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The Indian Textile and Clothing Industry - An Economic Analysis (Paperback, 2015 ed.)
Loot Price: R1,677
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The Indian Textile and Clothing Industry - An Economic Analysis (Paperback, 2015 ed.)
Series: SpringerBriefs in Economics
Expected to ship within 10 - 15 working days
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This book examines the textile and clothing Industry of India and
its trade scenario from a global perspective. New developments in
international policies related to trade and investment and falling
barriers to trade worldwide as well as within individual regional
communities have transformed the structure of production and global
competition in the textile and apparel industries across the world.
Furthermore, with the incorporation of textile trade in the GATT
framework following the removal of quantitative restrictions, and
the subsequent liberalization of investment opportunities, the
Indian market is now home to several international brands, which
has led to the present upsurge of FDI in this very important sector
of the Indian economy. The book closely examines the nature and
impact of such external changes on the industry's structure and
labour-related issues. The key feature of this book is that it
presents a snapshot of all the domestic and international policies
related to this sector, from the earliest relevant period to the
present, and analyses the topical issues in significant detail. The
book also offers some empirical analyses to show the impact of
external changes on the concentration of firms in this industry and
the regional inequalities that have emerged from regional
variations in firms' employment, labour-income and profit levels.
Further, it addresses another striking feature, namely the role of
preferential trading blocs or Regional Trading Arrangements (RTA)
in creating trade-diverting effects related to this sector apart
from the implications of foreign collaborations and cross-border
mergers and acquisitions. Many economists fear that the benefits of
these RTAs for the partner countries are much greater than those
for India, with net gains of incremental exports from India being
small or even negative. This book discusses these critical issues
in the context of India's textile and apparel trade.
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