what are the factor responsible for cotton textile industry state the problem faced by cotton textile industry in India
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Strikes, layoffs, retrenchments are the common features of many cotton mills in the country. Competition in foreign market-The Indian cotton textile goods is facing stiff competition in foreign markets from Taiwan, South Korea and Japan whose goods are cheaper and better in quality.
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They face problems like :
(i) Power supply remains erratic and thereby affecting its production.
(ii) Machinery needs to be upgraded in the weaving and processing sectors particularly.
(iii) There is lower output of labour, since they are not skilled in their jobs.
(iv) There is a stiff competition with the synthetic fibre industry.
Explanation:
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