India has a very rich history in textiles. By the first century AD, India was already producing woven cottons of noteworthy quality. Besides natural fibres such as Cotton, Jute and Silk, Synthetic Raw Material products such as Polyester Staple Fibre, Polyester Filament Yarn, Acrylic Fibre & Viscose Fibre are produced in India.

India's cotton textile industry has a high export potential as cost competitiveness is driving the penetration of Indian yarns and fabrics in international commodity markets. This will provide an expanded opportunity alongside enhanced competition for the Indian textile units, as more markets would be open for access.

Presently, textiles account for 14% India's industrial production and around 27% of its export earnings. India is the second largest employer in the textile sector in both rural and urban areas as well, contributing to nearly 30% of the total exports, and employing 35 million people approximately.

India is also in a position to provide a larger variety of casual wear and leisure garments at significantly lower costs due to the availability of a large pool of experienced and low-cost skilled textile workers.
The textile policy of 2000, in India, aims at achieving the target of textile and apparel exports of US $ 50 billion by 2010 of which the share of garments will be US $ 25 billion. The main markets for Indian textiles and apparels are USA, UAE, UK, Germany, France, Italy, Russia, Canada, Bangladesh and Japan.
On the 26th of January, 2006 - On the eve of Republic Day of India. The President Dr. Abdul Kalam said, "India is presently exporting US $ 6 billion worth of garments, whereas with the WTO regime in place, we can increase the production and export of garments to US $ 18 to 20 billion within the next five years. This will enable generation of employment in general, and in rural areas in particular. By tripling the export of apparels, we can add more than 5 million direct jobs and 7 million indirect jobs in the allied sector, primarily in the cultivation of cotton. Concerted efforts are needed in cotton research, technology generation, transfer of technology, modernisation and upgrading of ginning and pressing factories and an aggressive marketing strategy."

Manmade fibres account for around 40% share in a cotton-dominated Indian textile industry. India accounts for 15% of world's total cotton crop production and records as a largest producer of silk.

The entire current output of the Indian textile industry (for domestic and export consumption) is about US $ 35 billion.

India has a very rich history in textiles...Presently accounting a 14% industrial production

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