Cotton Textile Industry in India:
Expand all SUMMARY The Indian Textile industry is one of the largest in the world with a large raw material base and manufacturing strength across the value chain India is the largest producer and the second largest exporter of cotton in the world.
|Textile industry||History[ edit ] The archaeological surveys and studies have found that the people of Harrapan civilization knew weaving and the spinning of cotton four thousand years ago. Reference to weaving and spinning materials is found in the Vedic Literature.|
India is also the leading consumer of cotton. Readily available market which is poised to grow in future with increased penetration of organized retail, favorable demographics, rising income levels and shift in preference for quality and branded products Favorable government policies and incentives for manufacturers.
Abundant availability of raw materials such as cotton, wool, silk, jute and manmade fibres.
Comparative advantage in terms of skilled manpower and cost of production over major textile producers across globe. Focused and favorable policies instituted by the government will give the industry a fillip.
Presence of entire value chain for textile production beginning from production of natural fibre to the production of yarn, fabric and apparel within the country giving edge over countries like Vietnam, Bangladesh etc.
Presence of traditional skill sectors i. Producing an estimated 6. An outlay of USD 2. Ministry has approved 4 projects in Rajasthan and 2 projects in Tamil Nadu.The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labour in textiles.
The textile industry continues to be the second-largest employment generating sector in India. ADVERTISEMENTS: Cotton Textile Industry in India: Production, Growth and Development! Growth and Development: India held world monopoly in the manufacturing of cotton textiles for about 3, years from about B.C.
to A.D. In the middle ages, Indian cotton textile products were in great demand in the Eastern and European markets.
The muslins [ ]. India's targeted textile exports for financial year is US$ 45 billion. However, this target is likely to be missed by a huge margin.
As per the Ministry of Textiles, the Indian textile industry contributed about 14% to industrial production, 4% to the country's GDP and 13% to the country's export earnings in Aug 04, · Sanjay Jain, chairman of the Confederation of Indian Textile Industry, said in a release that in , India exported textile goods worth $1, million to kaja-net.com: Special Correspondent.
A film about a young textile worker in southern India is sparking debate in rural communities at the heart of an industry that campaigners say is plagued by exploitation and abuse. “Call Me. Aug 04, · The textile industry has urged the Centre to push for negotiations with China to provide duty-free access to Indian cotton textiles.
Sanjay Jain, chairman of the Confederation of Indian Textile Industry, said in a release that in , India exported textile goods worth $1, million to kaja-net.com: Special Correspondent.