Strengths and Weaknesses of Indian textile Industry

Textile is a vast sector that works for and with the nation. In a country like India where much of employment needs are fulfilled through textile companies along with economic stability too, it gets really very important to keep a track of its strength and weaknesses so as to ensure ongoing development and growth.

Strengths:

1. Raw material like resources is available in abundance in Indian textile industry. Silk, viscose and polyesters are common fibers that are easily accessible here. Alongside largest production of cotton in the world makes the country even more appreciable.
   
2. As mentioned before, the country works with the nation, India is extensively rich in skilled professionals and designers who develop great designs at reasonable rates in comparison to other countries. Labor rates a lower which automatically reduces the capital requirements and improved results and subsequent profits.
3. Spinning sector of the country is much advanced and contributes to the value chain processes.
4. Garment industry of India is also very much diverse in terms of quality, manufacturing, output qualities, fabric requirements etc. Supplies from both international and domestic markets are included.
   

Weakness:

1. Small scale companies are the leaders of Indian textile industry and all the processes are implemented with the view of helping the same. Technical advancement is not very sound with them because of the insufficient resources to support. This results in loss of productivity.
2. Indian labor is quite unfavorable and traders need reformation for them in India.
3. Indian outlook towards textile market is very much optimistic. Future prospects explain impressive growth rate in the Indian textile industry.
   

Home furnishing industry dwells on unsteady trends

Fashion has been an endlessly growing industry in recent years. Somehow, it can be said that the entire world is handcuffed under its control which has simultaneously resulting in improving the use of machines and equipments based on variety of technologies. Almost every country today is developing itself on technical ground so that it can serve the purpose and expectations of its countrymen. Fashion and textile industry are aligned with one another. We cannot leave clothing and home furnishing aside too for all comes under one roof that is textile. While dealing with this industry, home furnishing manufactures have to be careful about the likes and dislikes of customers.

Development and success of latest range of products depends on what the customers wish to use and wear. To learn the market scenario, fresh talent is needed and efforts of young generation are encouraged to as to change the trends of the industry. Aid is being provided to improve the educational level too in the same field. Fashion design software’s are available that can help designers in improving their working style and performance. Improvement in patterns and textures depends on the tools being used mixed with colors and variety of designs.