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Apparel sector could take a hit of Rs 1 lakh cr: CMAI
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)
1 crore job cuts likely in textile industry: CMAI
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)..
Gandhi Automations bags WASME Award
The World Association for Small and Medium Enterprises (WASME), a global non-profit organisation, has been spearheading the cause and development of Small and Medium Enterprises (SMEs) world over since its inception in 1980.
S Korea-GCCI pact on textile
The Gujarat Chamber of Commerce and Industry (GCCI) recently signed a memorandum of understanding with an official delegation from South Korea led by the country’s consul general in Mumbai Kim Soungeun for cooperation between small and medium enterprises (SMEs) in Gujarat and Korean firms, with a focus on automobile, defence, chemicals and textiles sectors.
Giriraj Singh is new MSME minister
Giriraj Singh, who represents Nawada (Bihar) Parliamentary constituency in the 16th Lok Sabha, has taken charge as Minister of State (Independent Charge) for Micro, Small and Medium Enterprises (MSMEs).
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