Examine the major challenges hindering the Indian textile industry from achieving its full potential in the global value chain.

Indian Textile Industry famous since ancient time; yet faces challenges in utilizing full potential. Indian Textile Industry structure: - Technical Textiles - Garment Industry - Cotton - Silk - Clothing # Major Challenges: 1) Infrastructure deficit - lack of advanced industrial arena 2) Lack of Credit - [text continues to next page] tag MSMEs face challenges in MUDRA financing 3) Lack of Technology Integration - tag India doesn't have advanced machines for wearing and spinning as in Vietnam