What are the major drawbacks for the cotton textile industry?
Answer:
Major drawbacks:
- India has a large share in the world trade of cotton yarn but its trade in readymade garments is only 4 per cent of the world’s total.
- India’s spinning mills are competitive at the global level and capable of using all the fibres produced.
- But the weaving, knitting and processing units cannot use much of the high quality yarn that is produced in the country.
- There are some large and modern factories in these segments, but most of the productions
are in fragmented smalt units, which cater to the local market.This mismatch is a major drawback for the industry. As a result, many Indian spinners export cotton yarn while garment manufacturers have to import fabric.