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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.
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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Grasim Industries Limited is an Indian manufacturing company based in Mumbai.Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, chemicals [2] and insulators, along with cement and financial services through its subsidiaries UltraTech Cement and Aditya Birla Capital respectively.
National Jute Manufacturers Corporation Ltd.(NJMC) is a central public sector undertaking under the ownership of the Ministry of Textiles, Government of India. It is headquartered in Kolkata, West Bengal. It was incorporated under the Companies Act, 1956 with an objective to takeover six jute mills, the management of which was earlier taken ...
India is the second largest producer of fibre in the world. Cotton is the most produced fibre in India. Other fibres produced in India include silk, wool, and jute. 60% of the Indian textile Industry is cotton based. Indian clothing industry dates back to Harappan civilisation and is one of the oldest clothing manufacturing industry in the ...