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Economics and Innovative Technologies

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.

References

[1] Information of the State Statistics Committee of the Republic of Uzbekistan [2] http://www.uzts.uz/post/tuqimachilik-wa-tikuw-trikotaj-sanoatida-taier-mahsulotlar-ulushi-oshiriladi [3] Decree of the President of the Republic of Uzbekistan dated February 7, 2017 No PF-4947 "On the Action Strategy for further development of the Republic of Uzbekistan." // www.lex.uz. [4] https://markets.businessinsider.com/commodities/cotton-price [5] Umarova G.G. The role of increasing export potential in the textile and light industries in the national economy. / Electronic scientific journal "BUSINESS-EXPERT" - T .: 30.12.2016. №12 (108) -2016. [6] Calculated by the author on the basis of data of the Statistics Committee of the Republic of Uzbekistan. [7] Compiled by the author on the basis of statistical data of the State Statistics Committee of the Republic of Uzbekistan. [8] Compiled by the author on the basis of statistical data of the State Statistics Committee of the Republic of Uzbekistan. [9] Resolution of the President of the Republic of Uzbekistan dated September 16, 2019 No PP-4453 "On measures to further develop the light industry and stimulate the production of ready products."https://lex.uz/docs/4516526 [10] Compiled by the author on the basis of statistical data of the State Statistics Committee of the Republic of Uzbekistan [11] Ўзбекистон Республикаси Президентининг 2019 йил 16 сентябрдаги “Енгил саноатни янада ривожлантириш ва тайёр маҳсулотлар ишлаб чиқаришни рағбатлантириш чора-тадбирлари тўғрисида” ги ПҚ-4453-сон қарори. https://lex.uz/docs/4516526 [12] Created by the author on the basis of data from the Association of Textile Industry [13] Compiled by the author [14] Madrahimova G. Improving The Use of Investment in Improving The Efficiency of Light Industry Enterprises in Uzbekistan //Архив научных исследований. – 2019. [15] Madrakhimova Gulasal Ruzimboy Qizi, Analysis of the Role and Current State of the Textile Industry in the Economy of Uzbekistan // International Journal of Psychosocial Rehabilitation, Vol. 24, Issue 05, 2020 ISSN: 1475-7192

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