The textile industry in India is one of the largest and most important industries. It contributes 14% to industrial production, 4% to GDP, and 17% to export earnings. The textile industry employs over 35 million people directly. The government has implemented various initiatives and policies to promote growth of the textile sector. It aims to increase India's share of the global textile market from 4.5% to 8% by 2020. The technical textiles segment in particular is growing, with the market size projected to increase over time. Major players, investment, and opportunities in the industry are also discussed.