The Indian textile industry is today challengingly poised at the crossroads of growth. It has grown over the centuries to become the second largest textile manufacturer in the world after China. In terms of raw material, labour and machine productivity and optimising the cost of production, the Indian textile industry has shown sustained improvement over the last few decades. Yet in these same areas, the industry could well face competition over the next few years. In raw materials, India has grown to become the largest cotton grower in the world. While this in itself is very creditable, yet we lag behind in yield and quality.
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