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Major Problems Faced by Power-loom Industry and Their Probable Solutions

Author(s):

Ansari Aadil Iqbal , Veermata Jijabai Technological Institute

Keywords:

Agricultural, Textile Industry, Decentralized Power Looms, Knitting

Abstract

India is an agricultural country which is the largest provider of employment. After agriculture comes the textile industry which is the second largest provider of employment in India. It employs around 25 million workers all over India as per the 2015 annual report released by the Textile Industry. Decentralized power looms and knitting constitute the largest components of textile in India, contributing to 2% of country's overall GDP. In Maharashtra there are about 1.1 million power looms which is one of the largest power loom hubs in the country. Power loom is the largest industry in Malegaon, directly employing more than 20% of Malegaon's 3,86,000. Malegaon has about total 4 lakhs looms. The Indian textile industry is challenged by falling exports, low productivity and rising prices, India Spend reported in July 2016.

Other Details

Paper ID: IJSRDV6I60040
Published in: Volume : 6, Issue : 6
Publication Date: 01/09/2018
Page(s): 150-153

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