The Importance of Textile Industries after Agriculture is beyond any doubt for the contribution in the Country`s economical Growth. It is capable to render jobs to 45 million people directly and that of 60 million people indirectly. It is the oldest Industry to fetch their cloths to the people. It was the Golden Industry till the year 1950 to 1960. Then the downfall has started because of the inception of the so many other profit-making Industries and the capital started siphoning to those lucrative industries. It started getting sick due to the high labour & Power cost, high operational Cost and poor vision of the Managements and poor support from the Govt.  On the other hand, unorganized sectors started grow because of low cost and Good Textile Policy although they did not do well because of the unprofessional Managements. The NTC was formed but could not sustain because of the gross Mismanagements. The Textile Machine Manufacturers also started suffering because of not copping with the latest Technology. The Synthetic Industries started growing because of the lower production cost. The survival was only for those who have taken timely steps to modernization and value-added production.   
 
KEYWORDS: Export, Employment, Modernization, Organized Sectors, Sickness, Technology.

Introduction

       In the world of “Roti Kapada aur Makaan”, the importance of Textile Industry comes at highest importance after agriculture sector. It is the highest employer after agriculture sector. The followings are the contribution of this Industry towards Nation:   

• 14% Contribution to India`s Total Industrial Production.
• 5% Contribution to India`s gross Domestic Production.  
• Export % - 12.59
• Over all Export: Rs.1894181.95 Crore (2013-2014). (Source: Foreign trade statistics of India)
• Direct Employment of 45 million people and indirect Employment of 60 Million people contributing to 2nd largest employer.  
• 27% earning of foreign Exchange.  

          Despite above positive sides, there is declination of Organized Sectors which has great impact on the growth w.r.t. employment, Export and Export Business, quality product, special Product, Revenue earnings and social impact.

History of the Textile Industries

           The oldest way to earn livelihood is farming, Textiles and various types of small professions (like preparation of earthen pots, blacksmith jobs etc).The Textile Industries started taking its own shape gradually with growing population and it`s needs.  The first modem cotton textile mill was set up in 1818 at Fort Gloster near Kolkata. But this mill could not survive and had to be closed down. The first