Performance of Textile Industry in Tamil Nadu: Perspectives of General Manager

Textile industry is playing a vital role in the Indian economic growth of the country through its contribution towards GDP, employment, exchange rate, exports, total production etc. The purpose of the study is to identify the difficulties of textile companies facing challenges from the general manager’s point of view on financial sustainability of selected textile companies. The study has used factor analysis for exploring various dimensions of barrier as well as weighted average method and other tests for selected measurement analyzes using SPSS-17 version for different statistics. Overall, the large scale companies performing very well with automatic plant with modern innovation products, medium scale unable to produce due to various reasons and impacting the growth and technological factors as well as facing various difficulties. It reflects overall textile issues and challenges as general results towards the structured questionnaires.