What are the mismatch of textile industries in India?
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because of the following reason:-
1 there is a lack of good quality raw material the cotton output is highly volatile due to unpredictable raw material
2 use of outdated labour oriented machinary has increased the cost of production and has made industries less profitable
3 there is a sharp increase in the number of loss making industrial units due to labour and other problems
4 shortage of continuous power supply reduces the optimum uses of all factors of production .
5 competition from other materials had reduced the demand for cotton
6 competition from other country has effected its profit.
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Answered by
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Explanation:
because of the following reason:-
1 there is a lack of good quality raw material the cotton output is highly volatile due to unpredictable raw material
2 use of outdated labour oriented machinary has increased the cost of production and has made industries less profitable
3 there is a sharp increase in the number of loss making industrial units due to labour and other problems
4 shortage of continuous power supply reduces the optimum uses of all factors of production
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