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.
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In February, Pakistan surpassed India, Indonesia, and Vietnam in apparel and textiles export to the US.
Finland’s Infinited Fiber Company is set to invest Euro 220 million in a new flagship factory to meet the increasing demand for regenerated textile fibres.
The new sulphur dyeing process does not require water. BRFL Textiles will shortly increase efficiency of reverse osmosis unit from 50% to 90% resulting in recycling capability of 7.2 million litres of water per day
Birla Cellulose has won the Innovative & Sustainable Supply Chain Award of UN Global Compact Network India
While the global man-made fibre (MMF) garments trade stands at $ 200 billion, India exports only $1.6 billion of MMF garments.
Despite being the second-largest textile manufacturer in the world, India faces many challenges and competition, which can be resolved with central government incentives, structural reforms and lower import duty.