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.
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.
