The textile and apparel industry can be broadly divided into two segments - yarn and fibre, and processed fabrics and apparel. The domestic textile and apparel market is estimated to be US$ 100 billion in 2018-19 and has grown at a CAGR of 10 per cent since 2005-06. The textile industry has around 4.5 crore of workers employed in textiles sector including 35.22 lakh handloom workers all over the country. In FY19, growth in private consumption is expected to create strong domestic demand for textiles. Growth in demand is expected to continue at 12 per cent CAGR to reach US$ 220 billion by 2025. India’s textile and apparel exports stood at US$ 38.70 billion in FY19 and is expected to increase to US$ 82.00 billion by 2021 from US$ 11.92 billion in FY20 (up to July 2019). India’s textiles industry contributed seven per cent of the industry output (in value terms) of India in 2018-19. It contributed two per cent to the GDP of India and employs more than 45 million people in 2018-19. The sector contributed 15 per cent to the export earnings of India in 2018-19. 100 per cent Foreign Direct Investment (FDI) in automatic route is allowed in the Indian textile sector. The Cabinet Committee on Economic Affairs (CCEA), Government of India has approved a new skill development scheme named 'Scheme for Capacity Building in Textile Sector (SCBTS)' with an outlay of Rs 1,300 crore (US$ 202.9 million) from 2017-18 to 2019-20. As of August 2019, 16 states have signed pacts with the Ministry of Textiles to partner with it for skilling about four lakh workers under the scheme.