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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]
Textile division of the company has a distribution network of more than 4,000 multi-brand outlets and over 637 exclusive retail shops [5] in the domestic market itself. [6] Suitings are available in India in over 400 towns through 30,000 retailers and an exclusive chain is present in over 150 cities across India.
Welspun Living Limited, previously known as Welspun India Limited, [4] is an Indian textile manufacturing company headquartered in Mumbai. [5] Founded by Balkrishan Goenka in 1985, [ 6 ] the company produces home textile products such as bed linen, terry towels, rugs, and yarn. [ 7 ]
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]
It had also recently ventured into technical textiles with its Advanced Materials Division in 2011. [3] The company is India's largest denim manufacturer. [4] Sanjaybhai Lalbhai is the current Chairman and managing director of Arvind and Lalbhai Group.
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The total project cost is envisaged at Rs. 1,075 Cr and the development of the mega textile park is proposed in phases based on demand and requirement from the textile/apparel industry. KMTP (Kakatiya Mega Textile Park) park is the largest textile park in India in terms of area and possible generation of 184,539 employment. [9]
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