A study on profitability of the textile industry

INTRODUCTION To offer suggestions for the improvement of the profitability of the selected textile companies. 1.3 METHODOLOGY 1.3.1 Sources of Data The data used for the study are secondary. The data were collected from the official directory and Data Base of the Centre for Monitoring Indian Economy (CM1E) namely PROWESS. The published annual financial reports of the companies have also been collected from The Southern India Mill Owners Association (SIMA). The reports of the Centre for Monitoring Indian Economy, World Economic Forum, Annual Reports of Ministry of Textiles, Compendium of Textile Statistics, Compendium of International Textile Statistics and various textile magazines and journals have also been used as data sources.