Textile And Industrial Fabrics.

The textiles industry has made a major contribution to the national economy in terms of direct and indirect employment generation and net foreign exchange earnings. It provides direct employment to over 45 million people. The textiles sector is the second largest provider of employment after agriculture. Thus, growth and all round development of this industry has a direct bearing on the improvement of the country's economy.

Growth.

The textiles industry is set for strong growth, buoyed by strong domestic consumption as well as export demand.

The most significant change in the Indian textiles industry has been the advent of man-made fibres (MMF). MMF production recorded an increase of 10 per cent and filament yarn production grew by 6 per cent in the month of February 2014. MMF production increased by about 4 per cent during the period April 2013–February 2014.

Cotton yarn production increased by about 10 per cent during February 2014 and by about 10 per cent during April 2013–February 2014. Blended and 100 per cent non-cotton yarn production increased by 6 per cent during February 2014 and by 8 per cent during the period April 2013–February 2014.

Cloth production by mill sector registered a growth of 9 per cent in the month of February 2014 and of 6 per cent during April 2013–February 2014.

Cloth production by power loom and hosiery increased by 2 per cent and 9 per cent, respectively, during February 2014. The total cloth production grew by 4 per cent during February 2014 and by 3 per cent during the period April 2013–February 2014.

Textiles exports stood at US$ 28.53 billion during April 2013–January 2014 as compared to US$ 24.90 billion during the corresponding period of the previous year, registering a growth of 14.58 per cent. Garment exports from India is expected to touch US$ 60 billion over the next three years, with the help of government support, said Dr A Sakthivel, Chairman, Apparel Export Promotion Council (AEPC).

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 Rs 6,710.94crore (US$ 1.11 billion) during April 2000 to February 2014.

The fundamental strength of the textile industry flows from its strong production base of wide range of fibres / yarns from natural fibres like cotton, jute, silk and wool to synthetic /man-made fibres like polyester, viscose, nylon and acrylic. We can just track the strong multi-fibre strong base by highlighting the following important positions reckon by this industry across globe are :

Cotton

Cotton production and processing contribute significantly to the economies of many countries around the world, particularly in regions where cotton cultivation is a major agricultural activity. The cotton industry provides employment for millions of people involved in farming, ginning, spinning, weaving, and garment manufacturing.
Silk

The silk industry contributes significantly to the economies of countries where silk production is a major industry, such as China, India, Italy, and Japan. Silk production provides employment opportunities for millions of people involved in sericulture (silkworm rearing) and silk weaving.
Wool

Wool is a crucial natural fiber in the textile industry. It is used to produce a wide range of products, including clothing (suits, sweaters, coats), accessories (scarves, hats, gloves), blankets, carpets, and upholstery fabrics. The demand for woolen textiles contributes significantly to the global textile market.
Jute

Jute is primarily known for its use in the textile industry. It is used to produce a wide range of products such as sacks, bags, carpets, rugs, curtains, and upholstery fabrics. Jute textiles are valued for their durability, strength, and eco-friendliness.