Accountancy, asked by aishwaryaratan, 3 months ago

List out various and
analytical,
hetic and
assembling , synthetic
industries in India and explain
process
about them

Answers

Answered by sirkamleshkumar70

Answer:

The current global fiber demand is split into about 26% for cotton and 56% for polyester. In 2000, this share was about 35% for both cotton and polyester. Global demand for cotton fiber witnessed a continuous decline since then. Further, by 2030, it is expected that Polyester will be covering ~60% share of the total fiber demand on global level while cotton will account for about 1/4th share. Impressive growth and volume of polyester fiber consumption is driven by the trends in the global market. The changes in the consumer lifestyle and attitude drive trends in the end products and impact of such trends is passed along the value chain through combination of requirements centered on cost, performance and availability.

This article talks about the dynamics of synthetic textile industry and how India can focus on untapped investment opportunities in this sector. Key advantages enjoyed by the Indian players and the gaps to be fulfilled are also discussed in detail.

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