India's handloom, handicraft sectors have resilience to combat COVID-19 crisis setbacks. But they need calculated support
The handloom and handicrafts sectors will be drawing on their rich-but-checkered past, which previously saw them through prejudices and shortsighted policies, to work their way through the crisis posed by the coronavirus outbreak and lockdown as well.
Apparel exporters body AEPC on Monday urged the government to pay wages of workers, engaged in the sector, for April and May as the community is battling to deal with the lockdown due to Covid-19
India Inc on Wednesday backed the government's move to allow industrial units located in rural areas to function from 20 April, and said it will ensure preventive measures for Covid-19 while restarting economic activities
There could be as many as one crore job cuts in the textiles sector, which has been severely hit by the ongoing lockdown, if there is no support and revival package from the government, according to apparel industry body Clothing Manufacturers Association of India (CMAI)
Coronavirus Outbreak: Govt plans to resume limited manufacturing operations after 15 April, says report
The source said the government was considering allowing the resumption of some manufacturing operations under guidelines that were being drawn up.
Coronavirus Outbreak: DPIIT suggests Home Ministry permit limited activity in select sectors with safeguards
Big companies with proper sanitation and distancing norms in place in sectors such as textiles, automobiles and electronic manufacturing—20 percent to 25 percent capacity in single shift—may be considered to start with, according to the letter.
Coronavirus Outbreak: Exports sector may witness 15 million job losses, increase in NPAs, says industry body
About 15 million people face job losses in India's exports sector following cancellation of over half of the orders and gloomy forecast for global trade due to the Covid-19 pandemic, exporters' body FIEO said on Friday
Coronavirus Outbreak: Pandemic to hit MSME exporters more; likely to face labour issues, say trade experts
The sector also contributes about 25% to the country''s GDP (Gross Domestic Product) from service activities and over 33% to the manufacturing output of India.
Fundamentals of Indian economy strong, capable of achieving higher growth rates; aspirational targets essential to move ahead: Narendra Modi
Rejecting pessimism over the target of nearly doubling the size of the economy to $5 trillion, he said aspirational targets were needed to move ahead.
Less than 20 years ago, every house in Anakaputhur had its own handloom mill. The weavers' village has been left devastated by the Chennai floods of 2015, and lack of support from the state government
The Department for Promotion of Industry and Internal Trade (DPIIT) stepped in to change the conditions of tenders in order to promote 'Made in India' goods, a top official said.
Exports to hit $330 bn in 2018-19; nine sectors identified to achieve 16% growth this financial year: Suresh Prabhu
He said the country's merchandise exports have seen high growth in the past six years through sector-specific interventions, focused export promotion initiatives, and quick resolution of issues.
The recent reforms ushered in by the government are creating new livelihoods across existing and emerging sectors, with eight segments of the economy alone expected to create over 10 crore jobs by 2025, CII said on Thursday
Union textiles minister Smriti Irani says govt will identify powerloom clusters, launches project 'India Size'
The government is going to go ahead in a big way for skilling of powerloom sector, in synergy with CMAI, Irani said
Scientists experimented with graphene in the diets of silkworms to make stronger, conductive silk.
Juxtaposed with the textile collection at Dr Bhau Daji Lad Museum, the exhibition re-looks at the narratives invoked by a range of contemporary artists.
Embroidery, practised all across India from the Nilgiris in Tamil Nadu to Kashmir, is one of India’s traditional and under-appreciated professions
Minimum Support Price: Centre's move to hike MSPs makes industries dependent on agrarian produce vulnerable
The hike in minimum support prices (MSP) presents a very real problem for industries dependent on agricultural produce such as textiles and food processing.
On National Handloom Day on Tuesday, hundreds of weavers held protests at the NHDC headquarters in Greater Noida, demanding payment of outstanding dues and resumption of yarn supply.
The government had last month doubled import duty on over 50 textile products -- including jackets, suits and carpets -- to 20 percent, a move that is aimed at promoting domestic manufacturing.