According to CARE Ratings, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of rebate under RoDTEP.
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According to the rating agency, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of rebate under RoDTEP.
Outbreak of COVID 19 has caused catastrophic global economic downturn not seen any time during The Indian Textile Journal’s 131 years of existence. Factories had to remain closed for several days due to government’s lockdown orders and when allowed to reopen, they are running at just 30-40 per cent capacity due to lack of demand.