One of the largest apparel manufacturers Arvind s chief strategy officer Samir Agarwal told analysts a fortnight back that the inventory correction cycle, which was playing out for the last 2-3 quarters, has tapered off and its customers have begun fresh buying discussions. "Although they are going to buy in small lots and closer to the actual demand, those discussions have resumed," he said.
To the outrage of the workers and trade unions who have been demanding a minimum wage of Tk 23,000-25,000, the wage board for the garment sector has announced a pitiful amount Tk 12,500 as the monthly wage.
The "Global 3D Woven Fabrics Market: Analysis By Product Type, By Fiber Type, By End-User, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2028" report has been added to ResearchAndMarkets.com's offering.
ERP SYSTEM FOR SUPPLIER INTERGATION dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.