- The global textile and apparel industry was worth $1,467.5 billion in 2005, with apparel and accessories accounting for $1,098.6 billion (74.9%) and textiles accounting for $214.7 billion (14.6%). - India contributes about 25% of the world's cotton yarn trade and is the second largest producer of cotton yarn and textiles globally. The Indian textile industry contributes about 22% of the world's spindles and 6% of rotors. - Textile exports from India increased from $7.55 billion in 1993-94 to $17 billion in 2005-06, with ready-made garments being the largest export