Year: 2020

Indian apparel businesses could face up to 40 per cent loss of revenue and many smaller players are contemplating closure.

The increase in awareness of the damage caused by synthetic materials on the environment has led to the development of eco-friendly materials. ITJ reports on various natural fibres available.

Retailers in the country at this point are not looking to make profits, but are rather looking for a way to stay afloat and provide for the employees and other stakeholders, writes Sanjay Vakharia.

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.

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.