Indian apparel businesses could face up to 40 per cent loss of revenue and many smaller players are contemplating closure.
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South India’s cotton knitted garments capital, Tirupur, is struggling to step up production as demand for personal protective equipment such as masks and bodysuits has thrown up a $2 billion business opportunity.
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.
Women empowerment and gender equality are particularly important for industries as standing up against the malpractices and working towards equality is a win-win situation for every organisation.
Ashwin Chadran of SIMA has stated that the Ministry is also planning to launch a scheme “Nirmal Cotton Mission†with CCI as a nodal agent that would go a long way to make Indian cotton to become the best quality cotton in the world.
Ashwin Chadran of SIMA has stated that the Ministry is also planning to launch a scheme “Nirmal Cotton Mission†with CCI as a nodal agent that would go a long way to make Indian cotton to become the best quality cotton in the world.
CITI organised an interactive meeting with Ravi Capoor, Secretary, Ministry of Textiles, Government of India with the office-bearers of 48 textile Associations in South India representing the entire textile value chain.