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Growth, Production, Export & Import of Indian Textile Industry
By :   D. Ranjith Kumar 
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Abstract


The Indian textile industry has an overwhelming presence in the economic life of the country. It plays a pivotal role. Apart from providing the basic necessities of life the textile industry also contributes to industrial output, employment generation and export earning of the country. The findings of the analysis are summarized here, it is observer from the study the production of textile in India's are rising such as production of yarn, fabrics and cloth and also calculate partial productivity and also increasing exports and imports in international market. When evaluating the performance of a production unit or the industrial sector, it is common use of production (the level of output), productivity (output per unit of input) or efficiency (actual output relative to the potential output or best practices) as indicators. Although these measures are closely related, they can yield different rankings in measuring performance. The textile industry occupies a vital place in the Indian economy and contributes substantially to its exports earnings. Textile exports represent nearly 30 percent of the total exports.


Introduction


Since the advent of human civilization, textiles played a significant role in human life it is the oldest and largest industry in India, established over hundred year age. After the revenges of Second World War, every country is industrializing fast and the establishing of basic industries and self sufficiency in the country's needs was the main objective in the early fifties.


Textile is only industry which is self-reliant from the production of raw materials to the delivery of the products with substantial value addition at each stage of processing.


The Indian textile industry has an overwhelming presence in the economic life of the country. It plays a pivotal role. Apart from providing the basic necessities of life the textile industry also contributes to industrial output, employment generation and export earning of the country. Thus, the growth and all round development of this sector has a direct bearing on the improvement of this sector has a direct bearing on the improvement of the economy of the country. The cotton textile industry is the largest organized industry in the country.


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The author is Research Scholar from Gobi Arts & Science College, Tamilnadu, India

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Published On Wednesday, December 07, 2011
 
 
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