Among the COVID affected industries, Textile and Clothing is some of the worst affected. Calendar Year 2020 (Jan-Apr) has witnessed contraction in the international trade of more than 20%. At the same time, some product categories have seen unprecedented demand. One such category is textile based PPE. This product group has recorded month on month […]
Impact of COVID-19 on Top Textile & Apparel Exporters of the World Country Jan-Mar 2019 Jan-Mar 2020 Year to date(YTD) change Value Share (%) Value Share (%) Value value (%) share (%) China 54.5 44.4 44.7 48.0 -9.8 -18 3.6 Germany 9.8 8 6.5 7 -3.3 -33.6 -1 Bangladesh 10.3 8.4 7.7 8.3 -2.7 -25.7 […]
Textile mills must make efforts to understand the changing global context and consider macroeconomic indicators while formulating operations strategies. This article is an effort to highlight the source and kind of economic indicators that must be observed to gain insights in to the evolving market context.
The event was organised by India ITME Society, an apex non-profit industry body in India and co-organised by Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA).
‘ITME-AFRICA 2020’(14th to 16th February 2020) in Addis Ababa, Ethiopia shall become the focal point and catalyst for economic growth, employment generation and technology up-gradation in Ethiopia and other countries in Africa.