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 CMAI.
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India’s textiles and apparel sector production is expected to decline by 10-12 per cent in the April-June quarter owing to the coronavirus pandemic, according to a study by KPMG in India.
All vaccine candidates have also been approved by Italy’s Ministry of Health for preclinical animal testing that is scheduled to begin in late April 2020.
Face covers will be the face of the world in the fight against Covid-19.
The new plant will be capable of producing 50,000 tonnes of sustainable and innovative engineered nylon compounds each year.
If all goes well, Punjab’s struggle to get required number of personal protective equipment (PPE) kits and N95 masks for healthcare professionals fighting coronavirus will soon be over.
Between March 13-25, 2020, ITMF has conducted a survey among ITMF Members about the impact the Corona pandemic had on the global textile value chain, especially on current orders and expected turnover in 2020.