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 23, 2020 | Industry And Cluster, News & Insights
The extension of moratorium period of term loan for another three months i.e. up to August 31, 2020 by the Reserve Bank of India (RBI) has come as a sigh of relief for the ailing textiles and clothing industry, The Southern India Mills’ Association (SIMA) has said....
by TEXTILE VALUE CHAIN | May 22, 2020 | Covid 19, Finance & Economy, Industry And Cluster, News & Insights
As the coronavirus crisis escalates, an increasing number of organizers around the world are compelled to scrap fashion fairs and other industry events. While Chic Shanghai was postponed, Ispo Beijing was had to be called off altogether. The past few weeks has...
by TEXTILE VALUE CHAIN | May 20, 2020 | Industry And Cluster, News & Insights
Reliance Industries Ltd. Gains 0.51 per cent up in Wednesday’s trade in shares at 09:25AM. Around 124,343 shares changed hands on the counter. The counter opened at Rs 1407.3 and touched an intraday high and low of Rs 1418.5 and Rs 1393.65, respectively, in the...
by TEXTILE VALUE CHAIN | May 20, 2020 | Industry And Cluster, News & Insights
The Nigerian government is targeting N 5.089 billion from the partnership with the private sector to revive the garment and leather industries. Director general of the Infrastructure Concession Regulatory Commission (ICRC) Chidi Izuwah recently said the amount would...
by TEXTILE VALUE CHAIN | May 19, 2020 | Covid 19, Finance & Economy, Industry And Cluster, News & Insights
Shahlon Silk Industries, a man-made fibre and fabric manufacturing company, has received the South India Textile Research Association (SITRA) certification to produce fabric meant for body coverall of personal protective equipment (PPE) for Covid-19 pandemic....
by TEXTILE VALUE CHAIN | May 18, 2020 | Covid 19, Industry And Cluster, News & Insights
Industry seeks moratorium of loan repayments and other sops The slew of measures being taken by the government to fight the coronavirus pandemic has put textile manufacturers in a spot. While on the one hand the sector is struggling to continue with its production...
by TEXTILE VALUE CHAIN | May 18, 2020 | Industry And Cluster, News & Insights
The genuine monetary exercises in Rajasthan are occurring in the provincial territories. On April 18, we had 62,000 NREGA (National Rural Employment Guarantee Act) laborers; on May 5 the number hopped to 16.5 lakh, said Pilot. Rajasthan Deputy Chief Minister Sachin...
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 15, 2020 | Industry And Cluster, News & Insights
We are seeing a definite shift in the lifestyle of people. With the new norm of social distancing, there are fewer social outings with increased time spent at home. This will clearly pave the way for increased demand of casual and comfortable clothing vis a vis party...
by TEXTILE VALUE CHAIN | May 14, 2020 | Industry And Cluster, News & Insights
EDANA, the leading global association serving the nonwovens and related industries today announced that OUTLOOK™ 2020 taking place on 23-25 September 2020, will go online. OUTLOOK™ 2021 will be held in Lisbon at the Corinthia Hotel on 21-23 April 2021. OUTLOOK™, the...
by TEXTILE VALUE CHAIN | May 13, 2020 | Industry And Cluster, News & Insights
The National Retail Federation (NRF) is the largest retail trade association in the world. The NRF consists of members from all phases of the retail industry ranging from department stores to independent retailers. Representing not only the United States, but they...