Against the backdrop of the ongoing Covid-19 pandemic, the International Textile Manufacturers Federation (ITMF) has urged governments across the globe to increase the support to their respective textile and apparel industries.
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While the Covid-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown.
The Union Ministry of Textiles has announced a new regulatory framework for the production of personal protective equipment (PPE) units after reports merged that Indian manufacturers, who failed laboratory tests, have sold their rejected products to a section of private hospitals.
Milliken & Company, a global textile manufacturer, has announced that it is leveraging its materials science expertise to manufacture personal protective equipment (PPE) for the healthcare industry amid the Covid-19 global pandemic.
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.
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.
Indo Intertex 2020 and its co-related events, originally scheduled on 14-17 July 2020, is postponed to 2021, its organiser Peraga Expo has announced.