Executive Summary
Strategic overview of Siva Textile Mill's export expansion initiative
Business Opportunity
Siva Textile Mill is positioned to capitalize on the growing global textile market valued at $161.9 billion with an annual growth rate of 8-10%. Our transition from domestic to international markets represents a significant opportunity for revenue expansion.
Key Products for Export
- Cotton Yarn High Potential
- Recycle Coloured Yarn Very High Potential
- Cotton Fabric High Potential
- Poly Cotton Fabric Medium Potential
- Dyed Fabric High Potential
- Natural Cotton Fabric Very High Potential
Team Structure & Investment
Leadership
Export Manager
Reports to CEO
βΉ8-12 lakhs per annum
Operations Team
2 Export Executives
Market Research & Documentation
βΉ3-5 lakhs each per annum
Total Investment
βΉ34-53 lakhs
First Year Setup
Including team, tech, marketing
Key Success Factors
π― Market Focus
Target high-demand markets: USA (29%), Germany (8%), UK (6%), UAE (5%)
π Quality Certifications
OEKO-TEX, GOTS certifications for premium market access
π Technology Integration
Export management software and digital marketing platforms
πΌ Professional Team
Experienced export manager with dedicated support team
Company Overview
Current position and capabilities of Siva Textile Mill
Current Market Position
Siva Textile Mill has established itself as a reliable manufacturer in the domestic textile market, specializing in high-quality cotton products and sustainable textile solutions. Our strong foundation in domestic operations provides the perfect platform for international expansion.
Manufacturing Excellence
- State-of-the-art production facilities in Tirupur
- Consistent quality control processes
- Sustainable manufacturing practices
- Flexible production capacity
Product Portfolio Strength
- Diverse range of cotton-based products
- Focus on sustainable and recycled materials
- Both raw materials and finished fabrics
- Customization capabilities
Product Portfolio Analysis
Raw Materials
Fabrics
Competitive Advantages
π Location Advantage
Tirupur textile hub provides access to skilled workforce, suppliers, and export infrastructure
π± Sustainability Focus
Recycle coloured yarn and natural cotton products align with global sustainability trends
π° Cost Competitiveness
Efficient production processes and strategic location ensure competitive pricing
π§ Customization Capability
Flexible manufacturing allows for customized products based on client requirements
Market Analysis
Global textile market insights and opportunities
Global Market Overview
Top Import Markets
Target Market Analysis
πΊπΈ United States
Market Share: 29% of global imports
Key Products: Cotton yarn, natural fabrics
Opportunities: Sustainable textile demand growing
Entry Strategy: B2B platforms, trade shows
πͺπΊ European Union
Market Share: 18% combined (Germany 8%, UK 6%, Spain 4%)
Key Products: Organic cotton, recycled yarn
Opportunities: Strict sustainability regulations favor our products
Entry Strategy: Certifications focus, premium positioning
π¦πͺ Middle East & Africa
Market Share: UAE 5% + regional growth
Key Products: Poly cotton, basic fabrics
Opportunities: Growing textile manufacturing hubs
Entry Strategy: Direct relationships, competitive pricing
π Asia Pacific
Market Focus: Japan, Australia, South Korea
Key Products: High-quality dyed fabrics
Opportunities: Premium product demand
Entry Strategy: Quality certifications, technical partnerships
Market Entry Strategy
Phase 1: Foundation Markets
Target: UAE, Bangladesh, Vietnam
Focus: Basic cotton products, competitive pricing
Timeline: Months 1-6
Phase 2: Premium Markets
Target: USA, Germany, UK
Focus: Certified organic and recycled products
Timeline: Months 6-12
Phase 3: Expansion
Target: Japan, Australia, Canada
Focus: Customized premium solutions
Timeline: Year 2+
Legal & Compliance
Essential legal requirements and documentation for export business
Mandatory Legal Requirements
IEC (Import Export Code)
MandatoryAuthority: DGFT (Directorate General of Foreign Trade)
Timeline: 7-10 days
Cost: βΉ500
Validity: Permanent (unless cancelled)
Required Documents: PAN card, bank certificate, digital signature
GST Registration
MandatoryAuthority: GST Department
Timeline: 3-5 days
Cost: Free
Benefits: Input tax credit, compliance for exports
RCMC Certificate
MandatoryAuthority: AEPC/TEXPROCIL (Textile export promotion councils)
Timeline: 15-20 days
Cost: βΉ10,000
Benefits: Export incentives, trade promotion support
BIS Certification
Product SpecificAuthority: Bureau of Indian Standards
Timeline: 30-45 days
Cost: βΉ50,000-βΉ1,00,000
Applicability: Required for certain fabric categories
Documentation Checklist
Export Documents
- Commercial Invoice
- Packing List
- Bill of Lading/Airway Bill
- Certificate of Origin
- Quality Certificate
- Inspection Certificate
- Insurance Policy
Compliance Documents
- IEC Certificate
- GST Registration
- RCMC Certificate
- Bank Certificate
- Export License (if required)
- FIDR filing
- RoDTEP benefit claim
Compliance Timeline
Week 1-2: Basic Setup
Apply for IEC code and GST registration
Week 3-4: Industry Registration
RCMC certificate application and processing
Month 2-3: Product Certifications
BIS certification for applicable products
Ongoing: Compliance Monitoring
Regular filing and renewal management