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Case Study
Project
Total Marks:
100
Elective
- Export and Import Management
The clothing industry in India dwells an important pace in the
economy of the country and supplies substantially to earnings of export. The
clothing industry is a second largest provider of employment in India after
agriculture. Clothing makes up around 17% of entire exports. It is also a
matter of pride for the clothing export industry as the highest net earner for
foreign exchange for developing countries. The developments which takes place
in international trade with the new formation of blocks of trading and the
reduction of Multi-Fiber Arrangement within a decade the clothing industry will
have to adapt itself so that the prominent position that it has in Indian
economy continues to be maintained .
What are your views on maintaining the export trend of Indian
textile Industry for the next decade?
Answer: The clothing industry in India dwells an
important place in the economy of the country and supplies substantially to
earnings of export. The clothing industry is the second largest provider of
employment in India after agriculture. Clothing makes up around 17% of entire
exports.
Importance of clothing export industry in India
It is also a
matter of pride for the clothing export industry as the highest net earner for
foreign exchange for developing countries (Rudolf M, 2011; Goyal S K, Hashim S
R, Murthy M R and Ranganathan K V K, 2009). The clothing industry also offers
straight employment to almost 36 billion employees considering a significant
amount from the socially excluded class people. The developments which takes
place in international trade with the new formation of
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