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The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labour in textiles. The textile industry continues to be the second-largest employment generating sector in India. It offers direct employment to over 35 million in the country. [25]
Thus, Textile management is a multi- and interdisciplinary research area, i.e. a cluster of fields, which borrows different theoretical lenses and uses them in an applied setting. Researchers study different phenomenon, from entrepreneurship and innovation to integration of sustainability within the industry and local production of fashion. [ 5 ]
Textiles are all around us. The textile is a component of basic needs like food and shelter. Textiles are everywhere in our lives, from bath towels to space suits. Textiles help humans by comforting, protecting, and extending their lives. Textiles meet our clothing needs, keeping us warm in the winter and cool in the summer.
Textile manufacturing or textile engineering is a major industry. It is largely based on the conversion of fibre into yarn , then yarn into fabric. These are then dyed or printed, fabricated into cloth which is then converted into useful goods such as clothing , household items, upholstery and various industrial products.
Burlington Industries, formerly Burlington Mills, is a diversified American fabric maker based in Greensboro, North Carolina.Founded by J. Spencer Love in Burlington, North Carolina in 1923, [1] the company has operations in the United States, Mexico, and India and a global manufacturing and product development network based in Hong Kong with over 8,000 employees on several sites in the United ...
Financial analysis: 1. Sales growth - An analysis of the gross sales of the company between 2004-2009 shows that sales of the company is growing at an CAGR of 9.5% 2. Sales Vs Profit Growth - Analyzing the gross sales and PBT ratio, while the sales is growing at 9.5% CAGR the PBT is decreasing from 11.5% in 2005-2006 to 4.3% in 2008-2009.
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