Indian Clothing: Its Evolution and Development

Shweta Uttam, Vimal Srivastava, Rajni, Ila Sharma and Rahul Dhiman
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Shweta Uttam: Dr. APJ Abdul Kalam University
Vimal Srivastava: Mahindra and Mahindra Ltd.
Rajni: Bikaner Technical University
Ila Sharma: Indira Institute of Business Management
Rahul Dhiman: Dr. Y S Parmar University of Horticulture and Forestry

A chapter in The Garment Economy, 2023, pp 51-61 from Springer

Abstract: Abstract The objective of this chapter is to synthesise the available literature on the subject field to present how the Indian textile industry has evolved over the years, being one of the oldest industries that India ever had. This purpose is achieved by reviewing the available literature on the problem area across multiple factors, such as numerous clothing agreements, and combining data on the Indian clothing industry and its significance in economic development. We have also tried to demonstrate how the Indian clothing industry has been able to tap into several international markets. The analysis shows that India’s clothing industry is one of the country’s historic manufacturing businesses and that it has benefited from various reforms and agreements such as the Multi Fiber Agreement (MFA), Agreement on Textile and Clothing (ATC), and New Textile Policy (NTP). In highly competitive worldwide marketplaces, the clothing industry has managed to sustain itself. Further, to eliminate seasonal and demand swings, we recommend that the clothing industry should concentrate on increasing labour and capital productivity trends. This chapter offers comprehensive insights into the Indian garments economy and adds value to the existing body of knowledge.

Keywords: Clothing business; Economic development; Direction of apparel exports (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-031-33302-6_4

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DOI: 10.1007/978-3-031-33302-6_4

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