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Textile sector to recover to pre-COVID levels by FY2022
ICRA, a leading rating agency, said that the textile industry’s performance will go back to pre-COVID levels in the next fiscal year owing to increase in demands from the domestic as well as export markets.
Changing scenario of textile
As you can see changes are happening on micro and macro scales. So how to map the scenario or vision is a very difficult task, writes Avinash Mayekar.
TEA appeals spinning mills to continue to supply yarn
Tirupur Exporters Association (TEA) appealed spinning mills to not stop the supply of cotton yarns as it’s affecting apparel units. The mills are not taking any new orders and have stopped production said President, TEA in a letter to associations.
Indian garment & textile industry must re-weave itself
“New trends will shape the future of Indian textile and apparel segment in the coming period. Businesses that can recognise the ebb and flow of the market and focus on adopting sustainability and recyclability in their business models will bounce back more strongly," says Raj Manek.
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