In the Covid-19 pandemic year, the cotton value-chain, like others, has faced unprecedented disruptions. The industry was expected to have a decrease in the production and consumption owing to the Covid restrictions. Yet the cotton textiles supply chain in India has shown resilience, as the cotton consumption in the country during 2021-2022 is expected to reach around 26 million bales which is at par with pre-Covid consumption levels.
The COVID pandemic has had a particularly harsh impact on the garment sector. Expenditure on clothing has plummeted to an all-time low as people spend more time at home, thus putting apparel brands and retailers at risk. As the value chain is spread around the globe, the sector has been impacted around the world and particularly in India.
Contrary to the structure of most consulting firms, Texcoms Textile Solutions (TTS) was founded with an entirely different perspective of the consulting terrain.
As you would know, most management consulting firms function on the back of fresh graduates from academic institutes or people with a few years of industry experience but we believe that one cannot be considered qualified enough to offer advice until having had considerable industry and problem solving experience.
In our case it happens to be more than three decades of experience each senior member brings on board.
TTS offers services centered around value chain studies, operational excellence, strategy for companies and countries, besides serving specific needs of the industry. In this series of communications we will share collaterals about our services over the coming weeks. We start with Build-Operate-Transfer Services.