Direct and Indirect Effects of Independents Variables on Return on the Total Assets of Composite Cotton Sector-An Analytical Study in Indian Textile Companies

Textile industries in India are playing a vital role in the economy of the country. In recent years, it has also become an important factor for employment. It has made a remarkable impact in the economic growth of the nation through its growth and development in the past few years. This paper presents an analytical study of Indian textile industries. The direct and indirect impacts of independents variables on return on the total assets of composite cotton sector have been thoroughly analyzed. This study mainly focuses on the financial impact of the selected industries. This investigation gives a overall financial performance of the Indian textile industries.