Indian Textile Industry Patel, Utsav.
By: Patel, Utsav
Material type:
ArticlePublisher: 2009Subject(s): Edi Student Papers | Indian Textile Industry | Textile Industry | Smes | Small And Medium Enterprises | Sme Sector | Entrepreneurship In The Sme Sector | Entrepreneurshiphip Research | Eighth Biennial Conference On Contempora | Biennial Conference Papers
In:
Eighth Biennial Conference on Contemporary Issues in Entrepr ResearchSummary: Textile industry is the second largest industry in the world only next to agriculture. It forms the backbone of the economy of the developing nations, viz, India, China, Pakistan, Bangladesh, etc. In India, the textile industry contributes substantially to the foreign exchange earned by the country. The export market consists of wide range of items like cotton yarn and fabrics, man-made yarn and fabrics; wool and silk fabrics, made-ups and variety of garments. India's textile products including, handlooms and handicrafts are exported to more than hundred countries. However, USA, UK, EU member countries, Canada, UAE, Saudi Arabia, Republic of Korea, Bangladesh, Turkey etc are the major importers of India's textile products. The Indian textile industry plays a pivotal role through its contribution of about 14% to industrial production, 4% to GDP and 16.63% to export earnings. Its share in global textiles and apparels is 3.9% and 3% respectively. This shows that it hold potential if one is ready to innovate. The textile industry is the largest industry in terms of employment; currently it provides direct employment to 35 million people and is expected to generate 12 million new...
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Ahmedabad (HO) | (Browse shelf) | Vol. , Issue. | Available | 019512 |
Textile industry is the second largest industry in the world only next to agriculture. It forms the backbone of the economy of the developing nations, viz, India, China, Pakistan, Bangladesh, etc. In India, the textile industry contributes substantially to the foreign exchange earned by the country. The export market consists of wide range of items like cotton yarn and fabrics, man-made yarn and fabrics; wool and silk fabrics, made-ups and variety of garments. India's textile products including, handlooms and handicrafts are exported to more than hundred countries. However, USA, UK, EU member countries, Canada, UAE, Saudi Arabia, Republic of Korea, Bangladesh, Turkey etc are the major importers of India's textile products. The Indian textile industry plays a pivotal role through its contribution of about 14% to industrial production, 4% to GDP and 16.63% to export earnings. Its share in global textiles and apparels is 3.9% and 3% respectively. This shows that it hold potential if one is ready to innovate. The textile industry is the largest industry in terms of employment; currently it provides direct employment to 35 million people and is expected to generate 12 million new...
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