Asia-pacific Journal of Law, Politics and Administration
Volume 2, No. 2, 2018, pp 107-112 | ||
Abstract |
India’s Textile and Apparel Sector in the Global Value Chain
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In light of the importance of textile and apparel sector in India’s economy, we analyze the competitiveness of India’s textile and apparel sector in the Global Value Chain. Under the economic globalization, Global Value Chain system has emerged even in the textile and apparel sector. Global companies now can source textile and apparels at any amount from any countries, in the phase out of MFA system. In this sense, India’s competitiveness of textile and apparels in the global market is examined on the basis of the global purchaser’s buying standards, such as firm and country specific, by comparing India with its competitors in the GVC system, Bangladesh, Vietnam and Indonesia.