India has a large share in the world trade of cotton yarn.How ever our trade in garments is only 4% of the world's total.Comment
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Answers
Explanation:
of cotton yarn, accounting for one fourth of
the
four
the total trade. However, our trade in only
garments is only 4 per cent of the world's
total. Our spinning mills are competitive at
the global level and capable of using all the the yarn
fibres we produce. The weaving knitting and
processing units cannot use much of the high
quality yarn that is produced in the country.
There are some large and modern factories
in these segments, but most of the mills
production is in fragmented small units which
cater to the local market. This
mismatch is a major drawback for the
industry. As a result, many of our spinners
export cotton yarn while apparel/garment
manufactures have to import fabric.explain this path also the meaning of processing units an segments according to this para .Please tell answer only if you know otherwise don't waste my as well as your time
Answer:
Cotton yarn exports from India have come down by 22 per cent in the first quarter as a global slump in demand and higher prevailing domestic cotton prices loom over the trade.
India is the worlds' largest exporter of cotton yarn and has major markets in China, Bangladesh, Pakistan, Vietnam and South Korea.