Sustenance of Indian apparel manufacturing industry in post MFA period - a strategic analysis Online publication date: Thu, 07-Jul-2016
by V.G. Venkatesh; Ratna Paluri; Sonali Bhattacharya
International Journal of Process Management and Benchmarking (IJPMB), Vol. 6, No. 3, 2016
Abstract: India is a leading apparel manufacturing hub by virtue of its traditional involvement in the textile and clothing business. After the phase out of the multi-fibre arrangement (MFA) in 2005, the business dynamics have changed. There is a mixed response to this. It is imperative to study the behaviour in detail. The trend in the industry shows that domestic business is moving up. It is evident that SMEs are facing challenging times and to the closure of their companies too. Various factors contribute to the sustenance. The present study will elucidate those factors in detail and an interpretive structural modelling (ISM) is proposed followed by an MICMAC analysis. The study gives a key input to industry associations to draw out a roadmap for revitalising the apparel manufacturing units.
Online publication date: Thu, 07-Jul-2016
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