Understanding the Decline of India's Textile Industry: Challenges and Opportunities
10.01.2025The Indian textile industry, once a global leader, is witnessing a decline due to various challenges. From international competition and outdated technology to environmental concerns and policy hurdles, multiple factors contribute to this downward trend. This article delves into the root causes, explores potential solutions, and offers insights to revitalize the sector. We discuss historical perspectives, current challenges, economic impact, and future prospects.