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Textile Sector
(A) FUNCTIONS OF TEXTILE MILLS IN TAMIL NADU
Textile Industry of Tamil Nadu is the forerunner in Industrial Development and in providing massive employment in the State. It is predominantly Spinning-oriented. The State Textile Industry has a significant presence in the National economy also. Out of 2049 large and medium textile mills in India, 893 mills are located in Tamil Nadu. Similarly, out of 996 small units in India, 792 are located in Tamil Nadu. The 893 large and medium textile mills include 18 Cooperative Spinning Mills, 17 National Textile Corporation Mills and 23 Composite Mills. The spinning capacity is 14.75 million spindles with a labour force of about 2.17 lakhs. The Textile Industry in the private sector has a very important role to play in the Industrial field, with regard to employment potential, overall economic and commercial activities. This industry enables the Central and State Government to earn revenue, besides foreign exchange through exports.
B) COOPERATIVE SPINNING MILLS
In Tamil Nadu, there are 18 Cooperative Spinning Mills situated in various Districts, which were started between 1958 and 1985 with an object of providing un-interrupted supply of quality hank yarn to the Cooperative Handloom Weavers at reasonable rates. The installed capacity of 4.69 lakh spindles have since been downsized to 2.86 lakh spindles.