Volume : IV, Issue : IX, September - 2014

Overview of Textile Industry in India

Dr. B. D. Karhad

Abstract :

The textile industry is one of the oldest and most important industries in the Indian economy. According to CII report in 2012, it contributes about 4% of GDP and 14% of total industrial production, provides employment to 92 million skilled and unskilled workers, and contributes 12.5% of revenue from exports. But with the economic crisis in the countries where India normally exports its textile products, demand is strongly affected, and in return, instead of helping the industry to come out of this problem, the Government, through policies put obstacles in the progress of textile industry. Although the industry is expected to work hard, improve specific areas of weakness and enhance their competitiveness, to maintain and consequently improve ranking of Indian textile industry in the world, especially in times of liberalization and globalization, but without Government support it is highly impossible. In this paper, the researcher studies profile and challenges of the Indian textile industry, initiatives taken by the Government and recommends measures to enhance the competitiveness of the textile sector.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. B. D. Karhad Overview of Textile Industry in India Indian Journal of Applied Research, Vol.4, Issue.9 September 2014

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