Browsing: Industry Update

The event originally scheduled for September 2021, has been postponed to 25 – 27 November 2021. Due to the COVID-19 situation and its impact on safety, Messe Frankfurt India decided to reschedule Techtextil India.

Several textile, cloth and readymade traders in the state are in distress due to a fall in sales and income. Vijayawada, Guntur, Vizag, Kakinada, Kurnool, and Rajamahendravaram are the main areas that got affected.

Pakistan’s textile export saw a rise of 17.35% during the first ten months of the current year against the same time last year. As per Pakistan Bureau of Statistics (PBS), it saw a surge of 213% on a year-to-year basis.

The coronavirus pandemic affected all industries, including weavers and artisans comprising Anantapur district’s largest workforce. The apparel and textile parks being developed by the Andhra Pradesh government are incomplete.

Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.

Many PPE manufacturers in India have shared concerns regarding the safety protocols being followed in the making of PPE kits. Many manufacturers either don’t have BIS certification or lack testing labs on their premises.