India is the world’s third largest producer of cotton and second largest producer of cotton yarns and textiles. The Industry was de-licensed in 1991-92 and it lead to various structural changes in this industry. This study aims to compare the performance (in terms of return on capital employed) of firms incorporated before liberalization and firms incorporated after liberalization in Indian cotton textile industry. This study also intended to study the impact of marketing expenses, wages & salary and Age on explaining the variances in the firm performance (in terms of net sales of the firms) across various groups of the firms.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Introduction: Overview of the Indian Cotton Textile Industry
- Indian textile industry and Governmental Policy
- Current Scenario of the Industry
- Indian Cotton Textile Industry and Vision 2010
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This study aims to compare the performance (in terms of return on capital employed) of firms in the Indian cotton textile industry, differentiating between those incorporated before and after liberalization in 1991-92. It also investigates the impact of marketing expenses, wages & salaries, and firm age on explaining variations in firm performance (net sales).
- Performance comparison of firms in the Indian cotton textile industry before and after liberalization.
- Impact of marketing expenses on firm performance.
- Influence of wages and salaries on firm performance.
- Effect of firm age on firm performance.
- The role of government policy in shaping the Indian cotton textile industry.
Zusammenfassung der Kapitel (Chapter Summaries)
Abstract: Briefly introduces the study's objectives: comparing firm performance before and after liberalization and analyzing the impact of marketing expenses, wages & salaries, and age on firm performance in the Indian cotton textile industry.
Introduction: Overview of the Indian Cotton Textile Industry: Provides an overview of the Indian cotton textile industry's significance to the Indian economy, its global standing, and its employment generation. It discusses the impact of government policies, particularly the de-licensing in 1991-92 and the Textile Policy of 2000, on the industry's growth and development. The chapter also explores the current scenario of the industry post-MFA and the competitive landscape.
Schlüsselwörter (Keywords)
Indian cotton textile industry, firm performance, return on capital employed, marketing expenses, wages & salaries, firm age, liberalization, government policy, MFA, global competitiveness.
Frequently Asked Questions
How did liberalization affect the Indian cotton textile industry?
Liberalization in 1991-92 led to structural changes, de-licensing, and increased global competitiveness, allowing the industry to expand significantly.
What is the significance of the Return on Capital Employed (ROCE) in this study?
ROCE is used as a primary metric to compare the financial performance of firms established before and after the 1991-92 reforms.
Do marketing expenses impact the sales of Indian textile firms?
Yes, the study investigates how marketing expenses contribute to explaining variances in net sales and overall firm performance across different groups.
What role do wages and salaries play in firm performance?
The research analyzes the influence of labor costs (wages and salaries) on the productivity and profitability of textile manufacturing units.
Is India a major player in the global textile market?
India is the world's third-largest producer of cotton and the second-largest producer of cotton yarns and textiles, making it a global leader.
- Quote paper
- Prof. Kunal Gaurav (Author), 2007, Performance comparison and study the impact of marketing expenses, wages & salary and age on the firm performance in Indian Cotton Textile Industry, Munich, GRIN Verlag, https://www.grin.com/document/187127