Manufacturers in the garment industry fear the problem of dead inventory due to order cancellations and contemplate the reduction of workforce. More than 20% believe the industry will begin to recover only in 2022.
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“New trends will shape the future of Indian textile and apparel segment in the coming period. Businesses that can recognise the ebb and flow of the market and focus on adopting sustainability and recyclability in their business models will bounce back more strongly,” says Raj Manek.
A significant event in the textile trade calendars, the 2021 edition will be held alongside yet another premier fair for screen, textile, sublimation and digital printing technologies – Screen Print India thus bringing the entire textile value chain together for business through their new hybrid format.