The Indian textile industry is one of the largest in the world with a massive raw material and textile manufacturing base. Our economy is largely dependent on textile manufacturing and trade, in addition to other major industries. Around 35 million people are directly employed in textile manufacturing activities. Indirect employment, including the manpower engaged in agricultural-based raw-material production like cotton and related trade and handling, could be stated to be around another 60 million.
Growth of the Textile Industry in India: Textile is the largest single industry in India (and among the biggest in the world), accounting for about 20% of the total industrial production. It provides direct employment to around 20 million people. India’s textile industry is also significant in a global context, ranking second to China in the production of both cotton yarn and fabric and fifth in the production of synthetic fibers and yarns.
The following are the advantages of ERP software in the textile industry:
Textile ERP software helps businesses streamline and automate their processes and manage their entire process from start to finish much more efficiently. It centralizes information from all departments, making interdepartmental communication and collaboration easy and transparent. Critical areas like inventory, finance, procurement of raw materials, and so on, can be managed effectively with a robust ERP solution. Cloud-based software offers advantages of any time, anywhere accessibility; real-time information from any department; and so on, that help in the efficient control and monitoring of operations; responding to queries swiftly; planning production better, and more.