Exploring the Impact of Government Policies on the Financial Performance Of Textile Industries In India

Abstract

The Indian textile industry holds a pivotal position in the country's economy, serving as a cornerstone of industrial growth, employment generation, and export revenue. With a rich heritage dating back centuries, this sector has evolved into a multifaceted landscape encompassing traditional handloom clusters, modern manufacturing facilities, and dynamic export markets. Against the backdrop of rapid globalization, technological advancements, and shifting consumer preferences, the Indian textile industry faces both unprecedented opportunities and formidable challenges.