
1 minute read
5. Inadequate Attention Paid to Technology
Upgrades and R&D
● The Indian textile sector can potentially gain big through the 100% automatic FDI (foreign direct investment) policy.
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● These benefits have not materialized due to unorganized operations, industry fragments and lack of economies of scale.
● The technology adoption in India has somewhat taken a back seat.
● The onus is on the industry leaders to take initiative and integrate technology into their operations and do regular R&D activities.
Jumac Ji+ smart can technology is presented in a comprehensive and user-friendly way to facilitate the operations. Utilization of this smart can technology will be a core competence of the mills in the near future, adding a competitive edge.