INNOVATION DEVELOPMENT AND TECHNOLOGICAL MODERNIZATION IN TEXTILE ENTERPRISES: EVIDENCE FROM BAKAN TEX LLC

Abstract

Innovation development and technological modernization are important factors in increasing the competitiveness of textile enterprises. This study analyzes the practical experience of BAKAN TEX LLC, one of the export-oriented textile enterprises in Uzbekistan. The research is based on the empirical results of the author's master's dissertation and focuses on the company's technological capacity, production performance, automation, export activity and prospects for further innovation development. The analysis shows that BAKAN TEX has an annual production capacity of 14,500 tons of cotton yarn and approximately 96% of its production processes are automated. The company uses modern equipment from leading European manufacturers and exports more than half of its products to international markets. The study also identifies several limitations, including limited product diversification and the concentration of production mainly on cotton yarn. Based on the obtained results, the paper proposes technological modernization, digitalization, product diversification, human capital development and export expansion as the main directions for strengthening the company's innovation development