Sectors already identified by the Department of Promotion for Industry and Internal Trade (DPIIT) in consultation with other ministries include capital goods and machinery, mobile and electronics, gems and jewellery, pharmaceuticals, textiles and garments.
Browsing: Industry Update
Textile manufacturers in Belarus are planning to explore new partners and step up exports to the European Union (EU), according to Tatyana Lugina, head of Belarusian light industry concern Bellegprom, who recently noted that the 2020 targets have to be met despite the industry situation being tough due to closed borders, falling purchasing power and other reasons.
Vietnam’s textile and apparel export turnover in 2020 is expected to reduce by a fifth compared to 2019 figures, according to the Vietnam National Textile and Garment Group (Vinatex), which feels the demand will recover from the third quarter.
Huntsman Textile Effects and Bao Minh Textile are collaborating to produce fabric that meets stringent performance standards required for isolation gowns.
With India losing its competitive edge in global textile and apparel sector, the government has decided to engage a consultant to improve the county’s performance.
The ITJ webinar assesses the strengths and weaknesses of Indian technical textiles industry and new global opportunity before the industry in the post-COVID scenario.
Even as the state government relaxed lockdown guidelines for industrial units to improve economic activity across the state, Surat’s Rs 50,000 crore MMF industry is still grappling to resume operations.