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Cotton Textile Industry in India

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Cotton Textile Industry in India
Introduction

The textile industry in India occupies a unique position in our economy contributing to nearly a third of the country's export earnings. This industry includes manufacturers, suppliers, wholesalers and exporters of Cotton Textiles, Handloom, and Woolen Textiles etc. From the production of textile machinery and equipment, dyes and raw materials to the delivery of finished textiles, fabrics and garments, the textile industry in India has the vast potential for creation of employment opportunities. The number of textiles manufacturers, suppliers, wholesalers and textiles exporters in India has increased rapidly after independence. Today, handloom and cotton textiles exports in India is counted among the most important sectors.
The Government of India taking note of the new challenges and opportunities presented by changing global environment, particularly the initiation of the process of gradual phasing out of the QRs on imports and lowering of tariff rates for an integration of world textile and clothing markets by 2004, is set to redefine its goals and objectives vis-a-vis India's textiles
History
The cotton plant has always thrived in the wild. By contrast, the historical origin of its commercial exploitation, particularly with regard to textile uses, is fuzzier. Relevant literary references point to two distinct geographical origins of cultivated cotton, namely, Asia and pre-Columbian America. The first cotton fabric would date back to approximately as early as 3,200 BC, as revealed by fragments of cloth found at the Mohenjo-Daro archaeological site on the banks of the River Indus. From India, cotton textiles probably passed to Mesopotamia, where the trade started around 600 years BC.

There is evidence to suggest that trade in cotton started around Rome at the time of Alexander the Great, in the 4th century BC. The trade flourished after the discovery of the maritime route passing by the Cape of Good Hope and the establishment of trading

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