Authors : Kamini Pawar

Volume/Issue : MMK:ACE-2023

Google Scholar : http://tinyurl.com/3pdbyp6a

Scribd : http://tinyurl.com/d7zzmc4h

DOI : https://doi.org/10.5281/zenodo.10478411

Abstract : The textile business in India is intricate and multifaceted. Currently, it contributes significantly, making up 2% of GDP. Manufacturing involves several steps, including the creation of fiber, spinning, knitting, weaving, dying, and finishing. Power loom units prospered extremely quickly due to circumstances such as wars, mill failures, and handloom reservations. Due to the high degree of adaptability that the power-loom industry possesses, shifting market conditions present both plenty of chances and difficulties. Some of the major problems include fluctuations in yarn prices, the difference in electricity prices, anti-dumping duties, and affecting India's exports, etc. The study focuses on the various issues this industry faces and also looks for specific regulations passed by the government in the areas of technology, economics, and the environment. The potential and difficulties faced by entrepreneurs in the power-loom industry's sustainable development are highlighted in this paper.

Keywords : Sustainability, Power, Opportunities, challenges.