First Cotton Mill in India - Feature - TCP

First Cotton Mill in India

India is a country, where politics of all kinds play a huge role. Unions strike often and delay the production of cotton textiles. The Indian Cotton industry is facing stiff competition from power loom industries and synthetic fibers. This further adds to the dismay. Thus, imports are resorted to. Decentralization is another problem that has impacted cotton fiber production in India. The government is doing all it can, by giving concessions to the Cotton mills. The mills owners also get several privileges. There is a lack of foreign investment due to the above issue.