Published on November 23, 2015

Textile industry contributes to nearly 12% of India’s forex earning. But the branding of India’s skill especially pertaining to the exports have been about technology. It’s a pity that textile industry, despite being on the export forefront, has never been given its due despite its heavy potential irrespective of the weather in the market.

India has always been self-sufficient with textiles and is not depend on imports. This is the only industry which has been posting growth graph year after year. However, textile industry is expected to grow well into the future, with improved bilateral relationships with countries that have been the biggest clients of India.

Although India is self sufficient in textile industry, country’s share in the world market is 4% compared to 35% of china.  India needs to focus on scaling operations in mega Textile Park, which can then be single point manufacturing and disbursing centres for export needs. This can also be safe revenue model for country’s textile needs too.