Textile Industry in India – A Study
Author(s):
Mr. N. Janaiah
Keywords:
Textile, Exports and Imports.
Abstract
The textile industry is not just about fabrics and fashion. In fact, textiles are at the very heart of our nation’s core business activities. This industry, which is deeply rooted in the country’s rich history, is the second largest provider of jobs in India, after agriculture. From the beautifully crafted handlooms in local markets to the buzzing machines of big textile mills, this industry brings together a mix of tradition and modernity. This industry is more than just fabricating garments; it’s about sustaining households, preserving age-old traditions, and ensuring India’s prominent position on the global textile stage. It is expected that by 2030, the Indian textile industry will be worth $250 billion. The textile sector currently contributes 2.3% to India’s GDP and makes up 7% of the country’s industrial output. Globally, India holds a 5% share in the textile and apparel market. In the financial year 2022-23, exports from cotton textiles alone were valued at $11.1 billion, a significant 30% of the total. In this regard, there is need to study the Textile Industry in India. This paper focussed on the exports and imports of Textiles industry, share of exports and Fabric production in India. This paper mainly depended on secondary data and Descriptive research method used to present this paper.
Article Details
Unique Paper ID: 165394

Publication Volume & Issue: Volume 11, Issue 1

Page(s): 666 - 670
Article Preview & Download


Share This Article

Join our RMS



Conference Alert

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024

Last Date: 15th March 2024

Latest Publication

Call For Paper

Volume 11 Issue 1

Last Date for paper submitting for Latest Issue is 25 June 2024

About Us

IJIRT.org enables door in research by providing high quality research articles in open access market.

Send us any query related to your research on editor@ijirt.org

Social Media

Google Verified Reviews

Contact Details

Telephone:6351679790
Email: editor@ijirt.org
Website: ijirt.org

Policies

Important Links

Browse Rsearch papers