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The textile industry continues to be the second-largest employment generating sector in India. It offers direct employment to over 35 million people in the country. [1] India is the world's second largest exporter of textiles and clothing, and in the fiscal year 2022, the exports stood at US$44.4 billion. [2]
The Ministry of Textiles is an Indian government national agency responsible for the formulation of policy, planning, development, export promotion and regulation of the textile industry in India. This includes all natural, artificial, and cellulosic fibers that go into the making of textiles, clothing and Handicrafts.
The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labour in textiles. The textile industry continues to be the second-largest employment generating sector in India. It offers direct employment to over 35 million in the country. [25]
Saigol, anticipating the division and independence of British India, moved his assets to Lahore in the early 1940s. After the independence of Pakistan in 1947, with the help of his younger brothers Yousaf, Gull and Bashir, he set up their first textile spinning mill in Lyallpur (now called Faisalabad ) in 1949. [ 3 ]
Lawrencepur Woolen & Textile Mills Limited, merged into Dawood Lawrencepur Limited [7] [9] Memon Cooperative Bank, it was founded in 1958 by Dawood family as an intra-caste credit bank for Memon community. [12] [10] The bank had a paid-up capital of Rs. 1 million and was nationalised in 1974. [11] [8]
The textile industry of the city of Ahmedabad in the state of Gujarat in India dates back to the 19th century, when the industry was established under the British raj. Textile mills employed thousands of people from across the state, and the cotton garments manufactured were exported around the world.
Textile industry of India (16 C, 21 P) Pages in category "Industries in India" The following 10 pages are in this category, out of 10 total.
Calico was the first Indian mill to give shareholders cloth at concessional rates. It was the first Indian textile mill to make cotton sewing thread, and later 100% synthetic sewing thread. [1] Calico main textile unit was the only textile plant in Ahmedabad to be fuelled by natural gas, with virtually no smoke and no air pollution. [1]