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The growth slipped due to the sharp downfall in the manufacturing and specifically electrical sector to 7.5% and 1.4% respectively from a high of 12.4% and 8.7% respectively clocked in April 2007.
INDIAN TEXTILE INDUSTRY:
The textile industry holds significant status in the India. Textile industry provides one of the most fundamental necessities of the people. It is an independent industry, from the basic requirement of raw materials to the final products, with huge value-addition at every stage of processing. Today textile sector accounts for nearly 14% of the total industrial output. Indian fabric is in demand with its ethnic, earthly colored and many textures...
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