Growth Prospects for India's Cotton and Textile Industries
- by Maurice Landes, Stephen MacDonald, Santosh K. Singh and Thomas Vollrath
- 6/2/2005
Overview
India's prospects are changing now that the Multifiber Arrangement (MFA) no longer governs world textile trade. Decades of industrial policies that were both inward-oriented and biased toward small-scale production continue to influence India's textile trade prospects. While the recent introduction of genetically-modified (Bt) cotton has revitalized prospects for cotton production, quality issues are likely to hamper Indian cotton sales until the structure of India's cotton marketing system changes significantly.
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