can anybody tell me the conclusion of cotton textile industry over the world ?
Answers
Answer:
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Explanation:
The Indian textile industry is at present is one of the largest and most important sector in the economy in terms of output foreign exchange earnings and employment in India. The Textile industry has the enriched potential to scale new height in the globalized economy.
The textile industry in India has gone through significant charges in anticipation of increased international competition. The industry is facing numerous problems and among them the most important once are those of liquidity for many organized sector units, demand recession and insufficient price realization. The long-range problems include the need for sufficient modernization and restructuring of the entire industry to cater more effectively to the demands of the domestic and foreign markets for textiles as per the needs of today and tomorrow. Bricks re gistered a further growth of 9 percent over the corresponding period of the previous year.
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