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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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