Going forward, the textile industry scenario will depend on how the situation evolves in the domestic and international markets and faster return to normalcy will enable the industry to curtail the damages and improve on its growth prospects.
Month: May 2020
Covid-19 virus that has thrown the economic activity out of gear across the world has also halted the Indian textile industry to a grinding halt.
In the wake of COVID-19, GRADO has come up with NEO TECH® technology wherein the products are high quality, utilitarian and have a shield against bacteria and viruses alike.
Trident India will now make antimicrobial treatment standard in every towel it produces.
Ashwin Chandran, Chairman, SIMA thanked PM for making certain announcements on financial relief package through RBI.
Textile industry expert Oswald Baldischwieler will focus on value-added services for customers.
The special Covid-19 economic task force announced by Prime Minister Narendra Modi would likely work on an economic package for the sectors most affected by the coronavirus outbreak as also people working in the informal sectors.