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Himanshu Fogla, Director, Jumac Manufacturing, speaks on how the company is meeting the challenges of the market’s demands today.
In 2019, the number of GOTS-certified facilities globally grew by 35 per cent, from 5,760 to 7,765 located in 70 countries.
Covid-19 is expected to lead to drop in the revenue along with moderation in profitability margins and debt coverage indicators apart from impacting the liquidity profiles of most of the companies engaged in the sector.
The sector has been under immense financial stress as operations have been curtailed due to the lockdown but overhead cost still remains to be borne by the companies.
The objective of the ZIM research project SAMStrick (ZF4018786CJ7) is the development of an innovative combination layer of tetragonal amorphous carbon (ta-C) and Diamond Like Carbon (DLC).