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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)
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.
1 crore job cuts likely in textile industry: CMAI
April 2020
There could be as many as one crore job cuts in the textiles sector, which has been severely hit by the ongoing lockdown, if there is no support and revival package from the government, according to apparel industry body Clothing Manufacturers Association of India (CMAI)..
Textile industry stares at Rs 12k cr loss
April 2020
While the Covid-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown.
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.
Industry on ‘wait-n-watch’ mode
April 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
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.
Budget 2020 FOCUS ON GROWTH!
March 2020
Textile industry has something to cherish in the Budget with the abolition of ADD on PTA imports, prioritisation of technical textiles sector, review of rules of origin in FTAs to curb imports from Bangladesh, and RoDTEP, NIRVIK and other measures taken.
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