The recession and the textile industry This is a guest post for Mr.S K G Rao through an IndiForum activity where blogger can guest blog on other blogs. The recession seems to have hit the Textile Industry quite hard. There has been a huge talk about lay offs in the past few months mainly in India and China. However, when I really think about it the news is not as scary as the newspapers say. Let me explain. Especially in India, the textile industry is the second largest job provider next to Agriculture. If you see it that way you know that the largest industries are the ones that will show a lot more suffering and lost due to the mass. However, clothing is a basic and essential part of every human being’s life these days. It is not exactly like the dark ages you know. And recession or no recession people will always buy basic necessities like food, clothing, medicines, etc. So why doest’t the clothing industry pick up? You see, it is also important to know that, during tough economic conditions such as being portrayed right now it is also necessary to find ways to produce at lesser costs and hence ultimately reduce the burden on the consumers. This has to be a continuous process right from picking the cotton to the middle men to the manufacturers to the retails. There are quite a few examples on the Internet and from entrepreneurs around you who can tell how they got to be bigger than what they started with during tough times. Because they would have found ways to innovate and help through the tough times by easing the burden on the consumers. I am sure there are entrepreneurs around you who have already thought of ways to do so. I do hope so. My Guest[A Non Textile Blogger,is from IT. View his Blogs: http://anw.in/ http://awesomefotos.com/
Saturday, May 2, 2009
[ Mr.Anwin Joselyn.- Guest Blogger. ].
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