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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]
The textile industry in China is the largest in the world in both overall production and exports. [1] China exported $274 billion in textiles in 2013, a volume that was nearly seven times that of Bangladesh, the second largest exporter with $40 billion in exports. [2] This accounted for 43.1% of global clothing exports. [3]
Over the last few decades, the apparel industry grew to represent Sri Lanka's number one export. Following a 38% increase in textile-based revenue from 1996 to 1997, in which the industry generated $2.18 billion in earnings, 50 new textile factories opened in Sri Lanka in 1998. [10]
Pages in category "Textile industry by country" The following 2 pages are in this category, out of 2 total. ... This page was last edited on 25 July 2023, at 05:56 (UTC).
The cotton textile industry was responsible for a large part of the empire's international trade. [16] Bengal had a 25% share of the global textile trade in the early 18th century. [17] Bengal cotton textiles were the most important manufactured goods in world trade in the 18th century, consumed across the world from the Americas to Japan. [14]
While the first half of the 1970s showed fast development for Mauritius export companies, the latter 1970s showed no growth in the textile-apparel industry due to political and economic factors, which include firms having to acknowledge world finances, oil crisis, and the need for public transportation development in Mauritius, among many others.
Last year, its market share was 36.7%, or $161 billion, a decline of 8% year-over-year. In other words, China lost $14 billion in garment work orders to other countries in a single year. In 2016, Bangladesh's apparel market share was valued at $28 billion, increasing 7.69 percent from the previous year.
This is an accepted version of this page This is the latest accepted revision, reviewed on 5 February 2025. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...