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Study On Impact of Textile Industry

The Indian textile industry is one of the largest in the world, contributing significantly to India's economy through exports, revenue, jobs and more. It employs over 100 million people directly and indirectly. However, the industry faces challenges from being highly fragmented and dominated by small and informal businesses, as well as changing government policies. Research on the impact of the textile industry needs to consider not just social perspectives but also consequences for exports, the environment and other sectors.

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Hitesh Rathi
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109 views3 pages

Study On Impact of Textile Industry

The Indian textile industry is one of the largest in the world, contributing significantly to India's economy through exports, revenue, jobs and more. It employs over 100 million people directly and indirectly. However, the industry faces challenges from being highly fragmented and dominated by small and informal businesses, as well as changing government policies. Research on the impact of the textile industry needs to consider not just social perspectives but also consequences for exports, the environment and other sectors.

Uploaded by

Hitesh Rathi
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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STUDY ON IMPACT OF TEXTILE INDUSTRY

1. INTODUCTION

The Indian textile industry is one of the largest in the world with a massive raw material and
textiles manufacturing base. Our economy is largely dependent on the textile manufacturing
and trade in addition to other major industries. About 27% of the foreign exchange earnings
are on account of export of textiles and clothing alone. The textiles and clothing sector
contributes about 14% to the industrial production and 3% to the gross domestic product of
the country. Around 8% of the total excise revenue collection is contributed by the textile
industry. So much so, the textile industry accounts for as large as 21% of the total
employment generated in the economy. Around 35 million people are directly employed in
the textile manufacturing activities. Indirect employment including the manpower engaged in
agricultural based raw-material production like cotton and related trade and handling could
be stated to be around another 60 million.
A textile is the largest single industry in India (and amongst the biggest in the world),
accounting for about 20% of the total industrial production. It provides direct employment to
around 20 million people. Textile and clothing exports account for one-third of the
total0020value of exports from the country. There are 1,227 textile mills with a spinning
capacity of about 29 million spindles. While yarn is mostly produced in the mills, fabrics are
produced in the power loom and handloom sectors as well. The Indian textile industry
continues to be predominantly based on cotton, with about 65% of raw materials consumed
being cotton. The yearly output of cotton cloth was about 12.8 billion m (about 42 billion ft).

2. STATEMENT OF THE PROBLEM


The contemporary issue in the textile industry is a topic of frequent discussion in media.
However, the discussion is mostly focusing on the consumers’ social point of view,
neglecting the impact it has on the Indian export crisis and environment as well as other
sectors. India is the second-largest producer of textiles and garments after China and also the
second-largest producer of cotton. It is the largest producer of jute in the world. It employs
51 million people directly and 68 million people indirectly. However, these features do not
summaries the current scenario of the sector. The Indian textile industry is highly fragmented
and is being dominated by the unorganized sector and small and medium industries. The
changing government policies at the state and central government levels are posing major
challenges to the textile industry.
3. LITERATURE REVIEW
The review of literature is the beginning of the research relating to a particular topic because
it highlights the lapses in research and the area on which it is necessary to concentrate, as far
as research and that topic is concerned. It shows us the direction of our research activity.
National Commission on labor 1969, Headed by Gajendragadkar P. B. concluded that "As
minimum facilities come to be provided and measures for social security began to be
undertaken, workers were increasing attracted by them and lack of commitment became less
serious problem." The Commission further said that, earlier migrants have an urge to go back
to the village but the later one show increasing commitment to urban life and factory work.
The age of worker is also a factor, urban attractions working more strongly on the young.
This is more less true in expanding urban industrial centres. The National Commission on
labour 1969 has come to the following conclusions.
A) A worker today is more urban in taste and outlook than his predecessor.
B) Due to growth of industries and disposal of activity, a process of industrial cauterization
of working class has set in.
C) On account of urbanization difficulties in four areas has sprang up Housing, Transport,
Civic amenities and Distribution control.

4. RESEARCH METHODOLOGY
For the present study the following data collection method was adopted.
SAMPLE DESIGN: A convenient sample of 100 power loom workers was considered for the primary
data for the study.

TOOLS OF DATA COLLECTION


TOOLS OF PRIMARY DATA: Under this method, primary data of 100 power loom workers was
collected through a specific questionnaire, which was a convenient sample. The questionnaire set
for this purpose had contained more of descriptive type questions.

1) INTERVIEW METHOD: The interview method was selected to collect the information from the
selected power loom workers. Interview schedule was the main tool for this research.

2) OBSERVATION: The researcher also collected additional information about the workers through
the keen observation at the time of interviews to understand actual nature of power loom workers
and actual situation of working place.
TOOLS OF SECONDARY DATA: The following tools are used for collecting secondary data,
a) Annual Reports
b) Journals
c) Periodicals
d) Library source
5. DATA AND VARIABLES

India's home textile exports grew at a healthy rate of 9% in FY21 despite the pandemic. The
textiles sector has witnessed a spurt in investment during the last five years. The industry
(including dyed and printed) attracted Foreign Direct Investment (FDI) worth US$ 3.75
billion from April 2000 to March 2021.

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