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.
Textile and clothing industry has been the second worst impacted industry after travel and tourism, recording a whopping negative growth of 41% in the first 4 months of 2020. Some categories have witnessed worse performance than others, but the whole industry has been feeling the brunt. Only the category under ‘others’ managed to be in […]