Conclusion:

Sir, to conclude we can see that the textile industry has witnessed major fluctuations in terms of borrowings, income
and contribution to GDP. These fluctuations were mainly brought on by the covid pandemic and changes in govt.
policies.

Increase in Credit:

Q3 2018-19: This was primarily due to PLI schemes and Repo Rate being set at 4% by the RBI.

2019-20: A sharp drop in credits which was primarily due to Covid first wave.

2020-21: A huge jump in borrowings especially due to double digit growth predicted by World bank and IMF.

Increase in Total Income:

2018-19: The income has increased marginally during the period which can be attributed to added capacity and
growth in market.

2019-20: Sharp decrease in total income which can be attributed to Covid waves.

2020-21: As restrictions were eased, we see a rise in total income.

Increase in Contribution TO GDP:

2018-19: In FY 2018-19 the industry contributed 28.54% in the total 13.94% contribution of Manufacturing sector in
the Indian GDP.

2019-20:

2020-21: