Cost Competitiveness of Textile Industry of Punjab: Analysis and Findings

Textile industry in Punjab is making significant contribution to the State's economy and to the national foreign exchange earnings. With dismantling of the quota system in January 2005, the structure of worldwide trade in textiles also marked a significant turnaround after this period, as all the textile and clothing products can be traded globally without quota-restrictions. In order to face new challenges and opportunities by the Textile Industry in India, efforts are being made to sharpen the competitive edge. The Paper aims at studying the cost competitiveness of textile industry in Punjab. The study provides comprehensive analysis of the primary data collected by questionnaires from various stakeholders, conducted during the research.