by TEXTILE VALUE CHAIN | May 9, 2020 | Finance & Economy, Industry And Cluster, News & Insights
India Inc’s first attempts to move goods across states after the easing of lockdown curbs were hobbled by expired e-way bills which made it near impossible for transporters to cross checkpoints. E-way bills issued before April 15 were initially extended till April 30...
by TEXTILE VALUE CHAIN | May 8, 2020 | Covid 19, Industry And Cluster, News & Insights
We are living through a period of time that almost nobody alive has ever experienced before. The global coronavirus pandemic has dramatically shifted the way in which we go about our day-to-day lives and there is little doubt that, going forward, at least parts of our...
by TEXTILE VALUE CHAIN | May 7, 2020 | Industry And Cluster, News & Insights
The rupee depreciated 9 paise to close at 75.72 against the US dollar on Wednesday, following a strong American currency overseas and fears of a renewed trade war between the US and China. Forex traders said the weakness in the rupee was largely due to the...
by TEXTILE VALUE CHAIN | May 7, 2020 | Industry And Cluster, News & Insights
Crisil Research said on Wednesday that a 57-day nationwide lockout caused by the corona in New Delhi would result in a 13 percent drop in toll collection and dispatch. In this case, the lockdown has been extended for weeks one and two, the fall would be even faster at...
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 | May 6, 2020 | Covid 19, Industry And Cluster, News & Insights
As economy is slump in revenue collections during the lockdown, states are going to increase taxes to make up some of the losses as the restrictions are eased.The Andhra Pradesh government hiked prices of liquor by another 50% on Tuesday, only a day after imposing a...
by TEXTILE VALUE CHAIN | Apr 13, 2020 | Covid 19, Featured, Industry View
Views by Kapil Pathare, Director, VIP Clothing’s Ltd. Indian Textiles and Apparels (T&A) industry, accounts for approximately 4% of the global T&A market. The T&A industry is one of the largest and the most important sectors for the Indian economy in...
by TEXTILE VALUE CHAIN | Apr 13, 2020 | Covid 19, Featured, Industry View
Views from Mr. Govind Shrikhande, Ex- Shoppers Stop MD / Mentor and Industry Expert / Consultant Covid has effectively converted the whole world into a Global Village. All Disruptions till Covid came along have been centred around a particular Country Or a Continent....
by TEXTILE VALUE CHAIN | Apr 6, 2020 | Covid 19, Featured, Industry View
Views by Mr. Sanjay Vakharia, CEO Spykar Lifestyles The COVID-19 has slowed down the economy. The unprecedented global crisis is creating a further negative impact on the already low consumer sentiments that the retail sector had been tackling. The complete lockdown,...
by TEXTILE VALUE CHAIN | Mar 30, 2020 | Covid 19, Featured, Industry View, Textile Articles
India’s Garment Industry is currently going through its worst ever crisis. And this is across the board – both Exports as well as Domestic. The Domestic Industry is largely consisting of manufacturers in the MSME Sector, and even within this sector, the Micro and...
by TEXTILE VALUE CHAIN | Mar 25, 2020 | Covid 19, Industry And Cluster, News & Insights
By: Seshadri Ramkumar, Professor, Texas Tech University, USA Advanced textiles to apparel manufacturers are turning to their own creative ways to support the fight against the invisible enemy. As the coronavirus is a novel strain, vaccines and medications are not yet...