What are the strength , weakness, opportunity and threats of cotton textile industry and road transport of India
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Answers
Answer:
Nation’s textile industry has potential to double its rise in the next 7 years; China is losing advantage in textile because of rising power costs, labour costs and focus on domestic market
• Major exporting countries like Bangladesh are also facing geopolitical issues
• Country’s major costs such as cotton, yarn, power, wages, dyes and chemicals are internationally
Answer:
trengths of Indian Textile Industry are as follows:
Huge textile production capacity
Efficient multi-fiber raw material manufacturing capacity
Large pool of skilled and cheap work force
Entrepreneurial skills
Huge export potential
Large domestic market
Very low import content
Flexible textile manufacturing systems
Weaknesses of Indian Textile Industry are as follows -
Increased global competition in the post 2005 trade regime under WTO
Imports of cheap textiles from other Asian neighbors
Use of outdated manufacturing technology
Poor supply chain management
Huge unorganized and decentralized sector
High production cost with respect to other Asian competitors
Explanation:
sorry but I only know this much