Implying that success will rest on improvements in quality, price, delivery schedules, and marketing skills, India needs to improve its infrastructure, eliminate inefficiencies in its power sector, increase efficiency in customs procedures, and introduce higher flexibility in the labor market so that the country can set up mega production plants similar to those in China.
It also enlists foreign investments, technological upgradation, boosting cotton technology, shifting and upgrading manmade fibres sector, and finally removing all infrastructural anomalies to ensure Indian textiles pick major share in the gloabl textile exports market.
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International Monetary Fund
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