According to Rahul Mehta, President, Clothing Manufacturers’ Association of India (CMAI), the textile industry works at a very thin margins of 2-3 per cent. “The raw material price rise of 6-7 per cent along with the increase in other cost is creating pressure on profit margins,” he added.

The hazards happening in the Textile industries are Mechanical Hazards, physical hazards, chemical hazards, Ergonomic hazards and physiological hazards. Exposure of cotton disease called Bysinosis . The Symptoms are chest tightness, breaking problem, asthma and irritation in the Respiratory track.

If the idea of opening a textile business has fascinated you, it is time to take some action….9 Steps to Starting Your Own Textile Business

1. Know the market.
2. Research.
3. Connect with vendors for textile printing and production.
4. Find the fabric.
5. Manage the cash flow.
6. Location.
7. Time Management.
8. Transportation.

An NYU report on U.S. margins revealed the average net profit margin is 7.71% across different industries. But that doesn’t mean your ideal profit margin will align with this number. As a rule of thumb, 5% is a low margin, 10% is a healthy margin, and 20% is a high margin.

You may be asking yourself, “what is a good profit margin?” A good margin will vary considerably by industry, but as a general rule of thumb, a 10% net profit margin is considered average, a 20% margin is considered high (or “good”), and a 5% margin is low.

The best (and let’s be honest–the only) way to start a clothing line with no money is to use the print on demand drop shipping method. With this model, you pay for products only when a customer orders something, you don’t need any inventory, and you’re not risking much if the product doesn’t sell.

To get started, follow these steps on how to build a luxury brand.

1. Identify a Niche Segment.
2. Brand Positioning with High levels of Differentiation.
3. Emphasize the Symbolic Value.
4. Create Exclusivity Perceptions.
5. Intransigent Delivery on a Superior Brand Promise.

Here are the most important steps to designing a logo: —

1. Understand why you need a logo.
2. Define your brand identity.
3. Find inspiration for your design.
4. Check out the competition.
5. Choose your design style.
6. Find the right type of logo.
7. Pay attention to color.
8. Pick the right typography.