Textile industry in India forms an
important part of manufacturing, employment, production & trade in several
developing countries. This industry has a vital role in growth of India’s GDP
too, with the development & industrialization processes it has brought into
practice which has proved beneficial for the economy of our country. Worldwide
trade of clothing and textiles has led to a significant boost in the GDP of
India to a huge extent. Besides this, textile mills in India have also brought
a huge amount of income in India.
Textile mills have created a unique
position for themselves as a self-reliant sector, from the initial production
stage of raw materials to delivery of textile products by adding substantially
value at each & every stage of processing. It has been observed that
technological advances of textiles in different industries have not always been
recognized as they do in the clothing industry.
Textile industries are largely dependent
on textile manufacturing & export. They have made a major contribution in
the national economy, especially in terms of generating employment &
foreign exchange earnings. The fundamental strength of this sector lies in its
strong production base of wide variety of textile products that basically
comprises of man-made fibers such as nylon, viscose, acrylic, etc. and natural
fibers such as silk, jute, wool, etc.
The growth & development pattern of textilemills in India has been considerably more in the last decade, when compared to
the growth pattern of previous decades. Thus, to know more about the role of textile
industry in India, you can browse & read relevant websites and learn about
it.
