... not required the robust build-up in physical activity that textile trade requires. India's industrial sectors have grown at a modest rate in the 1990s, although at a slower pace compared to the previous decade. In contrast, its services and information-based industries have grown at such a fast pace as to become the dominant sector in GDP growth and it appears this trend is likely to continue. Clothing and textiles, unfortunately, falls within the industrial category and even without the expiration of the ATC, its domestic producers face tough times ahead. This report tries to analyze the textile industry in detail, starting from its ancient and established roots more than 5000 years ago until present times. We assess the current situation and present the country's business structure, major competitors, as well as current changes and challenges. A SWOT analysis of the industry coupled with an understanding of the implications of the ...

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