Volume : II, Issue : VIII, August - 2013

Developing a Competitive model for Tirupur’s hosiery industry

Dr. M. Bina Celine Dorathy

Abstract :

The export- import trade among the countries was oadly guided and facilitated by General Agreement on Trade and Tariffs (GATT) before the setting up of WTO in 1995. During GATT regime under the Multi-Fie Agreements (MFA), a popular system known as Quantitative Restrictions (QR) was in place in Textile and Clothing segment which included the hosiery products. Under this system a country could import from a particular country only up to the limit prescribed by QR. The hosiery industry of Tirupur, a major exporter of hosiery products to global markets was assured of its quota of exports and thus flourished under this system. But with the advent of WTO in 1995, the ATC declared that the QR would be phased out from January 2005. This carried new opportunities and threats for Tirupur’s exports which also meant that this industry must now acquire new strengths in order to compete in the new regime. Under such circumstances, this paper makes an attempt to develop a framework for analyzing the competitive structure of this industry and to suggest appropriate strategies for enhancing its competitiveness under the WTO regime.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Dr.M.Bina Celine Dorathy Developing a Competitive model for Tirupur’s hosiery industry International Journal of Scientific Research, Vol : 2, Issue : 8 August 2013

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