Textile Industries in India-1-1
Textile Industries in India-1-1
If you were to name the largest corporate houses of India, you would instantly say Tata,
Birla, Ambani. But do you know what's common between these big names?
The answer is that their origin was from the textile business.
Back in the 1850s, Shiv Narayan Birla started the work of cotton trading. Talking about Tata,
Jamshedji Tata bought then closed iron mill to convert it into a cotton mill in the year 1870.
Dhirubhai Ambani in 1986, laid the foundation of Reliance commercial company in the form
of a polyester firm and changed its name to Reliance industries with the net worth of
whooping ₹10,000 crores.
Raised from the textile industry, they are counted among the most reputable business
houses not only in India but across the globe.
What is Textile?
The word textile emerged from the Latin word “texere” which means a knitted cloth. To
understand a little more, think about the clothes you are wearing right now.
Imagine how a 100% pure cotton T-SHIRT reached you? You might be surprised to know it
all started from a seed bowed by the farmer on a farm.
The seed is grown in a plant that bloomed into a flower. Transported through machines that
convert it into cotton balls later cleaned and produced into threads called yarns. Yarns are
then weaved vertically and horizontally to form a knitted piece of cloth.
The journey from a seed to the piece of cloth is a part of the textile industry. Besides this, a
large contribution is of man-made fibre like nylon or rayon.
Gradually, it expanded to other parts of the country. As 1900 approached, there were
already 188 running textile mills in Mumbai, Ahmedabad, Bangalore.
Started by the name of Arvind Mills is the largest textile company in India. Manufacturer of
sarees, crepes, shirtings etc. And also, the largest denim manufacturer in India. With the
revenue of Rs 7,229 cr, it topped the global textile reports for generating the fastest sales.
This company possess 22 global patents under its name.
Present in the industry for over 50 decades, it was established in 1965, it has evolved into a
modern era garment domain. Vardhman Group enjoys the revenue of Rs 6,706 cr making it
the leading textile major.
The textile industry is the second largest industry to employment after the agricultural sector.
Present, the textile realm is valued at $140 bn in India.
Rendering employment directly to over 4.5 crore people and indirectly to more than 6 crores.
This makes it an important industry for any government.
The 50% contribution towards textile is from the top most textile companies in India. This
business contributes almost 2.3% of the total GDP. It occupies 13% of the share in total
industrial production. And also, 12% of share from exports of the country.