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Introduction
Indias textiles sector is one of the mainstays of the national economy and
contributes nearly 14% to Indias industrial output.
It is also one of the largest contributing sectors of Indias exports contributing
about 11% to the countrys total exports basket.
India earns about 27% of its foreign exchange through textile exports
India is the worlds second largest producer of textiles and garments after
China and accounts for about 14% of the world's production of textile fibres
and yarns.
India is the largest producer of jute, second largest producer of silk and
cotton; and third largest in cellulosic fibre.
India has the highest loom capacity (including hand looms) with 63 per cent
of the world's market share.
Indias domestic textile and apparel industry stands at $67bn and exports at
$41.4bn in the year 2014-15, up from $39.3bn in the last year, a marginal rise
of 5.4% compared to last year, whereas export of cotton textiles and raw
cotton touched $11.3bn in 2014-15 as against $13.3bn in 2013-14, a fall of
14.7%.
The textiles industry is labour intensive and is one of the largest employers.
Currently provides direct employment to more than 35 million people and
another 55 million in allied activities. It is the second largest employer after
agriculture
The textile and apparel industry can be broadly divided into two segments,
namely
Yarn & fibre, which includes handloom, handicrafts, sericulture, power
looms in the unorganised sector and
Processed fabrics & apparel in the organised sector.
2012
246
33
34
35
24
738
China
Pakistan
Sri Lanka
Turkey
Egypt
3.22 billion
381 million
200 million
190 million
160 million
2013
274
40
36
35
28
773
growth
11
21
6
0
17
5
Value Chain