Factors Affecting Clothing Industry Essay

CANDIDATE'S DECLARATION

I hereby certify that the work which is being presented in the thesis entitled “Assessment of Factors Affecting the Growth of Textile and Clothing Industry in Punjab- A Case Study” by “AMRIT PAL” in partial fulfilment of requirements for the award of degree of M.Tech. (Industrial Engineering) submitted in the Department of Mechanical Engineering at GURU NANAK DEV ENGINEERING COLLEGE, LUDHIANA under PUNJAB TECHNICAL UNIVERSITY, JALANDHAR is an authentic record of my own work carried out during a period from January, 2015 to June, 2015 under the supervision of Er Jagdeep Singh. The matter presented in this thesis has not been submitted by me in any other university / institute for the award of M.Tech degree.

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3)Investment 1)Less no. of technical workshop

2)Less productive capacity 1)Poor management skills

2)Poor up gradation of machinery

3)Increasing production cost

The graphical representation of each component extracted with its variables according to no. of respondents is as given below:

Factor 1: Entrepreneur skills and raw material uncertainty

This component consist of two variables namely lack of working knowledge of entrepreneur and uncertainty in raw material availability. From total no. of respondents 50% responds that Lack of working knowledge has moderate affect on the growth of t &C industry in Punjab. For second variable i.e. uncertainty in raw material 54 % respondents responds that it is affecting moderately the growth of textile sector in Punjab. The graphical representation for these two variables is as shown below:

GRAPH 4.1. Entrepreneur skills and raw material uncertainty :

HOW TO REDUCE:

The effects of this component can be reduced by:

1) Entrepreneur should have efficient managerial skills in order to manage the industry properly.

2) Raw material should be available in