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Result(s) found: 11
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Fluctuating yarn rate trouble Ludhiana producers
The textile and garment producers in Ludhiana are relieved with the easing of lockdowns but with the fluctuating rates of yarn, they are worried. Yarn is the biggest raw material in the industry.
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Homing in on growth amid pandemic
In the recent years, India has emerged as one of the major players in the global home textiles market. Factors like traditional craftsmanship, local availability of raw materials, investments by companies in high-tech textile machinery, etc have helped India to become a preferred sourcing destination for home textiles.
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India’s garment exports badly hit by state lockdowns
Many states in India are experiencing total lockdown due to which the garment export sector is badly affected. The sector has recorded a loss of around $15 billion during the second wave of the coronavirus pandemic.
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Aspire, believe & deliver: India - The future of global fashion
In 2020 alone, Asia Pacific accounted for 51 per cent of the global textile market, making it the largest region. India is the second-largest manufacturer and exporter of textile and clothing in the world, with a 5 per cent share of global trade.
Asia Pacific, Global Textile Market, CAGR, COVID-19 Impact, Make In India’ Dynamics, Lockdowns, Indian Prime Minister, Atmanirbhar Bharat, PLI Scheme, Vocal For Local, ICRA Report, Digitisation, Vikram Mahaldar
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