A STUDY ON FINANCIAL IMPEDIMENTS OF TEXTILE INDUSTRY EVIDENCE FROM SELECTED SOUTH INDIAN COMPANIES IN INDIA

This study demonstrates the financial impediments of textile industry with the unstable condition it can be inferred that many challenges have happened around the textile industry in India. Since, India is a cotton rich county, there is a special attention required to take up the sector into reach the Self Stagnated level. The objective of study is to highlight the financial impediments in textile industry in fulfilling the present problem to overcome. From the analysis of secondary data, it has been found that textile industry still remains a sector that to be financially improved more. It also very significant research area that requires attention and support from government and their “apex authorities”. An appropriate information has been obtained for the period of 5 years of 2015 to 2019 and analyzed with the help of Profitability Ratio's to Impediment the changes in the financial sector