Powerloom
The powerloom industry has traditionally been one of the cornerstones of the Indian economy in terms of foreign exchange earnings and employment.
The powerloom industry has traditionally been one of the cornerstones of the Indian economy in terms of foreign exchange earnings and employment.
India produces a variety of non-timber forest/ agricultural products (NTFP) and has a global footprint in the export of such produce. India has been recording consistent growth in the export of NTFP over the last five years.
With sericulture activities spread across 52,360 villages, the Indian silk industry is one of the largest generators of employment and foreign exchange for the country.
India is known as the home of spices and boasts of a long history of trading with the ancient civilisations of Rome and China. India is the world's largest producer and exporter of spices of the 109 varieties listed by the International Organization for Standardization (ISO).
The words 'sports goods' have become synonymous with the passion that India has for sports. The sports goods industry in India is nearly a century old and has flourished due to the skills of its workforce.
Klaus Schwab, Chairman
World Economic Forum
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