Textile Sector
The textile sector is a vital part of the Indian economy. It contributes significantly to employment and exports. India is known for its diverse fabrics and traditional crafts. The sector includes handloom, power loom, and garment manufacturing. It faces challenges like competition and sustainability. Government initiatives aim to boost growth and innovation. The textile industry reflects India's rich cultural heritage.
India’s garment exports have shown an important increase in the first half of the fiscal year 2024. Despite geopolitical tensions and challenges in neighbouring markets, the sector has...
November 18, 2024