An analytical study of the Impact of power looms crisis in Ichalkaranji
B. S. Jadhav (Student, Faculty of Management Studies, Ashokrao Mane Group of Institutions, Kolhapur, MS, India), D. S. Jadhav* (Head, Faculty of Management Studies, Ashokrao Mane Group of Institutions, Kolhapur, MS, India) and B. B. Patil (Associate Professor, Faculty of Management Studies, Ashokrao Mane Group of Institutions, Kolhapur, MS, India) *Corresponding author's Email
Jadhav, B. S.; Jadhav, D. S. and Patil, B. B. (2019), “An analytical study of the Impact of power looms crisis in Ichalkaranji”, MERC Global’s International Journal of Management, Vol. 7, Issue 1, pp. 44-48.
Submitted: October 01, 2018, Revision received: October 26, 2018, Accepted: November 05, 2018
The Ichalkaranji has a great legacy in the field of textile industry in the Maharashtra state of India. Power looms, which is the most important factor as per consideration of Ichalkaranji economics. In the recent past, the power loom industry has faced a crisis. The most affected factor in the crisis is power loomed workers, as they face many problems. This study is an attempt to understand the problems of workers, which are influencing the power loom crisis in the textile industry of Ichalkaranji. The study also proposes a solution, which may assist power loom workers and owners for improving the economic conditions. This study also considers social as well as economic aspects of power loom workers. The study was based on survey method. In this study, the researchers have used a questionnaire consisting of ten multiple-choice based questions. Percentage analysis and Chi-Square Test were used to analyse the data.
Power looms, Handloom, Textile, Liberalisation, Workers.
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