The Indian textile sector is one of the oldest industries in the country’s economy that dates back several centuries. However, the modern textile manufacturing industry in India was recognized only in the early 19th century with the formation of the first textile mill in Calcutta (now Kolkata). The textile industry…
Textile manufacturing plays a vital role in the Indian economy and is the single largest source of foreign exchange earnings for India. Indian textile manufacturing accounts for 15% of export earnings, 13% of industrial production and 5% of GDP. India with a population of more than 138 crore people, has…
Indian textile industry is one of the largest in the world, with traditional textiles occupying the lion’s share in the market. India is the largest producer of cotton and jute, and the second-largest producer of silk, polyester and fibre across the globe. Since the focus has been on the conventional…
Since ancient times India is well known across the world for its rich and beautiful textiles. Textile manufacturing in India dates back several centuries. European industries during the Industrial Revolution were highly dependent on the Indian textile industry. India was solely responsible to meet the cotton needs of European countries…