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India Aims At Global Role In Textiles

INDIA AIMS AT GLOBAL ROLE IN TEXTILESWith the ambitious theme Roadmap to Global Supremacy, the Textile Association of India is staging its 57th annual textile conference in the city of Chandigarh on Nov. 24-25. The venue is at the heart of the Northern Indian textile industry.Conference organizer Dr. Sanjay Gupta, of the National Institute of Fashion Technology in New Delhi, said the event would focus on the Indian industrys strengths -- including its vast fiber base, abundant and low-cost skilled labor force, large and diversified textile infrastructure, huge (and growing) domestic market, and manufacturing flexibility.But among competitive weaknesses also being pinpointed were the "considerable lag in production technology," slow pace of modernization, shortage of capital, lack of indigenous research and development, low productivity, inadequate training, and over dependence on cotton. "The elimination of quotas by Jan. 1, 2005, is further likely to generate intense worldwide competition, both in India and abroad," Dr Gupta says. "An integrated strategy to increase the competitive strengths and remove the competitive weaknesses is an essential part, therefore, of any game plan to attain global supremacy."November 2001




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