption of dyes is 50 gms., which is very low as compared to a world consumption of 425 gms., which indicates that there is a tremendous potential for growth of this sector in India.
And here is another one
The impact of Global Meltdown on Indian Dyestuff Industry - http://www.fibre2fashion.com/industry-article/3769/impact-of-global-meltdown-on-indian-dyestuff-industry
In India, Dyestuff Industry supplies its majority of production to the textile industries. Enormous amount of dyestuff products from India are exported to textile industries in Europe, South East Asia and Taiwan. India presently manufactures all kinds of synthetic dyestuffs and intermediates and has its strong hold in the natural dyestuff market. India is a one of the major global producers of dyestuffs and dye intermediates, principally for reactive, acid, vat and direct dyes. India has approximately 6 percent share in the world production of dyestuff products.
Indian dyes and textile chemicals industry is no more insulated from the global meltdown. Industry sources say that the exports of Indian dyestuff is expected to go down in the second half as compared to the first half of this year due to global melt down and tough competition from China. Indian dyestuff industry faced less competition during the time of Olympics because some of the Chinese companies were shutdown temporarily due to the environmental laws introduced by China’s Government. However the Chinese companies are back in business now, which is believed to probably affect the Indian exports.
