A Study on the Import and Export of Textile and Apparel Goods Industries in India

R Sridevi Karumari; P Sailaja

doi:10.34293/commerce.v12iS1-Feb.7586

R Sridevi Karumari Assistant Professor, PG and Research Department of Economics, Seethalakshmi Ramaswami College, Tiruchirappalli, Tamil Nadu, India
P Sailaja Assistant Professor, PG and Research Department of Economics Seethalakshmi Ramaswami College, Tiruchirappalli, Tamil Nadu, India

DOI: https://doi.org/10.34293/commerce.v12iS1-Feb.7586

Keywords: Apparel Industry, Make in India, Skill India, Rural Youth Employment

Abstract

The Textile industry occupies an important place in the Indian Economy and contributes to the export earnings of the country. The Textile along with the Apparel industry provide direct employment to over 15 million persons in the country. India is the third largest exporter of Textiles and Apparel in the world. The Indian textile and apparel industry is diversified and can provide various textile products to meet different market needs. It has access to a large pool of skilled labour as well as trained and skilled technical and managerial personnel. The sector has perfect alignment with the Government’s key initiatives of Make in India, Skill India, Women’s Empowerment and Rural Youth Employment. Therefore, in the study, an attempt has been made to analyse the Import and Export of Textile and Apparel industries products in India from 2017-2018 to 2022-2023.