The PLI scheme of the Indian government aims to strengthen the domestic textile industry by offering incentives to the manufacturing and exporting of some textile products that are made up man-made fibre.
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Snapdeal, an e-commerce company, announced that its sales in the fashion category have increased by 210% from January 2021 to June 2021.
Due to the tensions between the US and China linger and tariffs, Guess is relying more on supplies from India and Bangladesh.
The textile industry in Amritsar is facing a challenge of high raw material cost and low demand due to the current situation of Covid-19.
As per the statistics, the admissions to polytechnic colleges have been very few this year. The colleges in small towns are struggling to fill sanctioned seats.
The textile industry in Amritsar is facing a challenge of high raw material cost and low demand due to the current situation of Covid-19.
Steep increase in cotton prices will not only affect the industry and squeeze margins, but will also lead to higher prices in apparel and textile goods for domestic consumers, says Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA)