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Abstract
India’s textile industry since its beginning continues to be predominantly cotton based with about 65 per cent of fabric consumption in the country being accounted for cotton.The financial performance of the industry can be studied with regard to various factors namely market place, competitiveness, technology, environment protection and strategic positioning. India earns about 30 per cent of its total foreign exchange through textile exports. Further, the textile industry of India also contributes significantly in the total industrial production of the country.The purpose of this study is to analyze the profitability of textile industry with the help of current ratio of selected textile mills for the period of 10 years from 2009-10 to 2017-18.