The Ministry of Textiles came into independent existence in 1989 after its separation from the Ministry of Commerce. Textile Industry occupies a unique position in our economy and psyche. The fate of rural economy and the fortune of major fibre crops and crafts viz cotton, wool, silk, Handicrafts and Handlooms, which provides employment to millions of farmers and craft persons in rural and semi-urban areas, depends on the textile industry. Textile sector provides employment next only to agriculture.
*Data-Courtesy Minsistry of Textiles - Goverment of India - www.exmin.nic.in