Tamil Nadu government has decided to shut down the garment manufacturing units that are involved in exports to global markets as the number of coronavirus cases is increasing in the garment factories in Tiruppur district.
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The garment exporters in Noida and Greater Noida are losing 20% of business orders to Bangladesh, Sri Lanka and Vietnam. NAEC claims factories are now left with just 40-50% workers after migrant workers left the city.
In this interview, Chirag Pittie, Director, SVP Global Ventures Ltd, highlights on the changing dynamics of the spinning industry in India and how his company is gearing up for the future.
In this interview, Akhil Jain, Executive Director, Madame, shares details about the evolving knitwear market and how innovation is key for success.
In this interview, C Kamatchisundaram, VP – Textile Machinery Division (TMD), Voltas Ltd, explains the importance of modern technologies for Indian spinning industry for maintaining productivity at highest levels.
Dark clouds of lockdown are back with the Tsunami of Covid 19 cases resurfacing across the country. With major textile producing states – Maharashtra, Tamil Nadu and Gujarat – under lockdown, the industry is staring at huge losses again this year.
The increased number of Free Trade Agreements has increased export orders and hence created a recruitment demand in Vietnam. There has also been a demand for IT personnel from the country, thanks to outsourcing.