Opportunities of textile industries in India

Textile industry is the most important sector of one's nation for the development of country and economy. The growth of economy depends on the progression of the textile industry. Textile industries of India are also contributing a major role in Indian economy. It contains domains like weaving, processing, spinning and garments etc. Punjab is the leading state among all in textile production in the country and it is a home for textile companies like Vardhman, SEL & Winsome, Nahar and Trident etc. This sector contributes a large part in Gross domestic Product and development of economy of India i.e. 19% of the total industrial production and 38% of the total exports. This study provides a detail contribution model of textile industry in the progression of economy. This study provides a detail of textile parks in India, opportunities to this industry, highlights of this sector of past years and its contribution in economic development of India.