Reliance Industries Limited has announced a restructuring of its textile business, phasing out women's wear and retiring 20 per cent of its work force in western Gujarat state.

Reliance, one of India's top industrial houses, is the largest investor and one of the largest employers in Gujarat, with assets of more than 500 billion rupees ($11 billion)

The states was hit by a 1.1 magnitude earthquake on Jan 26 and Reliance has taken over rebuilding of one town, Anjar.

The textile business contributes less than 1 per cent of Reliance Industries’ total revenues, which also come from petrochemical plants, gas pipelines and oil refineries in Gujarat, which produced 5.5 per cent of India’s gross domestic product before the quake.

A day after the Indian government announced the end of quota restrictions on textiles and readymade wear - the last step in nut ting World Trade Organisation requirements. Reliance announced its textile restructuring.