What is the Contribution of Textile Industry In India’s GDP

The contribution of textile industry to the total GDP was 2.28% during the year 2007-08, 2.25% during the year 2008-09 and 2.22% during the year 2009-10.

Textiles and Clothing Industry contributed 11.46% of country’s total exports in 2008-09, 12.54% in 2009-10 and 10.63% in 2010-11. Exports of Textiles & Clothing is USD 21.22 billion, USD 22.42 billion and USD 26.82 billion during 2008-09, 2009-10 and 2010-11 respectively.

                        The number of functional textile mills in the country and the number of persons employed in the textile industry, State-wise as on 31.01.2012 is given below:-

The number of textile mills {cotton/ man-made fibre textile mills (Non SSI)} which have been closed during the last three years and the reasons behind their closure as on 31.01.2012 are given below:-

                        No agreement has been signed exclusively with Bangladesh. Bangladesh is a member country of the South Asian Free Trade Agreement (SAFTA) and tariff for SAFTA has been reduced to zero percent for Least Developed Countries (LDCs), including Bangladesh, with effect from 01.01.2008. Certain textiles lines that figured in India’s Sensitive List forLDCs under SAFTA have been delisted with effect from 09.11.2011, which would allow Bangladesh zero duty access toIndia on these lines. No impact analysis has been made for the said zero duty access as it is too early to assess the impact of such duty free access to Bangladesh.

This information was given by Minister of State for Textiles Smt. Panabaaka Lakshmi in a written reply to a question raised in Lok  Sabha