If you were
given a chance
to establish a
Cotton AND
Textile industry
where poyou
Locate it
Answers
Answer:
Introduction of cotton production in India
One of mankind’s great discoveries, cotton is one commodity that is available virtually everywhere - testifying both to its utility, as well as the awe-inspiring impact capitalism, has had on human production and consumption. Cotton production in India has focused on textiles for over thousands of years, generating significant employment for both skilled and unskilled labour - thus helping strengthen the country’s economy.
The cotton sector in India is considered the second most developed sector in the textile industry (after man-made fibres). At 18% of the global total, India is the world’s largest producer of cotton. It also has the largest area under cotton cultivation in the world, representing about 25% of the world’s area under cultivation. The states of Gujarat, Maharashtra, Andhra Pradesh, Haryana, Punjab, Madhya Pradesh, Rajasthan, Karnataka and Tamil Nadu are the major cotton producing areas in India.
History of Cotton Textile Industry in India
History of cotton textile industry in India
The history of the cotton industry in India dates back millennia. India held a global monopoly over the manufacturing of cotton textiles for about 3,000 years - from 1500 B.C. to 1500 A.D. It served as an ideal medium of exchange in the barter economy during the ancient period. During the middle ages, it was exported to Eastern and European markets. This was followed by the establishment of cotton mills by imperial powers in the modern period.
The first cotton mill in India was established in 1818 at Fort Gloster near Kolkata but was a commercial failure. The second cotton mill in India was established by KGN Daber in 1854 and was named Bombay Spinning and Weaving Company. This mill is said to mark the true foundation of the modern cotton industry in India. In Ahmedabad - also referred to as the ‘Manchester of India’ - the opening of Shahpur mill in 1861 and Calico mill in 1863 marked the city’s spectacular rise as one of the world’s prime cotton manufacturing locales.
Explanation:
The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labour in textiles. The textile industry continues to be the second-largest employment generating sector in India. It offers direct employment to over 35 million in the country.[1] According to the Ministry of Textiles, the share of textiles in total exports during April–July 2010 was 11.04%. During 2009–2010, the Indian textile industry was pegged at US$55 billion, 64% of which services domestic demand.[1] In 2010, there were 2,500 textile weaving factories and 4,135 textile finishing factories in all of India.[2] According to AT Kearney’s ‘Retail Apparel Index’, India was ranked as the fourth most promising market for apparel retailers in 2009.[3]
India is first in global jute production and shares 63% of the global textile and garment market. India is second in global textile manufacturing and also second in silk and cotton production. 100% FDI is allowed via automatic route in textile sector. Rieter, Trutzschler, Saurer, Soktas, Zambiati, Bilsar, Monti, CMT, E-land, Nisshinbo, Marks & Spencer, Zara, Promod, Benetton, and Levi’s are some of the foreign textile companies invested or working in India.[4]
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