The Textile Industry
Riya Yadav, INN/Gwalior, @infodeaofficial
One of the oldest and largest sectors of light industry, producing fabrics, textiles, knitwear, and other articles from various types of plant, animal, and chemical (artificial and synthetic)fiber.
The textile industry occupies an important place in the production of social products and the satisfaction of personal needs.
The industry includes the following divisions: initial processing the textile raw materials, fulling, and felting, and the production of cotton fabrics, linen fabrics, wool fabrics, silk fabrics, non-woven materials, hemp, and jute, netting, textile clothing accessories, and notions, and knitwear.
Textile products are used in the manufacture of clothing and footwear and other sectors of industry, such as the furniture industry and machine building.
The production of textile goods began in antiquity. The cultivation of cotton and the hand production of yarn and fabric were known in the industry was the first sector to take up machine production, giving rise in the second half of the 18th century to the industrial revolution.
The Textile Sector in India ranks next to Agriculture. Textile is one of India’s oldest industries and has a formidable presence in the national economy in as much as it contributes to about 14 percent of manufacturing value-added, accounts for around one-third of our gross export earnings and provides gainful employment to millions of people.
Textile Industry is providing one of the most basic needs of people and 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 addition at each stage of processing; it is a major contribution to the country’s economy.
This paper deals with the structure, growth, and size of the Indian textile industry, the role of the textile industry in the economy, key advantages of the industry, textile industry export and global scenario and Strength, weakness, opportunities, and treats of the Indian textile industry.
The Indian textile industry has a significant presence in the Indian economy as well as in the international textile economy.
Its contribution to the Indian economy is manifested in terms of its contribution to industrial production, employment generation, and foreign exchange earnings.
