What is the role of textile industry in the economic development of India?

The structure of the textile industry is extremely complex with the modern, sophisticated and highly mechanised mill sector on the one hand and the hand spinning and hand-weaving (handloom) sector on the other; in between falls the decentralized small scale powerloom sector. If we include all the three sectors, the cotton and synthetic textile industry in India is the largest industry in the country, accounting for about 20 per cent of the industrial output, providing employment to over 20 million persons and contributing around 33 per cent of the total export earnings. The textile industry is one in which India has an opportunity for success on a global scale, given the low cost of labour.

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