Title: Pradhan

Essay Details

Subject: Technology
Author: Joan T
Date: April 19, 2011
Level: University
Grade: A
Length: 13 / 3696
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Thus, the growth and all round development of this industry has a direct bearing on the improvement of the economy of the nation. Due to policy measures initiated by the Government in the recent past, the Indian textiles industry is in a stronger position than it was in the last six decades. The industry which was growing at 3-4 percent during the last six decades has now accelerated to an annual growth rate of 16 percent in value terms and will reach a level of US $ 115 billion (exports US $ 55 billion; domestic market US $ 60 billion) by 2012, from US$ 52 billion in 2007-08...

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A strong foundation for industry has been laid on which world class-manufacturing units can realize their full potential and make a mark in the international economy. The growth manifests through a consistent increase in production of fabric, per capita availability of cloth and investments. During 2007-08, the total production of fabric was 57 billion sq mtrs, compared to 53 billion sq mtrs in 2006-07 and 50 billion sq mtrs in 2005-06...

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