This paper examines the case of adjustment in a labour-intensive export industry (woollen knitwear) to understand how traditional sectors in developing regions cope with external crises and rise above them. India's woollen knitwear industry, concentrated in Ludhiana, recently survived two crises—the collapse of its largest export market, and the simultaneous opening up of the domestic market to freer trade. After an unusually short downturn, the cluster not only recovered rapidly but is increasingly diversifying into more demanding and competitive external markets.

Uneconomic returns from sheep rearing have forced many sheep rearers to sell their sheep and take up other occupations. Despite a growing demand for wool, especially quality wool, there is general apathy among sheep rearers towards wool production because of the unremunerative prices for domestic wool and large scale imports.
To overcome many of the problems confronting the sheep rearers and wool industry, a Wool Development Board is expected to be soon set up. In this article T.K. Moulik discusses the challenges before the Board and the ways to overcome them.

The marketing of raw wool in Rajasthan is embedded in multiple exchange relations. Conventions, contractual interlinkages and asymmetry of information are the rules which dictate the process of price formation of raw wool. This continues to happen in spite of government interventions that sought to make changes in the exchange structure by means of controlling the behaviour in the marketplace.

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The paper shows how production, marketing and use of wool changed in colonial India (1858–1947). The changes involved location, products, people, and nature of the firm, and were induced by two circumstances, one arising from the raw material side, and the other from the consumption side. There were limitations on access to common grazing lands, a theme that takes us to those of herding, customary rights, and the economics of wool production. The economic character of weaving was bound with that of wool production. The nature of that bond changed in the colonial period.

This item is part of a JSTOR Collection.