INDUSTRY PROFILE The Indian textile industry is one the largest and oldest sectors in the country and among the most important in the economy in terms of output‚ investment and employment. The sector employs nearly 35 million people and after agriculture‚ is the second-highest employer in the country. Its importance is underlined by the fact that it accounts for around 4% of Gross Domestic Product‚ 14% of industrial production‚ 9% of excise collections‚ 18% of employment in the industrial sector
Premium Textile Yarn Cotton
Ministry of Textiles (International Trade Section) *** Sub: Note on Textiles & Clothing Exports of India. 1. Introduction India’s textiles and clothing industry is one of the mainstays of the national economy. It is also one of the largest contributing sectors of India’s exports worldwide. The report of the Working Group constituted by the Planning Commission on boosting India’s manufacturing exports during 12th Five Year Plan (2012-17)‚ envisages India’s exports of Textiles and Clothing
Premium International trade Textile Silk
Free trade is an non restrictive way of doing business between countries. Countries begin interacting with each other and sharing goods or ideas. Although some governments may decide to create policies to protect local jobs or to sell more goods being made from the country. Countries can also create free trade agreements with other countries like NAFTA. Which is the North American free trade agreement. NAFTA was put in place to take away trade barriers that used to be between The United States‚ Canada
Premium International trade United States Economics
Forming a free trade agreement between countries is believed to have brought some negative impacts towards both countries’ in employment and growth. One of the objections to Country A signing a free trade agreement with Country B is that free trade may give a negative impact on jobs. Most free trade agreements give false promises‚ claiming that it creates jobs and raise incomes. However‚ the problem with this claim is that it misrepresents the real effects of trade on the economy. Trade‚ in fact‚
Premium International trade
Case For Pakistan-USA Free Trade Agreement Majyd Aziz Preamble: Pakistan and the United States of America are strong trade and investment partners and whatever market access is available to Pakistani exporters is reflective of the importance that USA holds for Pakistani goods‚ especially textiles. However‚ for various economic‚ political‚ military‚ and social reasons‚ there has seldom been a solid support for allowing liberal market access to Pakistan. So much so‚ the much-touted initiative
Premium International trade Pakistan United States
GARMENTS INDUSTRY IN BANGLADESH [pic] London School of Commerce Submitted to Mr. Malcom Bennison Submitted by Syed Shafiqur Rahman ID: l0680baba0210 25 December 2012 Letter of Transmittal 31 December 2012 Mr. Malcom Bennison Faculty of Business Studies London School of Commerce Sub: A dissertation on Job Satisfaction in the Garments Industry in Bangladesh.
Premium Job satisfaction Recruitment
direct and perceivable form. In that sense‚ the exploitation was honest as the exploiter directly came to another territories and bore the responsibility for exploitation. Also there was a clear line between the exploiter and exploited. But after the outcry in the name of democracy and human rights all over the world and specially in the western countries‚ the colonialism came out in a much more evolved and concealed way. Due to developed trade channels and the ease of transport and communication the
Premium Rwanda Rwandan Genocide United Nations
Introduction The Association of South East Asian Nations (ASEAN) was formed by Indonesia‚ Malaysia‚ Philippines‚ Thailand and Singapore in 1967. In 1980s‚ Brunei decided to join the organization‚ making it become well known as the ASEAN-6. Following Brunei‚ in 1990s‚ Cambodia‚ Laos‚ Myanmar and Vietnam (CMLV) also joined the bloc (Chia‚ 2004). In 1992‚ a free trade agreement‚ namely ASEAN Free Trade Area (AFTA) was introduced. According to the agreement‚ tariffs are reduced to zero percent by
Premium International trade Economic integration World Trade Organization
Bangladesh: In Search of Solution of Unrest in Garments Industry Introduction : Bangladesh is an underdeveloped country. Country’s major industry and its main foreign exchange earner sector is Ready Made Garments (RMG) industry. It accounted for about 80% of the total share of exports and earned $12.7 billion in 2008-09. This was about 14 % of the country’s GDP. Since 2006 Bangladesh is suffering from The industry owners and political leaders initially tried to sweep the grievance s of labour
Premium Minimum wage Wage Labour relations
force is the global economy for almost 100 yrs‚ having superseded the original industrial leader early in the 20. Century. Europe as a region is the world’s biggest trading area and primary focus of FDI. Without any doubt‚ the most significant global shift in the geography of the world economy during the past 40yrs has been the resurgence of Asia. ( The rise of Japan after WWII‚ The rapid growth of what come to be called the four tigers-Hong Kong‚ Korea‚ Singapore‚ Taiwan‚ The re-emergence of China and
Premium Asia Economics Economies