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Swot Analysis Oh Indian Textile IndustrySWOT analysis of the Indian textiles industry:

We now do a SWOT analysis of the Indian textile industry keeping in mind the global changes that havetaken place in the post quota regime.

STRENGTHS-1. Abundant raw material2. Low cost skilled labour3. Presence across the value chain4. Growing domestic market5. Strong backward integration6. Third largest cotton producer as well a the largest area under cultivation7. Increasing presence across entire value chain

8. Cheap and skilled manpower9. Sharp reduction in borrowing costs10. Recent government efforts to promote the industry.11. Truly vertically integrated from raw material to finished products.12. Steadily diversified its raw material base to include man-made fibres such asPolyester, viscose, acrylic, polypropylene etc. as well as other natural fibres13. Flexible in terms of production quantity and lead time.

WEAKNESS:

1. Fragmented industry2. Effect of historical govt policies3. Lower productivity and cost competitiveness4. Tech obsolescence. Quality is not consistent5. Caters mainly to the low-end class.6. Low level of training.7. The export-import policy of India changes too frequently due to which it becomes very difficult forimporters to import goods.8. Delay in delivering the goods at the right time.9. Lack of economies of scale and advance processing capabilities.

Page 1 of 3Swot Analysis Oh Indian Textile Industry - College Essay - Dpakgarg85

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OPPORTUNITIES:1. Huge demand for value added goods in all major countries.2. Relocation from high cost economies.3. Large and relatively untapped domestic market4. Large Indian Expatriate community. Hence there is large demand for IndianGarments.5. Rate of import duties is minimal.

6. Bilateral Agreements on Avoidance of Double Taxation and Prevention of Fiscal Evasion withrespect to taxes on income and capital have further opened theOpportunity for higher export for the garment sector.7. Extensive commercial interactions have greatly helped in laying the foundation for...Read Full EssayAlready a Member? Login Now This essay and over 250,000 other essays are available now on OPPapers.com.Submitted by: dpakgarg85Date Submitted: 08/19/2010 06:16 AMCategory: Politics and GovernmentLength: 7 pages (1,619 words)

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30/10/2010http://www oppapers com/essays/Swot-Analysis-Oh-Indian-Textile-Industry/382770?topic