—the Indian textile industry has an awesome
existence in the Indian economy. It is second largest employer
after Agriculture in India. It is one of the largest in the world
with a massive raw material and textiles manufacturing base.
Currently, it contributes about 14 percent to industrial
production, 4 percent to the GDP, and 17 percent to the
country's export earnings. Around 35 million people are directly
employed in the textile manufacturing activities. Indirect
employment including the manpower engaged in agricultural
based raw-material production like cotton and related trade and
handling could be stated to be around another 60 million. The
India Textile Industry has three main segments mill sector,
handloom sector and decentralised powerloom sector. This
paper analyses the functioning and the problems of powerloom
—Indian Textile Industry, Powerloom Industry.
Arif Anjum is a PhD student at Research Centre in Commerce, M.S.G.
Arts Science & Commerce College, Malegaon Dist. Nasik M.S. India
(affiliated to University of Pune, Pune). He is also editor of many national
and international journals. He obtained his Masters Degree in Commerce
and in Economics also. He is also AWARDEE of junior Research Fellow
(JRF) from UGC, Govt. of India. (email@example.com).
D. V. Thakor is Associate Professor and Head of Dept. of Commerce at
M.S.G. Arts Science & Commerce College, Malegaon Dist. Nasik M.S.
India (affiliated to University of Pune, Pune) His research area is Business
Practices and Marketing.
Cite:Arif Anjum and D. V. Thakor, "An Analytical Study of the Functioning and the Problems of the Powerloom Industry in Maharashtra with Special Reference to Malegaon Dist. Nashik," International Journal of Trade, Economics and Finance vol.2, no.3, pp. 194-199, 2011.