Even after the disruptions caused due to the lockdown, cotton prices are trading at all-time highs. This is because the demand for cotton has been strong and the Indian mills are holding more than 100 days of inventory.
Browsing: Industry Update
Due to the lockdown in many states in the country, India’s retail business has dropped by 79% in May as compared to the same figure during the pre-pandemic times of 2019, says the Retailers’ Association of India.
Due to the lockdown in many states in the country, India’s retail business has dropped by 79% in May as compared to the same figure during the pre-pandemic times of 2019, says the Retailers’ Association of India.
The textile traders in Madurai have sent a letter to Tamil Nadu Chief Minister M Stalin requesting him to permit them open the trade as many workers are badly affected due to the lockdown.
The value-added textile exporters seem to be dissatisfied with the Federal budget as not enough relief has been given to the zero-rated regimes.
ANDRITZ, an International technology Group, has received a repeat order from Zhejiang Saintyear Textile Co Ltd to supply a second high-speed spunlace line for premium-quality nonwoven goods.
The value-added textile exporters seem to be dissatisfied with the Federal budget as not enough relief has been given to the zero-rated regimes.