Analyzing Competitiveness of Small Business and Entrepreneurship of Textile Industry in the Namangan Region by Swot-Analysis

Abstract

Textile industry is one of the leading and dynamically developing industries in Uzbekistan. It plays a significant role in resolving state problems, meets essential interests of many regions, fosters their harmonic development, provides the population employment and improves people well-being and renders help in establishment and development of small and private business. The most important trend in using internal reserves and possibilities of the country is gradual increase in deep treatment of home raw material and raising volumes and nomenclature of products with high added value. For the last 29 years the industry has become a leader in raising foreign investment and in the field of export of products with high added value. In spite of the fact that textile manufacturing is traditional for Uzbekistan, it still possesses a serious potential for further growth. The country's large raw material base, labour intensity of light industry sectors, the availability of a rather mass market in adjoining states make the development of textile and clothing industry a potential driver of economic growth in Uzbekistan. The use of this potential and shaping a stable textile and clothing sector in the country is a priority line in the development of national economy. Small enterprises play a serious role in textile industry development. The authors carried out SWOT-analysis, which is a key tool of finding competitiveness, of small enterprises in the country. By this method they identified strong and weak sides, opportunities and threats of their functioning, which can help to elaborate innovative strategy of development.

Keywords

• opportunities and threats
• innovation
• competitiveness
• drawbacks
• prospects
• standards
• personnel
• raw material
• image
• product-range
• price
• investment
• strategy