Question

industries why is the cotton textile is sick industry in India?

Answer 1

Four points are worth noting about the nature of sickness in the textile industry: it is neither temporary nor isolated; it largely afflicts the organised sector; within the organised sector, the composite mills are suffering more; and it is more pervasive in the older textile centres like Ahmedabad and Bombay. While the problems of the composite sector in the older textile centres are predominantly the result of structural and environmental factors, it is also a fact that managements of textile mills suffered from static perceptions about the industry relating to raw material, technology, products and markets. These perceptions were conditioned by the general environment of a closed and highly protected economy and led to slow responses to market changes at the unit management level. Many of these problems were identified and accepted by the Expert Committee on Textiles and found expression in the new Textile Policy announced in June 1985. While lately there appears to be a greater desire to implement the new Textile Policy with some vigour, further macro-level remedial steps have to be taken. The major ones among these are discussed here as are managerial actions that have to be taken at the unit level. And even as the textile units implement the required strategy in the new environment, support will have to be provided to the sick units till they become healthy, calling for exercise of judgment on the viability of the unit, commitment and competence of the management and the need for funds and financial accommodation.

Answer 2

Textile Industry in India

The British eliminated existing traders and brokers connected with cloth trade.

Instead, they appointed a gomastha to supervise weavers, collect supplies and to examine the quality of cloth.

The weavers were not allowed to deal with other buyers.

The weavers were not permitted to sell to different buyers.

The Company paid measly rates for the clothes.

Thus, weavers either migrated to other areas, or took up agriculture.