The Indian textile export industry has been hit the most among the many industries in India, which are facing the brunt of travel and export-import restrictions imposed due to the outbreak of the deadly novel coronavirus in China.K V Srinivasan, Chairman of Cotton Yarn textile exports promotion council, told ANI, "Coronavirus was unexpected. We are yet to judge the full extent of the problem as the Chinese markets were closed for the Chinese New Year. They were supposed to have had opened now during this week. The latest information we got is that they have been asked to close for another 10 days.""We are also trying to understand the full implication of the coronavirus in the industrial activity in China because people are saying that a lot of factories have closed down," he added.China is an important market for Indian textile export, particularly for raw cotton and yarn. In cotton yarn, India's monthly export is around 90 million kg, of which 30 per cent is exported to ...
