A STUDY ON PROBLEMS AND PROSPECTS FACED BY TEXTILE ENTREPRENEURS IN ERODE DISTRICT

Mr. V.Paramasivam; Dr.S.M.Venkatachalam

Volume : VI, Issue : VI, June - 2016

A STUDY ON PROBLEMS AND PROSPECTS FACED BY TEXTILE ENTREPRENEURS IN ERODE DISTRICT

Mr. V. Paramasivam, Dr. S. M. Venkatachalam

Abstract :

 Business ventures are started by creative human being, popularly called as entrepreneurs. Entrepreneurship exists in all type of industries; the same phenomenon is required to setting up of textile business. With an intention to assess the problems and prospect of textile entrepreneurs, the study has been initiated. Textile business is based on rural and small investment oriented, being a textile entrepreneur, has to face plethora of problems concealed in front of them. This study is carried out with 100 samples in Erode district of Tamilnadu. Simple random sampling is adopted to pick sample, the personal and face–to–face interview method is implemented. This study reveals that there is large number of factors affecting the textile entrepreneurs. It is concluded that despite several odds and problems eroding the textile entrepreneur, the prospects of textile business safeguard them from the evils associated with the textile industry