Page 2 - Garment Sector

Unlock: Major garment export factories back to 60-80% capacity utilisation

The development comes months after shipments were kept on hold by international customers due to lockdown imposed in their respective countries

Lockdown-hit Arvind Ltd posts Q1 consolidated loss before tax of Rs 156 cr

Consolidated income during the quarter fell by nearly 69 per cent to Rs 603.22 crore from Rs 1,917.21 crore in Q1 of FY20

Study paints grim picture for garment sector with likely job cuts, closures

74% of its respondents see a 90% drop in sales for the quarter ending June 2020

Readymade garment makers to see 25-30% fall in revenue in FY21: Crisil

For exporters, the fall will be more because of tepid discretionary spending in the US and European Union, which account for 60 per cent of India's RMG exports, it said

Covid-19: Punjab's garment industry sees 70% drop in orders for winter wear

Unlike previous years when garment manufacturing units would work at full steam during this time of year, most factories are running at just 30-35% capacities

UK lawmakers, retailers call for action against exploiting garment workers

The letter was published following media reports of workers being paid below the UK minimum wage

UP to bring industry chambers on board for providing jobs to migrants

So far, the state has evacuated more than 2.5 mn stranded workers

Garment units at Tirupur get go-ahead, will resume operations on Wednesday

Industry to commence production at 25% capacity for next few weeks; liquity a greater issue than manpower availability

'All my dreams are shattered' - Coronavirus crushes Asia's garment industry

Since the 1960s, Asia has grown into the world's garment factory, sending about $670 billion worth of clothes, shoes and bags a year to Europe, the United States and richer Asian countries

Garment manufacturers urge govt to support garment retailers, traders

The additional loans backed by the government guarantee and requiring no collateral or guarantee of the MSME, will enable many of its members to get the much-needed working capital assistance

Why are workers in Bangladesh's garment industry worried about safety?

The Bangladesh government is not yet ready with resources and expertise to sustain the change that Accord has made

Green shoots in textiles and garments sector

Rising domestic consumption, government measures and exports incentives to aid growth

Duty drawback to boost exports of expensive garments

Garment sector has welcomed the decision, saying the move will encourage exporting units to enhance production