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SWOT Analysis of the Indian textile industry is

SWOT Analysis of Indian Textile industry

Strengths: 1 Indian textile industry is a separate and independent industry.

second Abundant availability of raw materials, which helps the industry to control costs and reduce the remaining time of the operation.

third Availability of trained manpower and low cost is an advantage for the industry.

4th The availability of large varieties of cotton and has been rapidly growing industry, synthetic fibers.

5th India has the great advantage of the sector and the presence of the spinning process all operations and value chain.

6th India is one of the largest exporters of yarn in the international market and contribute about 25% of global trade in cotton yarn.

7th The garment industry is one of the largest contributors of foreign income and owns 12% of total exports of the country.

8th Industry has a large and diverse segments that provide a wide range of products.

9th Growing the economy and the potential domestic and international market.

10th

industry is manufacturing flexibility, which helps increase productivity.



Weaknesses: 1 Indian textile industry is very fragmented industry.

second The industry is heavily dependent on cotton.

third The lower performance in different segments.

4th There is DECLINING in the segment Mill.

5th Lack of technological developments that affect the performance and other activities in the total value chain.

6th Infrastructural bottlenecks and performance, such as transaction time at ports and transport time.

7th Unfavorable labor laws.

8th Lack of membership in the trade that restrict tap other potential market.

9th Missing to generate economies of scale.

10th Higher indirect taxes, power and interest rates.



Features:

first Growth of the domestic textile industry is 6-8% per annum.

second Large potential domestic and international market.

third Product development and diversification to meet the needs of the global.

4th The abolition of quota restrictions lead to more development rynku.5. The market is gradually shifting towards branded clothes ready.

6th Increased disposable income and purchasing power of Indian customers opens new market development.

7th Emerging retail industry and shopping malls provide great opportunities for clothing, crafts and other segments of the industry.

8th Increasing investment and FDI opportunities are available.



Threats:

first Competition from other developing countries, especially China.

second Continuous quality improvement is the demand patterns of different times are in demand around the world.

third The abolition of the quota system will lead to changes in demand export.

4th The threat to the traditional market for Powerloom and handloom products and forcing them to diversify the product.

5th Geographical disadvantages.

6th International labor and environmental law.

7th To balance supply and demand.

8th To strike a balance between price and quality.



For more information about the Indian textile industry visit www.india-crafts.com