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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.
Industry on ‘wait-n-watch’ mode
March 2020
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
AI techs can boost global GDP by $15.7 trillion
February 2019
Artificial intelligence technologies could increase global GDP by $15.7 trillion, a full 14 per cent, by 2030.
7.6% GDP predicted
May 2018
India's economy is projected to grow 7.6 per cent in fiscal year 2018-19, remaining the fastest growing economy in the world, as robust private consumption and benefits from past reforms help the country's GDP gain momentum, according to a UN report
Industries’ investments fall for 2nd year
February 2017
Industries continued to shy away from investments in 2014-15, showed comprehensive data released by the Central Statistics Office.
New investments towards value addition
December 2016
Potential for shuttleless weaving machines is still enormous to reach an equilibrium with the excess spinning capacity, feels Navdeep Singh Sodhi.
Indian textile industry: The next decade
October 2015
Textiles is India´s foremost manufacturing industry and has a significant impact on the economy since it contributes to industrial output, employment generation and the export earnings of the country. With contribution of about 14 per cent to the industrial production, 4 per cent to the GDP and 13 per cent to the country´s total export earnings, the industry provide direct employment to over 45 million people.
Impact of recession on textile sector in India
October 2015
The 2008 recession was another defining moment in the life of Indian textile industry, and a study by Rajan Nagpal & Ronak Agarwal reveals the effect of the slowdown on the return on equity % and the profit margin % of the major textile firms following that period.
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