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Summarization: Purpose – The European Union (EU) clothing and textile industries are characterized by very intense international competition. EU producers face fierce competition from exports of new industrialized countries whose low wages and social charges give them a considerable competitive advantage. This paper seeks to present the results of an analysis of the European textile sector competitiveness. Design/methodology/approach – The analysis is based on an industrial excellence (IE) model developed by INSEAD. This model has been used for the last ten years in an annual award (IEA), given out in France and Germany. This time the model was used not for giving an award, but for assessing and analyzing the current status of industrial excellence in the textile sector. For this reason a sample of textile companies from three European countries was used and results of the analysis are presented. The textile companies that participated in the analysis were benchmarked against the technologically advanced IEA sample consisting of companies from various industries, which participated in the competition during the last three years. Findings – Key performance indicators of the textile sector are analyzed, including quality, flexibility, supply chain management, strategy formulation and strategy implementation. Significant improvement potential, especially in the areas of human resource management and knowledge management, is indicated. Research limitations/implications – Provides a methodology for employing the IE approach in their operation. Also provides a methodology for analyzing sector performance and new areas of differentiation in the European textile sector. Practical implications – The results of the analysis were used to define customized IE training in order to promote expertise in IE in textiles and improve competitiveness of the sector. Originality/value – The IEA model is used for the first time, not for giving an award, but as an IE assessment tool which can assist managers both of textile companies ...

Government of India has embarked its highly ambitious programme 'Make in India' campaign to galvanise the manufacturing sector of the country and to increase the inward investment in different sectors. Textile industry, one of the largest and highly labour intensive manufacturing sectors in India, is one of the identified benefactors of this campaign. The present paper deals with the impact of Make in India scheme on the Textile and allied sectors. Indian yarn spinning sector occupy 24 percent of the world's spindles, and 8 percent of the world's rotors. India is one of the few textile producing countries in the world which can claim the complete value chain productivity strength. The sector also has several advantages like, abundance of availability of raw materials like cotton and silk, and the comparative advantage in terms of skilled manpower. Make in India leads to penetration of organized retail, favorable demographics and rising income levels.

The world is presently looking forward to embrace the greatest
moment of modern history of humankind, turn of the millennium. For
Pakistan, however, the millennium celebrations are going to be
accompanied by over half a century of missed opportunities and a serious
challenge ahead. The focus of this study is Pakistan's status as a
'single commodity' country and the life after 2004 in a post- Multifibre
Arrangement (MFA) era. This work intends to use the hindsight to argue
that MFA, a cat's cradle of bilateral textile import quotas, was a
blessing in disguise for the value added textiles sector of Pakistan.
And the difficulties beyond 2004, when all the quotas have gone, should
not be underestimated in a bipolar (NAFTA and the EU) and deregulated
world economy . The analysis is carried out in four parts. Part I
highlights the economic significance of Pakistan's textiles industry by
briefly analysing its contribution to different sectors of her economy.
Part II presents the past, present and future scenario of international
trade in Textiles and Clothing (T&C). The present situation of
Pakistan's textiles industry along with its foreign exchange generating
performance in the past is assessed in Part III. Finally, Part IV
analyses the prospects and challenges faced by the T&C sector of
Pakistan.

This study attempts to clarify and evaluate the factors that impact on cotton sector production in Cameroon and differentiate producers `behavior. A description of producers 'behaviour is made in order to identify their main characteristics, which should shed light on the relationships between cotton textile production , the main producers` characteristics price and non-price variables. An inventory of ongoing sectoral agricultural policies is presented and suggestions are made for formulating alternative policies. The next section presents both a review of agricultural policies and the cotton sector in Cameroon. The third and fourth sections are literature review and cotton belt while the fifth presents the methodology. Discussion and interpretation of the empirical findings is followed by the conclusion and policy recommendations.

