Global Journal of Commerce & Management Perspective
Open Access

ISSN: 2319-7285

Abstract

Relative Importance of Factors Influencing Factory Sickness: A Case Study of Government Silk Weaving Factory, Rajbagh

Shahid Ali & Dr. Asif Iqbal Fazili

The Industrial sector of Jammu & Kashmir state is still lagging behind to fully leverage the opportunities provided by the dynamics of regional trade and globalization. Despite the shortcomings arising out of various factors like remoteness, poor connectivity, weak resource base, sparse population density and shallow markets, the J&K state has remained an industrially backward state. However, the industrial sickness has persisted in most of the industries of J&K state like Govt. Silk Weaving Factory, Rajbagh. In order to address this problem, numerous efforts have been made by researchers that are not sufficient for a successful and sick-free industry. This research attempts to fill this gap and empirically explores the causes of factory sickness based on the Relative Importance Index, the weightage and the key factors responsible for the sickness of the industry and suggests measures to tackle with each influencing factor.

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