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India’s cotton output set to rise
During CS 2019-20, cotton production is estimated to have increased by 13.6 per cent to 6 million tonnes during CS 2019-20 on account of higher yields backed by favourable monsoon conditions.
Spinning: A comeback tale
Despite uncertainties in the market created by Covid-19, the textile spinning and machinery and accessories industry is bouncing back with reported rise in orders.
Textile industry under pressure
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.
Textile Industry: Locked down
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.
Capture Commerce with Compassion
One would be surprised to know that textile industry is one of the major reasons for the tragedy in Italy due to coronavirus, which originated in far-off region (Wuhan, China) in another continent.
Industry on ‘wait-n-watch’ mode
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
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