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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 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]
Tariq Saigol is head of Kohinoor-Maple group, which owns the Kohinoor textile mills and Maple-Leaf Cement. [5] He is known to be openly critical of the Pakistani government's lack of interest in the textile sector. Nasim Saigol heads Saigol Group including PEL and Kohinoor industries. [6] Iqbal Saigol is the head of Muhib Group.
National Textile Corporation is a central public sector undertaking under the ownership of Ministry of Textiles, Government of India. [1] It owns 23 working textile mills which produce yarn and fabric. The company was incorporated in April 1968.
In 19s, [clarification needed] there were no factories or production outlets for woollen or cotton blankets in much of India. Unused or worn pieces of cloths like a piece of a shirt, sari and other clothes, were collected over time and with a design in mind to make a good quilt, women sew these pieces of cloth together, after cutting them into different shapes.
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]
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]
News18 Urdu is India's full-time Urdu News channel which relays news and programs 24 hours a day. It is owned by Network 18 which is owned and operated by Reliance Industries. To cater to the needs of Maharashtra, Karnataka, West Bengal, Andhra Pradesh and Telangana states audience, the News 18 management started regional bulletins.