by TEXTILE VALUE CHAIN | May 28, 2020 | Covid 19, Industry And Cluster, News & Insights
Starting from practically nothing, India has now become the world’s largest supplier of Personal Protective Equipment (PPE) in just 60 days. In two months, the industry has grown 56 times. Over 600 companies in India are certified to produce PPE and the country today...
by TEXTILE VALUE CHAIN | May 28, 2020 | Industry And Cluster, News & Insights
India is likely to slip into recession in the third quarter of this fiscal as income and job losses and consumer concerns will delay recovery in demand even after the pandemic, according to Dun & Bradstreet’s latest Economic Observer, which said economic...
by TEXTILE VALUE CHAIN | May 27, 2020 | Covid 19, Industry And Cluster, News & Insights
The government on Tuesday (May 26) said that a total of 60,490 patients have so far recovered from coronavirus across the nation and cited improvement in recovery rate in comparison to the global data of fatality. Addressing media persons, Lav Agarwal, Joint Secretary...
by TEXTILE VALUE CHAIN | May 26, 2020 | Covid 19, Industry View, Textile Articles
Introduction It all started on 31st December 2019, at the close of the year a pneumonia of unknown cause reported to WHO China Office. This was detected in the...
by TEXTILE VALUE CHAIN | May 20, 2020 | Industry And Cluster, News & Insights
The Indian government’s is taking various majors and effort to boost the COVID-19-hit economy focuses more on the medium-term rather than offering immediate support, according to a recent note by Goldman Sachs economists Prachi Mishra and Andrew Tilton, who predicted...
by TEXTILE VALUE CHAIN | May 18, 2020 | Covid 19, Industry And Cluster, News & Insights
Anti-dumping duties on PTA to be abolished; will benefit user industry The Government has announced a National Technical Textiles Mission at an estimated outlay of ₹1,480 crore that can help the industry take advantage of the growing demand in the domestic market and...
by TEXTILE VALUE CHAIN | May 17, 2020 | Industry And Cluster, News & Insights
The across the nation lockdown in India is probably going to affect the materials area both regarding request and flexibly and the EBITDA may drop by least 15 percent in 2020-21 over the business portfolio, a report said. India Ratings and Research (Ind-Ra) in a...
by TEXTILE VALUE CHAIN | May 11, 2020 | Industry And Cluster, News & Insights
Cotton yarn exports from India are estimated to fall by 18-20 per cent to nearly a decade low level of 750 million kg in FY21, closer to the level of exports last seen in FY12, following an estimated 25 per cent decline to 940 million kg in FY20, as cotton yarn...
by TEXTILE VALUE CHAIN | May 7, 2020 | Industry And Cluster, News & Insights
“The Corona epidemic has broken our back,” says a normally cheerful Aarti Patra, part of a group of sabai-grass basket-makers in an Odisha village. Rajkumari Joshi, a craftswoman from SADHANA, a women’s cooperative we work with in Rajasthan, agrees. “All the women...
by TEXTILE VALUE CHAIN | May 6, 2020 | Industry And Cluster, News & Insights
Several fast moving customer goods (FMCG) organizations have ventured up conveyances of their items to neighborhood supermarkets that are battling with provisions of fundamental products. Marico has launched telephone services for retailers and even rolled out a...
by TEXTILE VALUE CHAIN | May 6, 2020 | Industry And Cluster, News & Insights
India’s administrations crumbled in April with the coronavirus-drove lockdown making the segment arrive at a total stop causing a noteworthy spike in cutbacks and fortifying feelings of trepidation of a profound downturn, a private study appeared on Wednesday....
by TEXTILE VALUE CHAIN | Mar 17, 2020 | Industry And Cluster, News & Insights
Exports of 1,945 Indian products, including auto components and textile materials that were availing duty incentives under the US generalised system of preferences (GSP), recorded a growth of 5 per cent to $5.47 billion during June-December 2019 period compared to the...
