Page 5 - Textile Industry

Covid-19 crisis: 80% MSMEs in Sonipat hub await their turn to open

The first of a five-part series captures the restlessness of workers in Haryana's industrial clusters struggling to restart operations

Army fatigue makers, textile companies, condom firms turn PPE suppliers

The rise in infections in India and across the world has come as a boon for many textile businesses

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

Coronavirus impact: Textile companies fear FY21 will be a washout

Most units say there are no orders as retailers haven't resumed operations

Manpower shortage a challenge to ramp up textile production: Gokaldas MD

More than 50 per cent of the first quarter is lost from a production standpoint, but the company is hoping that it would be able to resume 100 per cent operations by June

No pay, no food: Rocky work-life balance turns Surat daily wagers violent

In the textile industry alone, there are an estimated 1.5 million migrant workers

Lockdown easing: Surat textile units in fix as Guj govt runs contra to MHA

Industet, which produces 45% of man-made fibre in the country, seeks clarity from state govt, wants some relaxation in order to stay afloat

UP allows 9 industries to operate at 50% capacity amid Covid-19 lockdown

These industries include cement, steel, chemical, textile barring garments, foundries and a few others

Working capacity at 25% may be unviable as industry awaits end of lockdown

Auto component vendor Nippon Paint India said that at 25 per cent capacity, it will not even meet plant overhead costs, leave alone company overheads.

Covid-19: Synthetic textile companies seek financial package to pay wages

The demand comes in the wake of closure of factories, wholesale and retail outlets due to the nationwide lockdown announced by the government on March 25

Manufacturing firms want partial lift on Covid-19 lockdown to reduce losses

Most of the exporters have the required manpower and had sourced the raw material before the lockdown. All they need now is permission to produce their goods

Coronavirus lockdown: Textile industry stares at Rs 12,000 crore loss

While the Covid-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown.

As coronavirus spreads, textile and garment exports may decline by 40%

The demand for textile products and also domestic sales have come down to a grinding halt due to the panic situation created by the outbreak of Covid-19.

Coronavirus: Textile secy suggests India capture apparel mkt ceded by China

Capoor said it would be the right time to bring the industry together and have a small dialogue to "see how the industry associations are prepared for this opportunity"

UP Khadi likely to sign agreement to supply textile to retail major Raymond

In 2018, state had signed up Amazon for khadi

Focusing on sectors with competitive edge to boost exports: Goyal

Citing an example of man-made textiles, he said that the govt is putting attention as over the years, India always focused on cotton textiles, whereas the world has moved on to man-made textiles.

Coronavirus diverts orders to India, but exporters dither on prices

Many exporting units in India are also stuck as they aren't able to import accessories from China

Promoters of textile firms increase stake on demand recovery expectations

India has become competitive in both polyester yarn and fabric businesses in the last couple of quarters

Relief for textile units in Maharashtra as state govt offers power subsidy

Textile units, mostly small and medium, are struggling to raise working capital owing to weak balance sheets

Govt seek suggestions on new textile policy, aims to make India export hub

Last month, Textiles Minister Smriti Irani said in the Rajya Sabha that the Centre is considering formulation of the National Textiles Policy after consultations with states