Textile Industry In India
ANALYSING THE MACROENVIRONMENT OF TEXTILE INDUSTRY
INTRODUCTION
The textile industry occupies a unique place in our country. One of the earliest to come into existence in India, it accounts for 14% of the total Industrial production, contributes to nearly 30% of the total exports and is the second largest employment generator after agriculture.
Textile Industry is providing one of the most basic needs of people and the holds importance; maintaining sustained growth for improving quality of life. It has a unique position as a self-reliant industry, from the production of raw materials to the delivery of finished products, with substantial value-addition at each stage of processing; it is a major contribution to the country's economy.
Indian textile industry has the highest loomage including handlooms in the world. It contributes about 61% to the world loomage. It also contributes about 12% to the world production of textile fibres and yarns including jute. It is the......
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