Question

What are the problems of the woollen industry?

Answer 1

(i) Local wool is of poor quality and India has to import good quality wool. This will bring down the margin of profit.
(ii) Synthetic fibres have affected the industry since they are gradually replacing the woollen industry.
(iii) The woollen industry is scattered and in a decentralized form. So the mill-owners are unable to take advantage of a centralized form of industry.
(iv) India has to import wool from Australia land U.K. which have also started manufacturing woollen cloth.