Union Minister Smriti Irani on Saturday lauded the textiles industry for its commendable work in upping production of PPE kits and masks multi-fold amid the coronavirus pandemic
The textile and apparel sector is confident of achieving the much needed growth in 2021
According to experts, demand from the home textile industry is expected to remain supportive in the near-to-medium term
Improving prospects of core businesses to drive earnings, and better outlook for subsidiaries to reduce holding company discount
Companies started their journey by manufacturing reusable masks and Personal Protective Equipment (PPE) kits, and today, they are offering a range of PPE clothing along with fashion and casual wear
Yet, continual rise in Covid cases remains a worrying sign
Raymond, one of India's largest suit makers recently re-opened most of its 1,000-plus stores across the country
Exporters said the financial position of the knitwear garment units in Tirupur has not improved and they were not in a position to repay the loan and interest
The fourth in a five-part series analyses factors derailing the country's apparel industry
It identified India and Indonesia as potential recipients of manufacturing shifts and growth in terms of global apparel export share
Business activity across value chain is at 5-10% of the pre-pandemic level
The consignments, which have mainly come from China, have not been cleared for the past 10 days even after customs duty has been paid in certain cases
Self-dependence should be interpreted as producing high quality goods required for Indian and global consumption in India with as much value addition as possible in the country, he said
The AEPC has requested the government to lift the ban on the export of PPE kits and has sent letters to Minister of Commerce and Industry Piyush Goyal and Minister of Textiles Smriti Zubin Irani
The demand of yarn, fabric and apparels is set to remain muted throughout first half of the financial year 2020-21
Company denies retrenching 'workers', says cost rationalisation has impacted some managerial positions
The addition of HeiQ Viroblock to the company's manufacturing processes gives it another "formidable technology in the race to provide high tech, comfortable PPE solutions," Sundararaman said
The company said it is also in advanced stage of offering customisation and branding options to large and discerning buyers
The state signs MOUs with four leading industrial bodies to create employment for 1.1 mn returning migrants
The final part of the series looks at how industries are waiting for demand to bounce back