India is one of the largest producers and exporters of textiles in the world. The textile industry in India is a major contributor to the country’s economy and provides employment to millions of people. India’s textile exports have been growing steadily over the years and the country is now one of the leading exporters of textiles in the world.
India’s textile exports include a wide range of products such as cotton yarn, fabrics, readymade garments, home textiles, and accessories. The country exports textiles to various countries including the United States, the United Kingdom, Germany, France, and Italy.
India’s textile import market is also significant, with the country importing various textiles such as silk, wool, and synthetic fibers. The country imports textiles from various countries including China, Bangladesh, and Vietnam.
The Indian government has implemented various policies and initiatives to promote the growth of the textile industry in the country. These include the Textile Upgradation Fund Scheme, the Technology Upgradation Fund Scheme, and the Integrated Skill Development Scheme.
Overall, the textile import-export industry in India is a vital component of the country’s economy and is expected to continue to grow in the coming years.