The textile industry is one of the earliest in India and is often looked upon as a pioneer in the industry segments. The industry had to face a dull patch during the period from the decade of 70’s to the period before globalisation turned around the industry for good. The Indian textile is one of the largest across the globe and this pretty much explains the big volumes of production.
With millions of people employed and associated with this industry in some or the other way through secondary support, this industry accounts for big percentage in terms of overall industrial production. Big capital investment and power supply are big factors in any production, yet the most important support comes from the ground level. Textile industry is mainly dependent on the cotton availability, low labor wages, and skilled enough staff.
Not many countries are bestowed with such resources as India is and this has been a major reason for textile industries reaching new heights. Post liberalisation has truly proved fruitful to the Indian garment industry. Yet all is not good with textile industry as it faces challenge form an unusual quarter of cheap products mainly imported. Indian readymade garment exporters are having a tough time fighting for their pie in the market. It is hard time they realise that they need to rely not just on strengths but at the same time to overcome their weaknesses as well.
Indian government too is playing its part by letting loose regulations on investments by foreign companies in this market. Apparel exporters from India are finally getting good assistance in the form of expansion of the infrastructure and incentives for upgrading the machinery. Strict labour laws are often the centre of concern for many industries and garment industry is no different. Technological advancement, enhanced productivity, and assured quality are some of the core areas to be thought over of in any government policy adopted.