Rieter posted an order intake of CHF 975.3 million in the first half of 2021, an increase of 289% compared to the previous year period. The global recovery is based on a catch-up effect relating to 2019 and 2020 and a regional shift in demand.
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Rieter posted an order intake of CHF 975.3 million in the first half of 2021, an increase of 289% compared to the previous year period. The global recovery is based on a catch-up effect relating to 2019 and 2020 and a regional shift in demand.
Rieter posted an order intake of CHF 975.3 million in the first half of 2021, an increase of 289% compared to the previous year period. The global recovery is based on a catch-up effect relating to 2019 and 2020 and a regional shift in demand.
According to A Sakthivel, Chairman, Apparel Export Promotion Council (AEPC), India’s merchandise exports are going to touch $400 billion this fiscal year.
COVID-19 has severely affected the garment industry, with exports dropping and 20% of people losing their jobs. AEPC has requested the government for an essential service tag that will free them from lockdowns.
While European textiles and clothing companies have been crucial in providing short-term relief in the crisis, such as converting their production or an increased production of PPE, now long-term goals need to be tackled that involve a renewal process of the sector and its value chain and a more competitive and greener future.
Stating that the falling exports of cotton textiles is a matter of deep concern, The Cotton Textiles Export Promotion Council (TEXPROCIL) has appealed to the government for policy support.