Indian Textile Industry










HEADLINES:  

Textile Industry INDIAN TEXTILE INDUSTRY AT A GLANCE IN 2015 - 2016 Textile Industry


Textiles and apparel exports from India are estimated to increase to US$ 65 billion by 2016-17 from US$ 40 billion in 2013-14. Production of yarn grew to 673.60 Lakh Kgs in FY15 from 626.30 Lakh Kgs in FY11, with a CAGR of 1.8 per cent.

The textiles sector is one of the largest contributors to India’s exports with approximately 11 per cent of total exports. The industry had export earnings worth US$ 41.4 billion in 2014-15, a growth of 5.4 per cent when compared to the previous years.

The Indian textiles industry, currently estimated at around US$ 108 billion, is expected to reach US$ 223 billion by 2021. The Indian textile industry porvides employment to over 45 million people directly and 60 million people indirectly. The Indian Textile Industry contributes approximately 5 per cent to India’s gross domestic product (GDP), and 14 per cent to overall Index of Industrial Production (IIP).


Indian Textiles Industry Industry in 2015-2016
The Indian textile industry has the potential to reach US$ 500 billion in size soon. The growth implies domestic sales to rise to US$ 315 billion from currently US$ 68 billion. At the same time, exports are implied to increase to US$ 185 billion from approximately US$ 41 billion currently.

The textiles sector has witnessed a spurt in investment during the last five years. The industry (including dyed and printed) attracted Foreign Direct Investment (FDI) worth US$ 1.77 billion during April 2000 to September 2015.

Textile Industry  INDIAN TEXTILE INDUSTRY AT A Glance IN 2014 - 2015

Textile Industry  INDIAN TEXTILE INDUSTRY AT A Glance IN 2013 - 2014

Textile Industry  INDIAN TEXTILE INDUSTRY AT A Glance IN 2012 - 2013

Textile Industry  INDIAN TEXTILE INDUSTRY AT A Glance IN 2011 - 2012

Indian Industry  back to textile INDUSTRies