Raymond MD Gautam Singhania on effects of pandemic on textile industry | India Revival Mission
He hits out at the sporadic lockdown that is being ordered by the govt. He says the pandemic is here to stay, however, consumption is being affected. He strongly advocates the markets to open up.
Selective opening of places is affecting the economy as a whole. He also shares that India has a much lesser strain of the virus than what is being propagated. Businesses cannot open until the govt opens up completely. Various sectors are reeling under the pressure of the lockdown. He also says IPL being held in UAE is a bad move. Bangladesh Textile industry was given a package in the pandemic but nothing is being provided in India.