INTRODUCTION
The Indian Textiles Industry has an overwhelming presence in the economic life of the country. Apart from providing one of the basic necessities of life, the textiles industry also plays a pivotal role through its contribution to industrial output, employment generation, and the export earnings of the country. Currently, it contributes about 14 percent to industrial production, 4 percent to the GDP, and 17 percent to the country’s export earnings. It provides direct employment to over 35 million people.
The Industry is closely linked to agriculture, the ancient culture and traditions of the India, making Indian textiles sector unique in comparison with other countries. This also provides the industry with the capacity to produce a variety of products suitable to the different market segments, both within and outside the country.
TEXTILE PYRAMID
One can identify the whole industry as a pyramid in itself, starting from the production of fiber through natural or......
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Approximate Word Count: 2295
Approximate Pages: 9 (260 words per double-spaced page) |