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.
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After a 56 years’ long journey, BASANT Wire Industries P. Ltd has changed its name to reflect its current business profile and more focus of solutions and service as compared to only products.
Innovations in spare parts and tools for KARL MAYER machines.
In the wake of COVID-19, GRADO has come up with NEO TECH® technology wherein the products are high quality, utilitarian and have a shield against bacteria and viruses alike.
Covid-19 virus that has thrown the economic activity out of gear across the world has also halted the Indian textile industry to a grinding halt.
Indian apparel businesses could face up to 40 per cent loss of revenue and many smaller players are contemplating closure.
The Textile Ministry has procured 1,30,000 coverall suits from Indian producers amid a shortage of the protective gear being used by health care workers while treating coronavirus disease patients.