DEVELOPMENT OF LIGHT INDUSTRY BRANCHES IN UZBEKISTAN BASED ON VERTICAL INTEGRATION
The textile industry takes leading positions in the economy of the Republic of Uzbekistan with sufficient raw material and qualified personnel and labour power. This network is developing rapidly, especially on the basis of the right policy pursued by the government. Cotton fibre grown in the country as the main raw material for the textile industry is important in this regard. The analysis shows that, while world-class scientists have discovered several different chemical fibres, cotton fibre is one of the world’s leading natural resources and the demand for it is constantly increasing. In this sense, it is necessary to use the existing opportunities, apply new management methods, introduce modern standards and methods of corporate governance, and strengthen the role of shareholders in strategic management of enterprises.This article analyzes the growth of the volume of production of light industry sectors in the development of the economy of the Republic of Uzbekistan, and the author has developed a multidimensional forecast for the production of light industry products. My idea of the author, it is necessary to fully coordinate the production of light industry enterprises in the context of Uzbekistan in the context of the competitive environment in the market and to examine the factors of their socioeconomic efficiency by utilizing modern strategies based on the improvement of vertical integration.