INDIAN TEXTILE INDUSTRY: OPPORTUNITIES, CHALLENGES AND SUGGESTIONS

  • Dr. R. Satish Kumar Professor & Chair, Marketing Area, IFIM Business School, Karnataka, India.
Keywords: Benchmark, Textile And Garment Industry, Labor-Intensive, Buyer-Driven Value Chains, Producer-Driven Value Chains

Abstract

The Indian textile industry is highly fragmented and labor-intensive. The textile industry is being dominated by unorganized sector and Small and medium industries. The foreign investors are not investing in the textile sector, which is also one of the areas of concern. The government policies and tax structure are not favoring this industry Textile Industry is highly competitive and the present situation demands the companies to benchmark their products with the best in the world and try to upgrade the quality and production processes. The paper tries to provide insights into the Indian textile Industry. The article attempts to explain the opportunities, challenges and suggestions.

References

(2016-17). Annual Reports. Textile Board of India ministry of textile government of India. Retrieved on March 24, 2018 from http://texmin.nic.in/documents/annual-report
(2017-18). Annual Reports. Textile Board of India ministry of textile government of India. Retrieved on March 24, 2018 from http://texmin.nic.in/documents/annual-report
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Textile-FICI-TAG-2016-White paper. Retrieved from http://www.ciiblog.in/opportunities-challenges-textiles-apparel-sector/ Indian Textile Journal. Ministry of Textiles, Department of Industrial Policy and Promotion, Press Information Bureau. Retrieved from https://openbudgetsindia.org/.../department-of-industrial-policy-and-promotion-2017-...on 19-4-2018
How to Cite
Dr. R. Satish Kumar. (2018). INDIAN TEXTILE INDUSTRY: OPPORTUNITIES, CHALLENGES AND SUGGESTIONS. International Journal of Trade and Global Business Perspectives, 7(02), 3901-3886. Retrieved from https://tgbp.gfer.org/index.php/tgbp/article/view/6
Issue
Vol. 7 No. 02 (2018): APR-JUN
Section
Articles

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