The Indian textile industry is significantly contributing to the socio-economic development of the country but is often condemned for adverse environmental impacts. The textile industry encompasses huge consumption of raw material and produces high volume of waste as byproduct. When the waste is released into the environment, it contaminates the environment by polluting air, water, land and soil. The pollution impact of wet processing and fiber production is very detrimental to the environment. Whereas, yarn formation and fabric formation are responsible for heavy noise and dust generation in the workroom. Taking this forward, current study has makes an attempt to present an overview of environmental sustainability status of Indian textile industry and provide necessary suggestions. It is found from the study that pollution impact from fiber formation and wet processing of textiles is spread beyond shop floor but pollution impact of yarn formation and fabric formation are limited to the workroom only. An efficient waste management system can reduce these impacts.

The paper aims to identify the various types of non-tariff measures (NTMs) affecting Pakistan's textile sector. The textile industry is of great importance to Pakistan and is a major contributor to its gross domestic product. However, Pakistan's textile exports are facing market access challenges, in part due to trade barriers of some developed countries. An in-depth analysis of Pakistan's textile sector and NTMs country-wise and category-wise for the period of 2010-2017 was conducted. Statistics about the textile industry of Pakistan were obtained from the State Bank of Pakistan, while categorical export data on NTMs was taken from UNCTAD's TRAINS database. Face-to-face informal interviews were also conducted with 15 participants from relevant stakeholder groups, including public and private sector officials. The authors found that Pakistan's global share in textiles has declined significantly since 2010 and that it relies heavily on a few international markets such as the United States, China and the European Union. Turkey was found to have the highest number of NTMs targeting textile products, followed by the United States. Additionally, not only do countries importing Pakistani goods impose NTMs, Pakistan's own export procedures also hamper the trade. Interviewed exporters mentioned that they face difficulties in the costly and time-consuming acquisition of certification, whereas Government officials claimed the certification process improved competitiveness. Exporters also complained about the high cost of doing business, which results in the shifting of exports to China, Bangladesh and India. The paper recommends that trade agreements and their implementation be rationalized and simplified, uniform certification requirements for exporters be implemented to save costs and time, cheaper tests be made available in Pakistan rather than abroad, and that business-to-business forums be developed to promote information exchange. It is also suggested that a clear framework to deal with NTMs is needed. The development of Pakistan's textile exports will be difficult to sustain without addressing these challenges.

The study has attempted to examine whether the board size and board independence have any impact on the financial performances of the Indian textile firms. Accessing the data of the 40 sample firms representing the top 100 BSE-listed textile firms during the timeline 2015–2019 and applying the panel data regression model, it has assessed the impacts. Accounting- and market-based financial measures have been proxied, and a significant positive association between the board size and firm performance has been established. Interestingly, a significant inverse relationship between the board independence and financial performance has also been indicated. It has concurred policy implications as the inclusion of more number of board members would likely to increase the firm performance. Moreover, for improving the sound decision-making, firms may chalk out a policy with capping on the engagement of independent directors in other firms. It has acknowledged a few limitations and has sketched a roadmap for posterior studies as well.JEL Codes: G28, G30, M40

AbstractBusinesses across the globe faces challenges to ensure stability, growth and sustainability. Companies have to deal with changes in economic, social, cultural, political and technological environment. Companies failing to do may face financial distress causing default in payment of contractual obligations and erosion of shareholders wealth. In a business scenario where the stakeholders are many viz. shareholders, lenders, employees, government and society at large, protection of the interests of the stakeholders assume prime importance. Company's management are expected to identify signals that indicate distress and take remedial measures. This paper attempts to identify distress signals in textile sector in India. Textile sector is one of the largest sector in India. However one third of companies in this sector have reported losses for the previous year. This study aims to examine the factors that can differentiate a distressed company from a non- distressed company so that the factors signifying distress can be studied. Listed companies in textile sector incurring continuous losses for three years were selected for the study. Financial ratios were used as variables. Logistic regression was applied to identify the most important factors indicating distress. It was observed that ratios measuring profitability and efficiency were significant in predicting distress. Key words: Financial distress, distress signals, textile sector, continuous losses, financial ratios