Clocking a compounded annual growth rate (CAGR) of about 35 per cent, the number of non-operating textile units in Punjab grew to 227 units from 11 during the period 2000-01 and 2010-11, said the study.
"The number of jobs lost due to non-operation of textile factories in Punjab grew at about 41 per cent during the aforesaid period as the state has suffered loss of over 32,600 employment opportunities as of 2010-11 as against over 1,000 lost employment opportunities in 2000-01," according to the study titled 'State-wise assessment of textile sector & recommendations.'
The number of jobs lost due to non-operation of textile units in Haryana grew at about 36 per cent CAGR, it added.
"The total number of textile factories in Punjab increased from 635 to 929 during the aforesaid period, however, the number of textile units in operation increased from 624 to just 702," it said.
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The number of people employed in the textile units under operation in Punjab increased significantly from about 58,804 to over 1,00,857 during 2000-01 and 2010-11, while in Haryana the number of employees in operating textile factories increased from 27,238 to 37,228 during the said period, it added.
"Low productivity, lack of advanced manufacturing technologies, lack of foreign investments, supply chain bottlenecks, lack of economies of scale, labour related challenges, issues arising due to a fragmented industry and weak brand positioning are certain key reasons for non-operation of textile units," D S Rawat, Secretary General of Assocham said in a release.