The sector has been under immense financial stress as operations have been curtailed due to the lockdown but overhead cost still remains to be borne by the companies.
Browsing: MSME
Indian apparel businesses could face up to 40 per cent loss of revenue and many smaller players are contemplating closure.
Majority of India’s businesses are small  99 per cent of them have an
annual revenue of less than Rs 2.5 billion.
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
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The Micro, Small, and Medium Enterprises (MSME) sector is expected to contribute significantly to achieving the government’s target of building 40 gigawatt (GW) of the rooftop solar capacity by 2022.