As the Covid-19 situation is getting more complicated across Vietnam, the textile and garment sector is greatly affected. The sector might come down in the coming months.
Browsing: Textiles
Benefits of automation are clear and visible. However, capital intensive nature of the textile industry and lack of availability of funds are hampering adoption of automation in India. But Indian textile industry has no choice but to invest in modern technologies to stay relevant in the global textile value chain, says Rakesh Rao.
Due to the uncertain and unpredictable situation with regard to travel and event restrictions caused by the Corona-pandemic, the Board of the ITMF (International Textile Manufacturer Federation) together with the two co-hosts – Swiss Textiles and Swiss Textile Machinery – have decided to postpone the ITMF Annual Conference in Davos, Switzerland from September 26-28, 2021 to April 10-12, 2022.
The pandemic has brought about major changes across the globe. This health crisis has affected all across, manufacturing and textiles included. Volatility has become a synonym for market. However, there is a bright side to every challenge.
An unanticipated outcome of COVID-19 has been India becoming an alternative to China for buyers worldwide in the global textile supply chain. But can India take the lead and seize the opportunity?
Our history is a guiding force that we can achieve the target of making India a global hub for textiles and apparels. Our recent accomplishment of venturing into medical textile as a new entrant and dominating the segment gives us the confidence to become world leaders.
Leave aside socio-cultural prejudices and stereotypes, economically speaking, women have barely come to match the levels of workforce participation and benefits as against their male counterparts