A STUDY ON THE EXPORT PERFORMANCE OF TEXTILE INDUSTRY IN INDIA

Indian Textiles Industry has an overwhelming presence in the economic life of the country. Apart from providing one of the basic necessities of life, the textile industry also plays a pivotal role through its contribution to industrial output, employment generation and the export earnings of the country. It contributes about 14% to the industrial production, 4% to the GDP and 11% to the country’s export earnings. The textile sector is the second largest provider of employment after agriculture. The main objectives of the study is to analyse the export of different products of Indian Textile Industry. The study period was divided into 2010 to 2024. Percentage Analysis, Trend Analysis, Growth Rate, Standard Deviation, CAGR and CV have been used to analyse the data. The study recommended that Government will give up a portion of tax collection but in return of it, foreign exchange inflows will increase, national productivity increases and a competitive hosiery industry would developed in the country that would ensure long term sustainability and its contribution in economic growth.