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Abstract

Trends in Textile Engineering & Fashion Technology

Indian Textile Industry: Opportunities, Challenges and Suggestions

  • Open or CloseSatish Kumar R*

    Professor and Chair for Marketing Area, India

    *Corresponding author: Satish Kumar R, Professor and Chair for Marketing Area, IFIM Business School, Bangalore, India

Submission: March 06, 2018; Published: May 04, 2018

DOI: 10.31031/TTEFT.2018.02.000538

ISSN: 2578-0271
Volume2 Issue3

Abstract

The Indian textile industry is highly fragmented and labor-intensive. The textile industry is being dominated by unorganized sector and Small and medium industries. The foreign investors are not investing in the textile sector which is also one of the areas of concern. The government policies and tax structure are not favoring this industry textile industry is highly competitive and the present situation demands the companies to benchmark their products with the best in the world and try to upgrade the quality and production processes. The paper tries to provide insights into the Indian textile industry. The article attempts to explain the opportunities, challenges and suggestions.

Keywords: Benchmark; Textile and garment industry; Labor-intensive; Buyer-driven value chains; Producer driven value chains

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