Second Wave Of COVID-19 Unlikely To Severely Impact Textile Sector: Report

The ongoing second wave of the COVID-19 pandemic in the country may slightly impact the textile sector's demand and supply in the first quarter of the current financial year, according to rating agency Indian ratings and Research (Ind-Ra). The supply chain is impacted by local lockdown restrictions across many parts of the country, especially at major textile hubs including Ludhiana, Tirupur, Bhilwara, and Surat. The lockdown has res...