The Textile Industry occupies a vital place in the Indian economy and contributes substantially to its exports earnings. Textiles represent nearly 30% of the country's total exports. Providing direct employment to over 15 million persons in the mill, powerloom and handloom sectors make India the world’s second largest producer of textiles after China. It is also the world’s t hird largest producer of cotton after China and the USA . I ndia’s total exports of textiles and apparel are expected to grow at a CAGR of 12.03% to reach $82 billion by 2021. The total textile and clothing exports, during April - September 2018, stood at Rs . 1.30 trillion ($18.56 billion). As per reports released by various management consulting firms in I ndia : Ready-made garments exports were Rs. 52,810.51 crore ($7.53 billion) Fiber exports stood at Rs. 8,429.05 crore ($1,201.06 million) Total value of yarn, fabrics and made-ups exp
