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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]
Mega Integrated Textile Region and Apparel(MITRA) was announced in 2021 by Government of India to encourage the Textile Industry. [1] [2] [3] Shortlisted places in the states can set up Mega Integrated Textile Region and Apparel either at brownfield (which has been built on) sites or at greenfield (not earlier been built on) sites.
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]
[6] [7] As of 2015, the textile industry in the state accounted for 17% of the total invested capital in all the industries. [8] As of 2021 [update] , 40% of leather goods exported from India worht ₹ 9,252 crore (US$1.1 billion) are being manufactured in the state.
The first motor to be manufactured in India came from a small engineering shop in Coimbatore. Today, the pump and motor manufacturing sector is among the largest engineering activities in the city. The pump manufacturing industry in Coimbatore. Over the years, the city has become as well known for its pumps as it has for its textiles.
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.
Post-independence focus on revival of traditional textile and design led to the rise of "ethnic chic". The history of clothing in India dates back to ancient times, yet fashion is a new industry, as it was the traditional Indian clothing with regional variations, be it the sari, ghagra choli or dhoti, that remained popular until the early decades of post-independence India. [1]
Shiva Texyarn Limited (BSE: 511108, NSE: SHIVATEX) (formerly known as Annamallai Finance Limited (AFL)) is an Indian textile manufacturing company based in Coimbatore, Tamil Nadu. [1] The company manufactures yarn, fabrics, garments, dry sheets and home textiles in India. [2] [3] [4] [5]