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Overview of India's Textile Industry

India's textiles sector dates back centuries and is one of the largest contributors to exports and employers in the Indian economy. The textiles industry employs about 40 million workers directly and 60 million indirectly. It has two broad segments - the unorganized handloom and handicrafts sector and the organized spinning, apparel and garments sector that uses modern machinery. India's overall textile exports for 2015-16 were US$40 billion. The textiles industry is extremely varied, ranging from hand-spun and hand-woven sectors to capital intensive mills, and forms a major part of the decentralized power looms and knitting sector.

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10 views1 page

Overview of India's Textile Industry

India's textiles sector dates back centuries and is one of the largest contributors to exports and employers in the Indian economy. The textiles industry employs about 40 million workers directly and 60 million indirectly. It has two broad segments - the unorganized handloom and handicrafts sector and the organized spinning, apparel and garments sector that uses modern machinery. India's overall textile exports for 2015-16 were US$40 billion. The textiles industry is extremely varied, ranging from hand-spun and hand-woven sectors to capital intensive mills, and forms a major part of the decentralized power looms and knitting sector.

Uploaded by

girish
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.

INDUSTRY PROFILE

introduction
India`s textiles sector is one of the oldest industries in Indian

Economy dating back several centuries. Even today, textiles sector is one
of the largest contributors to India`s exports with approximately 11
percent of total exports. The textiles industry is also labour intensive and
is one of the largest employers . the textile industry has two broad
segments. First, the unorganized sector consist of handloom , handicrafts
and sericulture, which are operated on a small scale and through
traditional tools and methods . The second is the organized sector
consisting of spinning , apparel and garments segment which apply
modern machinery and techniques such as economies of scale .

The textile industry employs about 40 million workers and 60 million


indirectly. India`s overall textile exports during FY 2015-16 stood US$ 40
Billion .

The Indian textile industry is extremely varied, with the hand -spun and
hand -woven textiles sectors at one end of the spectrum , while the
capital intensive sophisticated mills sector at the other end of the
spectrum . The decentralized power looms/hosiery and knitting sector
form the largest component of the textile sector. The close linkage of the
textile industry to agriculture[for raw materials such as cotton ]and the
ancient culture and traditions of the country in terms of textiles make the
Indian textiles sector unique in comparison to the industries of other
countries the Indian textile industry has the capacity to produce a wide
variety of products suitable to different market segments

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