How much of the Indian textiles industries are exporting there product to other country
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Cotton plays an important role in the Indian economy as the country's textile industry is predominantly cotton based. India is one of the largest producers as well as exporters of cotton yarn and the Indian textile industry contributes about 11 percent to industrial production, 14 per cent to the manufacturing sector, 4 percent to the GDP and 12 per cent to the country's total export earnings. The cotton cultivation in India in 2013-14 was estimated at 37 million bales (170 kg each) of cotton, making it the second largest producer of cotton worldwide.
Key Markets and Export Destinations
India exported cotton (chapter 52) of worth US$ 9,925.85 Mn in 2013-14.
India has overtaken Italy and Germany, and is now the second largest textile exporter in the world.
India was the third-largest supplier of textiles and clothing to the US in 2013, contributing about 6.01 per cent of its total imports.
China is the biggest importer of raw cotton from India. The other major cotton importing countries from India are Bangladesh, Egypt, Taiwan, Hong Kong among others.
Various reputed foreign retailers and brands such as Carrefour, Gap, H&M, JC Penney, Levi Strauss, Macy's, Marks & Spencer, Metro Group, Nike, Reebok, Tommy Hilfiger and Wal-Mart import Indian textile products.