MARKET & ECONOMY
With the Covid-19 situation prevailing in the world, the living and working conditions for the workers in the garment supply chains have caused an increase in the risk of forced labour.
Madurai small textile store owners have asked the government to allow them to operate for few hours on a daily basis so that they can come out of their financial problems.
Industrial Fabrics Association International, abbreviated as IFAI has launched an online community named ‘CONNECT’ to facilitate needful networking amongst industry folks.
GHCL, leading chemical & textile company in India, has been certified among the best workplaces in the Chemicals Industry 2021.
The price hike in diesel and petrol has caused inflation to increase by 25 to 30% after unlock. From July the rate of textile items will further increase by 10 to 15%.
With the Covid-19 situation in the US under control to some extent, export of readymade garments has risen to the US from various countries. Bangladesh could not take advantage of this and its exports have declined.
As per UNCTAD World Investment Report, 2021, FDI flows in 2020 to developing Asian countries increased by 4% and reached $535 billion while the global FDI dropped by 35% and has reached $1 trillion.
As per UNCTAD World Investment Report, 2021, FDI flows in 2020 to developing Asian countries increased by 4% and reached $535 billion while the global FDI dropped by 35% and has reached $1 trillion.
The stylish range of ethnic and glamorous sarees has been launched by a Mumbai based online shopping brand, Mirraw. The sarees are printed, woven, and embroidered.