Textile MSMEs face COVID-caused uncertainties again

Textile MSMEs face COVID-caused uncertainties again

The COVID second wave worries textile-based micro, small and medium enterprises that were just starting to touch their pre-pandemic production capacity.

Mumbai,
Maharashtra

The textile micro, small and medium
enterprises (MSMEs) had managed to recover up to 90% of their pre-pandemic
production capacity only recently and the second COVID wave is already threatening
their production again.

About 80% of businesses were
hit by the first COVID wave and their recovery began only in September. India’s
domestic apparel and textile industry contributes 2% to the country’s GDP and
12% to the country’s export earnings.

According to Ashok Juneja,
President, the Textile Association of India, more than 60-70% of the MSME units
were able to get back to their pre-COVID levels recently. However, this time,
he is uncertain how much the second wave will affect the production process.

India has emerged as the
second-largest manufacturer of PPE kits after the pandemic and right now, 600
companies are certified to produce PPEs.

Ashok Juneja added that MSMEs
have learned from the last year’s experience and are well-prepared to handle
lockdowns, labour migration, and night and weekend curfews. He also said that
entrepreneurs will be ready to pay full salaries to their employees and avoid
layoffs.

However, according to TK
Sengupta, past president of the Textile Association of India, in case of a complete
lockdown, the
production
capacity will fall
to previous levels.

Related Stories:

https://indiantextilejournal.com/latest-textile-industry-news/indian-textile-industry-badly-hit-by-covid-19-pandemic

https://indiantextilejournal.com/latest-textile-industry-news/tiruppur-textile-exporters-worried-about-lockdown-

https://indiantextilejournal.com/latest-textile-industry-news/covid-to-disrupt-global-textile-supply-chain–euratex

 

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (46)
  • comment-avatar

    non drowsy allergy medication canada allergy pills for rash top rated pill for itching

  • comment-avatar

    strongest sleeping pills for insomnia buy provigil no prescription

  • comment-avatar
  • comment-avatar

    best quick gerd relief medication buy cefadroxil tablets

  • comment-avatar

    prescription acne medication for adults cost prednisone 20mg benzoyl peroxide prescription strength lists

  • comment-avatar

    percription medicine for stomach cramps buy cipro no prescription

  • comment-avatar

    buy isotretinoin 40mg online cheap order accutane 20mg generic accutane 10mg tablet

  • comment-avatar

    buy sleeping tablets uk online buy sleeping meds online

  • comment-avatar

    zithromax price order azithromycin 250mg generic order zithromax 250mg pills

  • comment-avatar
  • comment-avatar

    azipro 500mg generic buy cheap generic azipro buy azithromycin without prescription

  • comment-avatar

    furosemide where to buy cheap furosemide 40mg

  • comment-avatar

    buy omnacortil 10mg online cheap order prednisolone 20mg for sale prednisolone oral

  • comment-avatar

    amoxicillin 250mg usa buy amoxil without prescription oral amoxil 250mg

  • comment-avatar
  • comment-avatar

    order ventolin 4mg for sale purchase ventolin pill buy albuterol paypal

  • comment-avatar
  • comment-avatar

    levothroid oral buy generic synthroid 75mcg levoxyl for sale online

  • comment-avatar

    how to get zanaflex without a prescription buy generic zanaflex online oral zanaflex

  • comment-avatar

    rybelsus brand purchase semaglutide pills semaglutide pills

  • comment-avatar

    amoxil 500mg usa amoxicillin over the counter buy amoxil medication

  • comment-avatar

    order ventolin inhalator online cheap buy albuterol pills purchase albuterol inhalator sale

  • comment-avatar

    order zithromax generic order zithromax 250mg for sale azithromycin tablet

  • comment-avatar

    clavulanate generic order augmentin 375mg amoxiclav pills

  • comment-avatar

    cheap levothroid online buy synthroid online cheap purchase synthroid

  • comment-avatar

    order generic gabapentin 100mg order gabapentin sale neurontin 600mg canada

  • comment-avatar

    cheap lasix 40mg buy lasix 100mg generic buy furosemide without a prescription

  • comment-avatar

    buy sildenafil 100mg generic order sildenafil 50mg online sildenafil 50mg us

  • comment-avatar

    buy semaglutide 14 mg pills buy semaglutide online order semaglutide 14 mg pill

  • comment-avatar

    casino game casino money play online blackjack for real money

  • comment-avatar

    order generic levitra vardenafil 10mg pill buy vardenafil cheap

  • comment-avatar

    pregabalin 150mg for sale pregabalin uk order lyrica generic

  • comment-avatar

    buy plaquenil no prescription hydroxychloroquine 200mg sale order hydroxychloroquine 200mg online

  • comment-avatar

    buy triamcinolone 10mg for sale order aristocort 10mg sale buy aristocort 4mg without prescription

  • comment-avatar

    order tadalafil 5mg levitra vs cialis order tadalafil 5mg without prescription

  • comment-avatar

    cenforce over the counter cenforce 100mg pills order generic cenforce 50mg

  • comment-avatar

    online canadian pharmacy reference
    canadian online pharmacy for viagra [url=http://canadianphrmacy23.com/]canadian pharmacies online[/url]

  • comment-avatar

    buy aralen 250mg pill buy generic aralen over the counter order chloroquine generic

  • comment-avatar

    metformin online order buy glucophage 500mg sale buy metformin 1000mg online cheap

  • comment-avatar

    buy norvasc 5mg sale norvasc 10mg uk norvasc pills

  • comment-avatar

    buy rosuvastatin 20mg without prescription purchase ezetimibe pill ezetimibe medication

  • comment-avatar

    lisinopril 2.5mg canada buy zestril 2.5mg online zestril usa

  • comment-avatar

    pharma from canada Canadian Pharmacies Online
    online pharmacy viagra [url=http://canadianphrmacy23.com/]www.canadianpharmacymeds.com[/url]

  • comment-avatar

    flexeril 15mg without prescription buy ozobax paypal lioresal price

  • comment-avatar

    metoprolol brand lopressor for sale generic lopressor

  • comment-avatar

    buy generic toradol 10mg where can i buy colchicine colcrys ca

  • Disqus ( )