India, Feb. 1 -- The Government of India issued the following news release:
In its assessment of the textile sector, the Economic Survey highlights that India is the sixth largest exporter of textiles and apparel globally, contributing significantly to the Gross Domestic Product of the country, industrial production and exports. The sector is also one of the largest employment generators, with over 45 million people employed directly, including many women and the rural population. As further evidence of the inclusive nature of this sector, nearly 80 % of its capacity is spread across Micro, Small and Medium Enterprises (MSME) clusters in the country.
The Survey stated that India exported textile items worth USD 34 billion in 2023, with ap...