The order intake in April was broadly based internationally with the main focus on Turkey, Uzbekistan and India. Order intake in the first half of 2021 is expected to be around CHF 800 million.
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US-based retailer Target Corporation completed a vendor re-empanelment process with Welspun Global Brands Ltd., Welspun India’s subsidiary, recently.
After the infamous Rana Plaza collapse incident, the global apparel brands entered into safety agreements with local factories in Bangladesh. One of the accords expired in 2018 while the other one is expiring by the end of the month.
Tamil Nadu government has made certain announcements for Micro, Small and Medium-scale Enterprises (MSMEs) that have been accepted by the industries in Tirupur and Coimbatore. He also assured vaccination for workers.
Cotton sowing in Punjab has been delayed because only 20% of the crop has been sown till May 10. Also, only 63,220 hectares of land has been used for sowing in Punjab, according to Punjab Agriculture Department.
According to a top official from Tirupur Exporters Association (TEA), the garment units in Tirupur will keep their shutters down from May 14 evening till May 24. This is being done to prevent the spread of coronavirus.
SRF Limited, India’s largest manufacturer and exporter of technical textile, has ordered two sets of R-200 Ring Twisting Machines worth around Rs 20 million.