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EXPORT COMPETITIVENESS AND THE MARKET FOR TEXTILES

EXPORT COMPETITIVENESS AND THE MARKET FOR TEXTILES 2025

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The document titled 'EXPORT COMPETITIVENESS AND THE MARKET FOR TEXTILES' by Vijaya Ramachandran provides an in-depth analysis of India's textile and apparel industry, focusing on its production structure, export performance, and competitive challenges. It highlights the growth of garment exports, particularly in cotton-based products, while noting a stagnation in market share since 1994. The report discusses the impact of global market dynamics, including the Multi Fibre Agreement (MFA) and the shift towards lower-cost production countries like China. It emphasizes the need for India to restructure its textile sector to enhance competitiveness through quality improvement and diversification into higher-value products. The document also outlines policy implications for fostering investment and modernization within the industry.

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Click ‘Get Form’ to open the EXPORT COMPETITIVENESS AND THE MARKET FOR TEXTILES document in the editor.
Begin with Section I, which outlines textile production in India. Fill in any required fields regarding garment exports and their growth rates based on the data provided.
Proceed to Section II, focusing on apparel exports. Here, you can input information related to global market trends and your specific export strategies.
In Section III, analyze recent changes in both India and China’s textile industries. Use this section to compare competitive advantages and fill out any relevant fields.
Finally, review Section IV for policy implications. Ensure that all necessary insights about economic reforms and their impact on the textile sector are accurately captured.

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What are the determinants of export competitiveness?

Findings-The key determinants identified are labour and capital productivity, labour costs, exchange and real effective exchange rate (REER), domestic gross domestic product (GDP), trade liberalization and barriers.

What is the value of textile export?

Indias share of global trade in textiles and apparel stands at 3.9%. Ready Made Garments (RMG) with export of $ 8,733 Mn has the largest share (41%) in the total exports ($ 21,358 Mn) followed by Cotton Textiles (33%, $ 7,082 Mn), Man- Made Textiles (15%, $ 3,105 Mn) during the period of April-October of FY 2024-25.

What makes exports competitive?

The elimination of barriers to entry and rivalry, and a level playing field in upstream sectors contributes to export competitiveness in downstream manufacturing sectors. In some sectors, effective competition policy can directly lower trade costs.

What are the factors of export competitiveness?

The competitiveness of a countrys exports depends on a number of factors including relative prices, the dynamism of export markets, and non-price.

Which country is the biggest exporter of textiles?

List of countries by textile exports CountryValue in 2022 China 303 desh 57.7 Vietnam 48.8 India 41.126 more rows

What are the major determinants of competitiveness?

Thompson (1961) on the other hand identified five main determinants of competitiveness: access to markets, location relative to raw materials, transportation costs, availability and cost of energy resources, and labor costs.

What makes exports more competitive?

When it depreciates, production costs for domestic firms fall relative to those of foreign competitors, making the countrys exports more competitive in foreign markets. Conversely, when it appreciates, exports become less competitive and tend to contract.

What are the factors that influence export?

Government policies and trade regulations, when supportive, boost the export sector through incentives and reduced barriers. The efficiency of infrastructure and logistics impacts cost and speed of exports, while political stability is vital to foster a favorable business environment.