Efficacy of CDR System in Managing Stressed Assets in Indian Textile Industry

Abstract

Introduction newlineIncreased competition and globalization coupled with tighter fiscal policies has left no option before private as well as public sector organisations other than promoting efficiency. In order to be efficient, however, the organizations must restructure themselves. Only the firms which are ready and able to realize continuous changes - the firms which approach actively to a process of restructuring and/ or reengineering can be successful in the present world.