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Productivity and Export Growth of Textile Industry in Northern India: A Study of Haryana State
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The present study analyses the growth of the textile industry in Haryana for a decade (2008-09 to 2017-18). The study is based on secondary data and using quantitative analysis considering cotton production, area, and export of handloom, handicraft, and raw cotton as variables. To support the data analysis, correlation, regression, CAGR, and trend analysis have been applied. A positive correlation (0.68) was observed between area and production. Production and productivity of cotton both are increasing with a CAGR of 7% over 10 years of study period except 2015-16 when they are decreasing by 37% due to the whitefly pest attack and leaf curl virus in Haryana. Export data of handloom, handicraft, and raw cotton is showing a positive linear trend.
Keywords
Indian Economy, Textile Industry Of Haryana, Export, Increasing Growth, Production
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