Donear Group Companies has become the first textile company, in India, to introduce a revolutionary anti-viral fabric, under the brand GRADO.
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The importers of Vietnamese textile and garment products are opening opportunities for enterprises so as to boost production and expand the export market as the effect of the COVID-19 pandemic is subsidized.
The textile and garment producers in Ludhiana are relieved with the easing of lockdowns but with the fluctuating rates of yarn, they are worried. Yarn is the biggest raw material in the industry.
Though textile shops in Kozhikode are open following lockdown relaxations allowed by the state government, the footfall remains poor. The public is yet to get used to the concept of online shopping and home delivery.
Several textile, cloth and readymade traders in the state are in distress due to a fall in sales and income. Vijayawada, Guntur, Vizag, Kakinada, Kurnool, and Rajamahendravaram are the main areas that got affected.
The coronavirus pandemic affected all industries, including weavers and artisans comprising Anantapur district’s largest workforce. The apparel and textile parks being developed by the Andhra Pradesh government are incomplete.
As per Indian Ratings on Friday, it is expected that home textiles exporters will see a growth in the top and bottom lines on account of sustained demand. Stability in raw material prices will also help.