Growth Prospects for India’s Cotton and Textile Industries
Maurice Landes,
Stephen MacDonald,
Santosh K. Singh and
Thomas Vollrath
No 409029, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service
Abstract:
Demand for cotton and manmade fibers in India will likely strengthen in response to rising consumer demand in India and increased exports of textiles and apparel following the removal of the Multifiber Arrangement quotas. The pace of growth in cotton demand will hinge on execution of reforms to policies, including taxes that discriminate against the use of manmade fibers and regulations affecting the scale, technology use, and export competitiveness of the textile and apparel industries. Imports of raw cotton have increased in concert with rising demand in recent years, but future growth will depend on the extent to which India can boost chronically low cotton yields and improve cotton quality.
Keywords: Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; Industrial Organization; International Relations/Trade; Labor and Human Capital; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 44
Date: 2005-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:409029
DOI: 10.22004/ag.econ.409029
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