Yarn price hike: According to industry sources, the production loss is estimated to be around Rs 165 crore due to the strike.

Moreover, assessing incremental turnover of companies, especially the unlisted ones, will be a herculean task, given the scope for manipulation between group firms, he added.

Smriti Irani highlights the ‘historic’ growth of the PPE sector during the pandemic

COIMBATORE: Several industry associations in the district hailed the State government for allocating Rs 6,683 crore for the Coimbatore metro rail project. A few,  however, criticised the lack of additional loan moratorium and special schemes for MSMEs.

Trade and industry welcomed the Interim Budget presented by the AIADMK government on Tuesday, saying it contained a lot of welfare measures and allocations of funds to all the departments.

New Delhi: Union Minister of Textiles and Women & Child Development, Smriti Zubin Irani inaugurated the 2nd edition of Global Textiles Conclave 2021 (CITI GTC2021) organised by Confederation of Indian Textile Industry on Wednesday, 24th February 2021 through a Virtual Platform.