The textile industry occupies unique position in the Indian economy, because it contributes significantly to industrial production (14 per cent), employment generation (35 million persons directly – the second largest after agriculture) and foreign exchange earnings (about 24.6 per cent). It contributes 4 per cent towards GDP. It is the only industry in the country, which is self-reliant and complete in the value chain i.e., from raw material to the highest value added products.
Value addition in the textile industry
In ancient India, cotton textiles were produced with hand spinning and handloom weaving techniques. After the 0ptth century, power-looms came into use. Our traditional industries suffered a setback during the colonial period because they could not compete with the mill-made cloth from England. Today, there are nearly 1600 cotton and human made fibre textile mills in the country. About 80 per cent of these are in the private sector and the rest in the public and cooperative sectors. Apart from these, there are several thousand small factories with four to ten looms. In the early years, the cotton textile industry was concentrated in the cotton growing belt of Maharashtra and Gujarat. cotton textile industry Yarns, Labels Industry India Cotton textile industryYarns, Labels Industry India
The cotton textile is a highly localised industry right from the beginning mainly in the cotton growing belt of Maharashtra and Gujarat. Localisation factors were :
Cotton weaving
Trade: India exports yarn to Japan. Our trade in garments is only 4% of the world's total. Readymade garments are exported to U.S.A., U.K, Russia, France, European countries, Nepal, Singapore, Sri-Lanka and African countries.