Related Keywords: dysfunctional units, textile sector
Indian state Punjab and Haryana facing major challenges in the textile sector which has arise due to non-functioning of many textile factories, causing job loss, primarily due to low productivity, lack of foreign investments and labour issues during 2000-01 and 2010-11, according to a study conducted by the Associated Chambers of Commerce and Industry of India (Assocham).
Clocking a compounded annual growth rate (CAGR) of about 35 per cent, the number of non-operating textiles units in Punjab grew from 11 to 227 units between 2000-01 and 2010-11, said a study
