Year: 2020

Sales amounted to CHF 254.9 million (first half year 2019: CHF 416.1 million), which represents a decline of 39 per cent compared to the previous year period.

Considering what the youth wants, fashion industries have accepted the Indian ethnic brands to be the best example for them.

Industries in Surat, Mumbai, Ludhiana, Delhi and Tirupur are experiencing tremendous growth as the technology has shown great potential for enhancing the quality as well as in keeping pace with the demands of textile printing.

Bhiwandi has approximately 6.5 lakh power looms, which is 33 per cent of country’s total power looms. Out of 6.5 lakh, about 15-20,000 looms are automatic and mostly China made rapier, writes B Basu.

Crisil report says that the pain will radiate as India Inc heads towards approximately 15 per cent decline in revenue and approximately 25 per cent fall in earnings before interest, taxes, depreciation and amortisation (Ebitda).