by TEXTILE VALUE CHAIN | May 26, 2020 | Industry And Cluster, Industry View, News & Insights, Textile Articles
A watched pot never boils Authored by- Mr. Alok Gupta Alok Gupta is the President of the prestigious The Estate Agents Association of India, Central Zone One. He can be reached at alok@himland.in. Views expressed are personal. First, the debate started with whether...
by TEXTILE VALUE CHAIN | May 23, 2020 | Finance & Economy, Industry And Cluster, News & Insights
India’s current account may show a surplus for several years this year, with economists saying a sharp decline in domestic demand for investment and consumption goods. The fall in crude and commodity prices and lower demand for them are also contributing to the...
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 20, 2020 | Covid 19, Finance & Economy, Industry And Cluster, News & Insights
Without having to go to work, Sunday brunches, movies dates or parties, our shirts, suits, formal dresses, denims and high heels are napping in the closet while casual slip dresses, comfortable pajama sets and fancy slippers are out. Fashionistas and quarantine queens...
by TEXTILE VALUE CHAIN | May 20, 2020 | Covid 19, Finance & Economy, Industry And Cluster, News & Insights
Weaving the gossamer fine fabric which made his hometown Chanderi famous the world over, Mohammed Dilshad says his life is in tatters with no money, no food and no work. Till a little before the lockdown started on March 25, he would be out for days at a stretch,...
by TEXTILE VALUE CHAIN | May 20, 2020 | Covid 19, Finance & Economy, Industry And Cluster, News & Insights
India is in phase 3 of its lockdown brought about by the COVID-19 pandemic. While the novel coronavirus has had a terrible humanitarian impact, it has exacted an appalling toll from economies all over the world. One of the worst hit sectors of the economy is Retail....
by TEXTILE VALUE CHAIN | May 19, 2020 | Covid 19, Finance & Economy, Industry And Cluster, News & Insights
To ensure safety of healthcare workers who are exposed to the risk of COVID-19 infection, the health ministry on Friday issued an advisory asking hospitals and other medical facilities to activate Hospital Infection Control Committees (HICC), identify nodal infection...
by TEXTILE VALUE CHAIN | May 15, 2020 | Finance & Economy, Industry And Cluster, News & Insights
Apparel makers are slowly resuming the productions of ready-made garments for the export markets even as they are facing making hurdles like cancellations and changes in orders, payment problems or lack of new orders. “About 15-20% of the over 8,000 apparel exporters...
by TEXTILE VALUE CHAIN | May 13, 2020 | Covid 19, Industry And Cluster, News & Insights
With major Indian cities, including the capital city–Delhi–and the financial capital–Mumbai–being designated coronavirus “red zones” by the Government depending on the level of infection, the impact of COVID 19 on retailers is far fromeasing out. Though the retail...
by TEXTILE VALUE CHAIN | May 13, 2020 | Industry And Cluster, News & Insights
As extended lockdowns, social distancing and working from the confines of home become the our new reality, fashion brands and retailers across the world struggling to mitigate cope up with revenue reductions. While it is hard to predict the post pandemic scenario,...
by TEXTILE VALUE CHAIN | May 13, 2020 | Industry And Cluster, News & Insights
The textile industry in Surat is facing hard times due to the nationwide lockdown imposed in the wake of the coronavirus crisis and in a verge of huge losses. Jitubhai Vakharia, President, South Gujarat Textile Processors’ Association said that an estimated loss...
by TEXTILE VALUE CHAIN | May 12, 2020 | Covid 19, Industry And Cluster, News & Insights
As the industry gears up to resume business post the lockdown, Sanjeev Mohanty, Managing Director – South Asia, Middle East & North Africa, Levi’s Strauss & Co., outlined the two aspects that underpin the way demand will be regenerated – unpredictable and the...