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India ranks among the top five global exporters in several textile categories, with exports expected to reach US$100 billion. The textiles and apparel industry contributes 2.3% to the country’s GDP, 13% to industrial production and 12% to exports.
The textile industry in India, traditionally after agriculture, is the only industry in the country that has generated large-scale employment for both skilled and unskilled labour. The textile industry continues to be the second-largest employment generating sector in India.
India is among the world's largest producers of Textiles and Apparel. The domestic apparel & textile industry in India contributes approx. 2.3 % to the country’s GDP, 13% to industrial production and 12% to exports. India has a 4% share of the global trade in textiles and apparel.
Apr 26, 2024 · The textile industry is valued at over 200 billion U.S. dollars and contributes about two percent of the country’s GDP. Besides, the export of Indian textiles contributed to setting up...
Jun 7, 2023 · Annual Report 2022-2023 |en | Ministry of Textiles, Government of India, was established for the formulation of policy, planning, development, export promotion and regulation of the textile industry in India.
Apr 18, 2023 · The textile industry plays a significant role in the Indian economy, contributing to over 15% of the country’s total exports. It is also one of the largest employment generators in India, providing direct and indirect employment to over 35 million people.
India is the world’s second-largest producer of textiles and garments. It is also the fifth-largest exporter of textiles spanning apparel, home, and technical products. The textiles and apparel industry contributes 2.3% to the country’s GDP, 13% to industrial production and 12% to exports.
India is the 3rd largest exporter of Textiles & Apparel in the world. India’s textiles and clothing industry is one of the mainstays of the national economy. The share of textile and apparel (T&A) including handicrafts in Indias ’ total merchandise exports stood at a significant 10.5% in 2021-22. India has a share of
Indian Textile & Apparel Industry Overview. Impact of Covid on Indian Textile & Apparel Industry. Indian Textile Industry: Structure and Supply Scenario. Financial Health of Indian Textile Industry.
Indian Textile sector is the sixth largest exporter of Textiles and Apparels in the world. Its share in mercantile exports is 12% and is the second largest employment generator after agriculture. Ministry of Textiles has undertaken various important initiatives to boost India’s growth in the textile sector in the year 2020 which are as under:
