INVESTMENT IN TEXTILE & APPAREL SECTOR

The textile sector plays a key role in the Indian economy by way of significant contribution to GDP, manufacturing output, employment generation, and export earnings. The sector contributes 14% to industrial production, 4% to India‘s GDP and constitutes 13% of the country‘s export earnings. The textile sector is one of the largest source of employment generators in India; it employs over 4.5 crore people, directly.