The textile and apparel industry holds a huge share of India’s export basket and has evolved over the last few decades. COVID-19 has disrupted the sector but it seems to be regaining lost momentum. This blog explores measures that the government can take to grow textile market share. The domestic...
As India endeavours to stem the decline in exports of key sectors like engineering goods, gems & jewellery, readymade garments of textiles and leather, it has an opportunity to capitalise on the positive trend in agricultural and pharma exports. India’s merchandise exports in September witnessed a 5.99% increase on a YoY...
A number of businesses had pivoted to the manufacturing of PPE kits during the lockdown period. Now, the lifting of export restrictions on N-95 masks could raise exports by Rs 1,000 crore annually, according to industry projections. India has lifted the restrictions on the exports of N95 masks on October...
Amit Shah, Joint President for Flexible Packaging Business at UFlex, elaborates on how the company quickly bounced back on its operations and delivered benchmark product innovations to fight the pandemic like the six-layered N95 mask, Flex Protect PPE coverall. Going forward, he expects the momentum achieved in the first quarter...
• All global efforts to cut down on the use of plastics were put on a halt with the onset of COVID-19. • According to UNICEF, during Q1 2020, the UN delivered over 6.4 million gloves, 1.8 million surgical masks, and 1 million gowns to countries across the world. Thanks...
Sourabh Manuja, Fellow, The Energy and Resources Institute (TERI), opines that though, there are numerous advantages of plastics in this pandemic era, we must not forget the consequences of growing plastic pollution on land and environment. Nevertheless, the solution is not to move towards ‘plastic less’; rather we should move...
Sanjiv Bhaskar, Vice President of Research – Chemicals, Materials & Nutrition, Frost & Sullivan – North America, opines that once Indian companies get in sync with standards and pricing, medical and industrial PPE is a fairly lucrative and stable market. Moreover, entering this segment opens up new opportunities in fields...
India has emerged the second largest PPE manufacturer in the world, but can it also evolve into a major export hub? India Business & Trade analyses the growth prospects and challenges for India’s budding PPE industry, as it prepares for the COVID-hit global market. • Post-COVID, there has emerged a...
Dr A. Sakthivel, Chairman, AEPC is confident about the potential of India in the global PPE market. But he asserts that strengthening the supply chain, with input suppliers like fabric, tapes and other accessories also following the required standards, would be critical for the PPE suppliers to meet the technical...
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