Yarn Industry in India - Overview
Indian textiles, since times immemorial, have been one of the strongest backbones of the Indian economy. Yarn, which is made by compiling continuous strands of natural and synthetic fibers together to weave fabrics, is the oxygen of this industry. In this article, we aim to give you an informative and educational overview of the Yarn industry in India.
Indian Economy and Textiles
One of the world’s biggest textile industries, the Indian textile sector has a large store of raw materials and a huge support base for textile manufacturing. In fact, the Indian economy is hugely dependent on this industry. More than twenty-seven percent of India’s foreign exchange income comes from the export of textiles and cloth. In the total industrial production of the country, the contribution of the