Powerloom Industry in Solapur: Challenges and Barriers in Growth

Powerloom industry occupies a unique place in Indian economy. One of the earliest to come into existence in India, it accounts for 14% of the total industrial production. Extremely complex structure of entire Indian textile industry has the modern sophisticated and highly mechanized sector on the one hand and the hand weaving (Handloom) and hand spinning sector on the other. In between these sectors falls the decentralized small and medium scale powerloom sector. Now a days due the liberalization and globalization powerloom industry, particularly of Solapur is facing several challenges and barriers in growth. Through this article author has highlighted the major challenges being faced by powerloom industry in Solapur and the barriers in its growth and improvement.