The Indian Textiles Industry has an overwhelming presence in the economic life of the country. Apart from providing one of the basic necessities of life, the textiles industry also plays a pivotal role through its contribution to industrial output, employment generation, and the export earnings of the country. Currently, it contributes about 14 percent to industrial production, 4 percent to the GDP, and 17 percent to the country’s export earnings. It provides direct employment to over 35 million people.
The Industry is closely linked to agriculture, the ancient culture and traditions of the India, making Indian textiles sector unique in comparison with other countries. This also provides the industry with the capacity to …show more content…
Geographically, men's garments are largely produced in western and southern India while production of ladies garments predominates in North India, especially the NCR. Eastern section of India specializes in children garments where in fact, these took their birth.
Fiber-wise, 80% of the production is of cotton garments, 15% of synthetic/mixed garments and the rest of silk and wool garments. The industry manufactures over a 100 different types of garments for men, women and children. These includes overcoats/raincoats, suits, ensembles, jackets, dresses, skirts, trousers, shirts, blouses, inner-garments, T-shirts, jerseys/pullovers, babies garments as well as accessories like shawls/scarves, handkerchiefs, gloves and parts of garments. Fabric constitutes 65 to 70% of the cost of production with labour making up a further 15% and the rest go for overheads and manufacturer's profit.
Retail trade in India is spread over department stores, hyper markets/discount stores and specialty stores. A number of shopping malls have sprung up all over the country, especially in the metros. Due to this, land prices have gone up tremendously. Attention