THE THEORETICAL FOUNDATIONS OF FORMING A VALUE CHAIN IN UZBEKISTAN’S TEXTILE INDUSTRY

Abstract

The structural transformations taking place in Uzbekistan’s textile industry have brought to the forefront the need to transform this sector from a primarily raw-material-oriented field into an industrial system capable of generating high added value. In today’s economic environment, the competitiveness of textile products is determined not only by the availability of cotton raw materials or the expansion of production capacities, but also by how effectively the entire process of value creation is organized from raw material to finished product. In this regard, the value chain approach serves as an important methodological basis for the theoretical analysis of the textile industry.