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Apparel sector could take a hit of Rs 1 lakh cr: CMAI
May 2020
The Indian apparel industry could take a hit of almost Rs 1 lakh crore due to the lockdown to contain the Covid-19 outbreak and a significant slowdown is expected in economic growth once the lockdown ends, according to a survey by the Clothing Manufacturers Association of India (CMAI)
Apparel production to fall 10-12% in Apr-Jun: KPMG
May 2020
India’s textiles and apparel sector production is expected to decline by 10-12 per cent in the April June quarter owing to the coronavirus pandemic, according to a study by KPMG in India.
Textile Industry: Locked down
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.
Malaysia’s MPMA, FMFTA gear up to address PPE shortage
May 2020
The Malaysian Plastics Manufacturers Association (MPMA) and the Federation of Malaysian Fashion, Textile and Apparel (FMFTA) are stepping up efforts to fill the supply chain gap for key personal protection equipment (PPE) in the country.
When will uncertainty end
May 2020
A survey conducted by International Textile Manufacturers Federation (ITMF) among global textile companies revealed that on average orders are down by 32 per cent and the turnover for 2020 is expected to drop by 29 per cent compared to 2019 due to Covid 19 pandemic.
Apparel sector could take a hit of Rs 1 lakh cr: CMAI
April 2020
The Indian apparel industry could take a hit of almost Rs 1 lakh crore due to the lockdown to contain the Covid-19 outbreak and a significant slowdown is expected in economic growth once the lockdown ends, according to a survey by CMAI.
Coronavirus impact on textile industry
March 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
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