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Vision to develop a Strong & Vibrant Handloom Sector

Start Date :
Mar 03, 2020
Last Date :
Jun 03, 2020
23:45 PM IST (GMT +5.30 Hrs)
The O/o Development Commissioner (Handlooms), Ministry of Textiles, Government of India (GoI), is working for development of Handloom Sector with a vision to develop a strong, ...
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Bisathi Bharath
6 years 4 months ago
There is a need to work on challenges in the form of outdated technology, inflexible labour laws and infrastructure bottlenecks. The government also needs to re-look at fibre neutrality and evaluate various trade agreement opportunities.
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Bisathi Bharath
6 years 4 months ago
The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.
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Bisathi Bharath
6 years 4 months ago
The government is taking very seriously the impact of Indian exporters being disadvantaged in foreign markets. India will still need to carefully weigh the benefits and costs of negotiating new free trade agreements. But in this calculus, the impact on export- and job-creating sectors such as apparel, compared to other sectors that do not share these characteristics (luxury cars, for example), will receive high priority.
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Bisathi Bharath
6 years 4 months ago
The world demand is increasingly shifting toward clothing based on man-made fibres while Indian domestic tax policy favours cotton-based production and the tariff policy shields an inefficient man-made fibre sector. These factors undermine the clothing industry’s competitiveness.
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Bisathi Bharath
6 years 4 months ago
The problems are well-known:
Regulations on minimum overtime pay
Onerous contributions that become de facto taxes for low paid workers
Lack of flexibility in part-time work
High minimum wages in some cases
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Bisathi Bharath
6 years 4 months ago
Labour costs, which is perhaps one of India’s only source of comparative advantage in this sector, also seems not to work in India’s favour.
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Bisathi Bharath
6 years 4 months ago
Further, few large containers come to Indian ports to take cargo. So all exports have to be trans-shipped through Colombo, which adds to travel costs and hence reduces the flexibility for manufacturers.
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Bisathi Bharath
6 years 4 months ago
The costs and time involved in getting goods from factory to destination are greater than those for other countries.
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Bisathi Bharath
6 years 4 months ago
On logistics, India is handicapped relative to competitors in a number of ways.
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Bisathi Bharath
6 years 4 months ago
WEAK TEXTILE SECTOR IN INDIA REASONS
India’s competitors enjoy better market access by way of zero or lower tariffs to the two major importing markets, namely the US and Europe.
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