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Indian Textile Industry Presentation 010709
The Indian textile industry covers activities from production of raw materials like cotton, jute, silk and wool to finished products like fabrics and garments. It plays a key role in the Indian economy by providing employment to 38 million people and contributing 5% to GDP. The industry is dominated by small scale players and is highly fragmented. It has seen steady growth over the past decade due to ample availability of raw materials, low labor costs, and growing domestic demand. Major players in the industry include Arvind Mills, Raymond, Alok Industries, and Vardhman Spinning.
