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Historically, the Indian textiles and clothing industry has comparative advantage in production and exports which could not be fully utilized because of quantitative restrictions imposed by her major export markets such as USA and European Union. It was therefore, envisaged that with the...
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China and India are the two major gainers from the removal of quotas on textiles and clothing with phasing out of Multifibre Arrangement (MFA) with effect from Jan. 1, 2005. However, to reap the maximum benefits of the new quota free regime and to sustain the growth in this sector it is...
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The technical textiles domain with its classifications into twelve broad segments leaves a great space where Indian industry has the large scope to deliver good results. It can also set an example in the times of turbulences that may occur anytime in today's changing business environment. The...
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The Indian textile and clothing industry is the second largest employer after agriculture. Cessation of quota-based curbs on January 1, 2005, offers the industry an opportunity to expand textiles and garments exports and generate substantial employment. However, the industry is going through a...
Persistent link: https://www.econbiz.de/10014173120
Technical Textiles sector potentially has ample opportunity for India, both, from a production as well as consumption perspective. The Government has already taken a few steps to promote this sector. Especially, with the ‘Make in India’ initiative of the Government, this sector is set to...
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