Browsing: Interviews & Opinions

India’s textile sector is under stress with 2019 turning out to be a challenging year. The country’s exports of textile and apparel declined by 4.3 per cent to $22 billion in the first seven months of FY2020 (April-November). While cotton yarn was a major casualty with 37 per cent decline (whereby exports to China alone halved), growth of apparel exports continued to be anemic.

Henry Fayol is a French Mining Engineer, who developed the concept of general theory of administration and given 14 principles of management. On the other hand, F.W.

The major technological advancements associated with the First Industrial Revolution – that lasted from the mid-18th century to about 1830 – were concerned with textile manufacturing, especially spinning. John Kay’s invention of flying shuttle, which enabled wider cloth to be woven faster, in 1767 marked the beginning of modernisation (or automation) in the textile industry.

Talks of bad times are spreading fast, sometime even on a global scale. No country is spared. But time and again global economy has come out of the blues, and some countries’ fortunes have even brightened up. Why not India’s, this time? One of the opportunities for the textile industry is the technical textiles.