Page 2 - Garment Manufacturing

Monte Carlo hits record high; stock surges 16% in a week on robust Q1 sales

The company said it continues to witness encouraging trends via their online channels, and remains confident of their long term sustainable and profitable growth ahead

Why is Ludhiana's apparel industry staring at losses?

Ludhiana's apparel industry, which churns out most of the country's readymade garments, is losing revenue. Two months of lockdown in China's Shanghai has brought the industry on its knees.

Cotton rally squeezes Asian garment makers, threatens recovery from Covid

Losses have mounted for garment makers in Asia, among the region's top employers, with some smaller units suspending operations

Covid cuts Tirupur garment hub biz, 10% orders go to other nations

According to Tirupur Exporters' Association, the industrial belt has seen a production loss of about Rs 10,000 crore during the last two months due to stoppage of manufacturing

Factory reset: Okhla MSMEs limp back, garment units still ailing

Export logistics are troubling many industries. While some are facing container shortages, others are looking at increased freight costs in key markets

Garment Mantra acquires 83.8% stake in Jannat Fabrics, to pick up 100% soon

The management is expecting to acquire 100 per cent stake in the next few months to make it a wholly-owned subsidiary of Garment Mantra.

Garment exports begin to see revival, September fall lowest in 5 months

Garment exporters have started seeing the revival of demand, which in turn has increased capacity utilisation to around 60-80 per cent

Unlock: Major garment export factories back to 60-80% capacity utilisation

The development comes months after shipments were kept on hold by international customers due to lockdown imposed in their respective countries

Study paints grim picture for garment sector with likely job cuts, closures

74% of its respondents see a 90% drop in sales for the quarter ending June 2020

Asia to remain dominant player in garment sector in coming decade: Report

It identified India and Indonesia as potential recipients of manufacturing shifts and growth in terms of global apparel export share

Covid-19 to shave off over a third of apparel retailers' revenues

While operating profitability is likely to be impacted by around 200 bps, absolute fall in operating profits will be much sharper, necessitating additional funding

Satyender Jain tests negative for Covid-19; discharged from hospital

The 55-year-old minister was shifted to the ICU of Max Hospital, Saket, on June 19 after his condition worsened

Home furnishing units will recover faster than garments: CRISIL SME Tracker

While demand for the home furnishings segment (SME share is 70-80 per cent of Rs 700 billion) is expected to decline as well, we expect the segment to pick up sooner than garments

Only 22% garment units running despite easing of lockdown, says survey

The units are mostly operating at 25% capacity, and many of them are making masks and PPEs to cash in on the Covid-19 market

UP maps migrant skills, aims to clones textile story of Vietnam, Bangladesh

Over 12,000 workers found to be trained in garment making and tailoring so far; more than 2.3 million have returned to UP from different states

Garment units at Tirupur get go-ahead, will resume operations on Wednesday

Industry to commence production at 25% capacity for next few weeks; liquity a greater issue than manpower availability

Garment manufacturers urge govt to support garment retailers, traders

The additional loans backed by the government guarantee and requiring no collateral or guarantee of the MSME, will enable many of its members to get the much-needed working capital assistance

Tamil Nadu industries resume production, slow and steady

Automobile companies use half of their workforce and ensure social distancing as lockdown is eased

Tirupur garment units may not resume work before May 6 over scrutiny issues

District admin portal being updated, go-ahead only for for exporting units, buying offices, export offices and export-related job work units

Bangladeshi garment export faces $6 bn hit as world retailers cancel orders

Garment exports accounted for $34.12 billion, or 84% of the country's overall exports of $40.53 billion, in the fiscal year ended June 30, 2019.