The document summarizes the Indian textile industry. It notes that the industry contributes significantly to India's economy through employment, exports, and GDP. India has a large raw material base as a top global producer of cotton, silk, jute and man-made fibers. The industry is fragmented with many small independent units. Exports are dominated by ready-made garments while the domestic market is growing. The government has implemented policies to modernize the industry and attract foreign investment. India has a cost advantage over competitors in textile production.