Cotton Textile Industries in India - 1484 Words

INTRODUCTION The Textile Industry occupies a vital place in the Indian economy and contributes substantially to its exports earnings. Textiles exports represent nearly 30 per cent of the countrys total exports. It has a high weight age of over 20 per cent in the National production. It provides direct employment to over 15 million persons in the mill, powerloom and handloom sectors. India is the world’s second largest producer of textiles after China. It is the world’s third largest producer of cotton-after China and the USA-and the second largest cotton consumer after China. The textile industry in India is one of the oldest manufacturing sectors in the country and is currently it’s largest1. The Textile industry occupies an important†¦show more content†¦Textiles production increased 10 per cent over 2004. The growth was fuelled by a 22 per cent rise in production of other textiles (including apparels). Cotton textile also posted an increase of nine per cent. Textile Trend India is the world’s second largest producer of textiles and garments after China. It is the world’s third largest producer of cotton-after China and the USA - and the second largest cotton consumer after China. The textile and garment industry in India is one of the oldest manufacturing sectors in the country and is currently the largest . The textile and garment industry fulfils a pivotal role in the Indian economy. It is a major foreign exchange earner and, after agriculture, it is the largest employer with a total workforce of 35 mn. In 2005 textiles and garments accounted for about 14 per cent of industrial production and 16 per cent of export earnings. In cotton yarn production India has made a mark in the world textile scenario. It is the largest exporter of the cotton yarns in the world. Besides yarn exports, India’s growing garment industry is working as a driving force to improve the yarn quality and to increase the production of cotton yarn. During 2004-05, production of fabrics touched a peak of 45,378 million square meters. In theShow MoreRelatedHistory Of Cotton Cultivation And Production1425 Words   |  6 Pageshistory of cotton cultivation and production to cottons part in society now. Tyler Riviere 4 April, 2016 The evolutionary history of cotton played an important role in the heritage of the British Empire, the United States(U.S.), and India. Cotton continues to be an important crop and commodity throughout society. The history of Cotton is one of the most important factors to our society currently. Cotton cultivation dates back over 7,000 years, seeds of cotton are found all over the world. Cotton is hugelyRead MoreThe Textile Industry : The World s Economy And Daily Lifestyle1616 Words   |  7 PagesThe textile industry is a major entity in the world’s economy and daily lifestyle. Textiles are used in order to accentuate and warm the body. 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