Production, Productivity and Technological Changes in Indian Spinning Sector
This article studies the structural changes in the composition of spun yarn, age of installed spindles and its impact on the efficiency and productivity of spindles. The methodology used here is different than the traditional production function approach. The percentage of excess installed spindles compared to the minimum required at the latest technology available during 1996 could be explained due to the under-utilization of spindles and the technological gap between the installed spindles and spindles of modern technology. The inverse of excess spindles used over time due to the technological gap shows the changes in productivity of working spindles. The productivity analysis along with the state of spinning industry and future requirement of spun yarn is used in forecasting the future requirement of spindles.
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Volume (Year): 38 (2003)
Issue (Month): 2 (July)
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