The textile industry is Turkmenistan's second-fastest growing industry according to figures from the Government, the Turkmen State News Service reported Monday. Production shot up to TMM1,081bn ($207m) last year, an increase of 38.5 per cent Around TMM588bn ($113m) worth of textile goods were produced, 39 per cent up on 1999, and the profit on the sale of goods was over TMM196.5bn ($37.8m). A significant increase was achieved in the volume of cotton fabric and yarn, knitted fabrics and the wide range of finished goods manufactured.