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The fundamental strength of the textile industry in India is its strong production base of a wide range of fibre/yarns from natural fibres like cotton, jute, silk, and wool, to synthetic/man-made fibres like polyester, viscose, nylon and acrylic.
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 set to achieve $250 Bn textiles production and $100 Bn exports by 2030. The domestic apparel & textile industry in India contributed to 2% to the country’s GDP, 7% of industry output in value terms. India holds 4% share of the global trade in textiles and apparel.
This paper deals with structure, growth and size of the Indian textile industry, role of textile industry in economy, key advantages of the industry, textile industry export and global...
Apr 26, 2024 · The Indian textile industry dates to ancient times, about five thousand years ago. The industry has changed tremendously, having transitioned from the handloom of pre-colonial India to the...
India has a 4.6% share of the global trade in textiles and apparel. Moreover, India is the world's 3rd largest exporter of Textiles and Apparel. India ranks among the top five global exporters in several textile categories, with exports expected to reach US$ 100 billion by FY 2030.
Mar 3, 2024 · From fiber, yarn, and fabric to garments, India’s textile and apparel industry has strengths along the whole value chain. The traditional handloom, handicrafts, wool, and silk items, as well as the organized textile industry in India, make up a large portion of the widely diversified Indian textile and apparel market.
