Analysis of the Role and Current State of the Textile Industry in the Economy of Uzbekistan

1Madrakhimova Gulasal Ruzimboy Qizi

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Abstract:

This article provides an analysis of the role and current state of the textile industry in the economy of Uzbekistan.Indeed, the processing industry in the world is seen as a major industrial sector that is important and vital to the development of a country’s economy. The strong processing sector of the industry represents the technological power of the country. Its decline or contraction is seen as a sign of economic decline. This, in turn, indicates that the processing industry is an important sector. So, this paper analyzes the current situation of textile industry in the economy of Uzbekistan and gives prediction for future.

Keywords:

Textile Industry, Industrial Sector, GDP in Uzbekistan, “Uztextile”.

Paper Details
Month3
Year2020
Volume24
IssueIssue 5
Pages2034-2042