What Does Future Hold For Indian Textile Industry? The #textile_industry_in_india works under the Ministry of Textiles. It is the second biggest industrial sector after agriculture & plays a crucial role in the growth and development of the economy is also one of the primary employment generators in India. The Indian economy is dependent on the #textile_sector_in_india, which is booming at a fast pace. It brings about 27% of total foreign exchange in the country. The government is supporting small-scale #yarn_manufacturers_in_india so they can compete with the global players. Various challenges and opportunities are expected to arise over time, thus making way for a promising future for the #indian_textile_industry. Also, go through https://bit.ly/3NLgTec

Growth Potential of the Textile Sector in India - IBEF The #textile_industry_in_India has huge growth potential. India is the second-largest #textile and clothing exporter worldwide, behind China. India not only produces textiles and garments but also has developed into an important #Yarn_manufacturer and exporter of fashion accessories, providing readymade garments to western markets such as the United States, United Kingdom and Japan. The #Indian_textile_industry can produce a vast variety of products suitable for different market segments across the world. Also, go through https://www.ibef.org/industry/textiles