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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...
Persistent link: https://www.econbiz.de/10013114773
The textiles and clothing sector involves most unskilled labour-intensive activities, requires minimal training but offers the most employment opportunities as compared to any other manufacturing sector. In the area of international trade, exports from this sector have played a very crucial role...
Persistent link: https://www.econbiz.de/10013115142
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...
Persistent link: https://www.econbiz.de/10013115163
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...
Persistent link: https://www.econbiz.de/10013115190
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...
Persistent link: https://www.econbiz.de/10014035131