कोशिश गोल्ड - मुक्त
Indian Textile Industry In The Global Market
BUSINESS ECONOMICS
|May 1-15, 2019
The textile and apparel sector is a major sector globally. Since the initial stages of global industrialisation, this sector has remained at the forefront of generating employment and has featured prominently in the export market of many developed economies.
Export
Cotton plays an important role in the Indian economy as the country’s textile industry is predominantly cotton based. India has emerged as the largest producer of cotton in the world with the production of 345 lakh bales in 2016-17 and is presently the second largest exporter after China.
End products
Cotton yarn, clothes, and apparels (mill made/ handlooms) and readymade garments form important items of Indian exports. Readymade garments account for approximately 49% of the country’s total textile exports.
Location of Manufacturing
The states of Gujarat, Maharashtra, Telengana, Andhra Pradesh, Karnataka, Madhya Pradesh, Haryana, Rajasthan, and Punjab are the major cotton producers in India. Some of the important manufacturing centres such as Ahmedabad, Solapur, Nagpur, Coimbatore, and Indore are located in areas of large scale cotton cultivation. Mumbai is the largest centre in India having 63 mills out of Maharashtra’s total of 122 mills. The growth of this industry in Coimbatore, Madurai and Tirunelveli is largely due to the availability of hydro-electricity from the Pykara Dam. Additionally, these states enjoy a humid climate which is essential for the cotton production and also have the added benefit of having a port facility.
Export Destinations
यह कहानी BUSINESS ECONOMICS के May 1-15, 2019 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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