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India’s Textile Units Brace For Many Layers Of Uncertainty

The story of each individual textile business, when added together, will make for a much larger problem for the Indian economy.



A weaver is seen through threads of Eri silk as he operates a wooden handloom at a mill in Udalgudi, Assam (Photographer: Udit Kulshrestha/Bloomberg)
A weaver is seen through threads of Eri silk as he operates a wooden handloom at a mill in Udalgudi, Assam (Photographer: Udit Kulshrestha/Bloomberg)
Rajesh Masand, like many others, had an inkling of what was coming when Prime Minister Narendra Modi addressed the nation on March 24.Country after country had seen the novel coronavirus spread rapidly across borders, forcing draconian restrictions on movement of citizens and shutdowns across businesses. India was unlikely to remain immune.Yet when Modi announced a 21-day nationwide lockdown, he was surprised at the severity of the r...
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