By admin       2018-03-27

COIMBATORE, MARCH 26 - Despite the Centre’s support to the Indian textile industry, the sector, stakeholders say “has been losing its sheen” on various fronts. From scale of operation to poor expansion or investment in post-spinning operations — be it weaving or processing, rising labour costs, inconsistent fibre policy, lack of level playing field to remain competitive on the export front, inordinate delay in signing of FTAs (Free Trade Agreements) and the inefficient supply chain seems to have pushed the cotton textile industry in the country to a tight spot. Such issues were discussed at a panel discussion on “Is Indian Cotton textiles losing its competitiveness?” The event — the second in the Agri Conclave series — was powered by BusinessLine in association with Multi Commodity Exchange (MCX).

Download App

# #

Member Login