Growth Prospects For India's Cotton And Textile Industries
by Departm Economic Research Service (ers)
2021-01-10 11:11:08
Growth Prospects For India's Cotton And Textile Industries
by Departm Economic Research Service (ers)
2021-01-10 11:11:08
India's prospects are changing now that the Multifiber Arrangement (MFA) no longer governs world textile trade. Decades of industrial policies that were both inward-oriented and biased toward small-scale production continue to influence India's texti...
Read more
India's prospects are changing now that the Multifiber Arrangement (MFA) no longer governs world textile trade. Decades of industrial policies that were both inward-oriented and biased toward small-scale production continue to influence India's textile trade prospects. While the recent introduction of genetically-modified (Bt) cotton has revitalized prospects for cotton production, quality issues are likely to hamper Indian cotton sales until the structure of India's cotton marketing system changes significantly.
Less
