In a meeting held on Wednesday, BSE said that it has joined hands with Dun & Bradstreet Information Services India to create an ecosystem to help small and medium enterprises grow. The entities have also signed an MOU.
Browsing: small and medium enterprises
On November 11, 2020, The Union Cabinet gave its approval to extend the production-linked incentive (PLI) scheme to textile products along with nine other new sectors entailing an additional financial outlay of Rs 1460 billion over a 5-year period.
Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Prime Minister and Union Textile Minister for including textile industry and allocating budget for improving manufacturing capabilities and boosting exports.
Edge Controller, a powerful factory automation solution from B&R makes it possible to have complete command over textile process chain.
Let’s take a look at how the various State governments are working in managing the health crisis with a view on reviving their economies, following the MHA’s guidelines.
There could be as many as one crore job cuts in the textiles sector, which has been severely hit by the ongoing lockdown, if there is no support and revival package from the government, according to apparel industry body Clothing Manufacturers Association of India (CMAI)..
The Indian apparel industry could take a hit of almost Rs 1 lakh crore due to the lockdown to contain the Covid-19 outbreak and a significant slowdown is expected in economic growth once the lockdown ends, according to a survey by CMAI.