What is the Textile industry ?
The Textile industry is a term used for industries primarily concerned with the design or manufacture of clothing as well as the distribution and use of textiles. • Textile industry is constituted of the following segments • Readymade Garments • Cotton Textiles including Handlooms (Millmade / Powerloom/ Handloom) • Man-made Textiles • Silk Textiles • Woollen Textiles • Handicrafts including Carpets • Coir • Jute • The global textile market possesses a worth of more than $400 billions presently. It is predicted that Global textile production will grow by 25 percent between 2002 and 2010 and Asian region will largely contribute in this regard. • The level of exports in textiles from developing countries is increasing even if in the presence of high tariffs and quantitative restrictions by economically developed countries. • The role of multifunctional textiles, eco-textiles, e-textiles and customized textiles are considered as the future of textile industry. • Modern techniques, electron