Image Courtesy: jacobinmag.com The textile and apparel industry of India, with recent declaration of ‘Special Package’, has an aim to create one crore new jobs in the sector, but according to a recent report by Texprocil – Ernst & Young, only 29 lakh jobs shall be created, owing to the possible technological advancements in the sector. The new technologies would lead to higher efficiency, but will however reduce job opportunities for the people of the country.
In the textile sector, particularly in spinning, machines like auto-coners and auto-splicers have reduced human intervention in the work by reducing the ‘man’ requirement […]
Full Post at news.apparelresources.com