Examine the major challenges hindering the Indian textile industry from achieving its full potential in the global value chain.
Main Body
The Budget 2025 expanded the National Textile Parks to wider inclusion of states along with other schemes to address the Technology fatigue. CPM Muniratnam Singh Former Major Challenges: 1. Lack of integration of small and medium enterprises into value chain 2. Crop productivity is stagnant at 350-255 kg/ha cotton for cotton (graph showing: IND USA China - production levels at 1760, 950, 350 respectively) 3. Over-reliance on short to medium stage - 79% medium-short staple cotton 4. Changing priority - Demand for man-made fibre in global market level HMF - Graph showing HMF production
5. Lack of Technology Adaptation: - Lack of competitiveness → Lack of value addition → Reduced exports 6. Fragmented supply chain: - Leading to down competitiveness growing less 7. Competition from Vietnam and Bangladesh: - Weaving sector - Lax labour codes - WTO exemptions 8. Lack of Cluster-based development: - Poor value chain missing WAY FORWARD: (1) Textile Parks - Integrated value chain - Export hubs (2) Technology Upgradation - SPUTRI scheme (3) Skill Development - SAMARTH scheme Budget 2025 launched increased cotton productivity mission, all with other will achieve value chain integration.
— KIRAN KAMATE · AIR 53
Diagram
Flow diagram showing WAY FORWARD with three branches: Textile Parks (integrated value chain, export hubs), Technology Upgradation (SPUTRI scheme), and Skill Development (SAMARTH scheme)
KIRAN KAMATE
Agriculture and Food Security
Cropping pattern and irrigation
Indian Textile Industry
187
Total words
1
Paragraphs