COVID-19 is hitting every industry in the world. The Indian Apparel industry is being hit quite badly and this is bad news because it has a lot of labor involved in the production and supply chain. Apparel Export Promotion Council (AEPC) is saying that roughly 65% of payments of apparel exporters ($2 billion which is about Rs 15,300 crore) is blocked with the foreign buyers. They have not paid for 2-3 months of shipments now.
The lockdown across the geographies have led to the following issues:
Foreign buyers are postponing orders,
While asking for hefty discounts
Goods in transit goods are not moving
Those already dispatched are also finding no takers on various foreign ports
Buyers have been either canceling or postponing the shipments and these cancellations and postponement of shipments have resulted in packing credits getting eroded. One has to remember that in today’s world, apparel products are tailor-made, and are made per specific designs and fashion of the day. Because of that they are really perishable and they cannot be used the next year. With almost zero salvage value, the stocks on hand become redundant.
Pakistan has used terrorism and madman brinksmanship to paralyze India's responses, until the Modi government called out its bluff through evolving actions - Surgical strikes, Balakot, and Operation Sindoor. Pakistan will not stop. So can't India. A deep analysis.
Disparagement humor is a built and financed weapon. It boxes a people with a label, hardens the label into stigma, and makes the sacred laughable until a civilization forgets why it was worth saving. Rome never learned this lesson. However, India needs to. Ask - Who is paying for the laughter?
India's exam crisis is real. NEET leaked. JEE was hacked. CBSE's answer sheets were blurred. But the movement built on student anger arrived too organized, scaled too fast, and demands regime change — not reform. A sixty-year-old doctrine explains exactly what is happening.
For eighty years, the cross and the agency have traveled together. Missionaries mapped territories, pacified populations, and laundered political operations as charity. When India asks where was the money used, Washington sends a Secretary of State to make the question stop.
As Ukraine strikes deep and Russia feels the walls closing in, every move becomes a signal. Schelling explains the dance of coercion. Fearon explains why peace is so hard. When perception drives decisions and time is the enemy, wisdom may be the only path that prevents catastrophe.
Pakistan has used terrorism and madman brinksmanship to paralyze India's responses, until the Modi government called out its bluff through evolving actions - Surgical strikes, Balakot, and Operation Sindoor. Pakistan will not stop. So can't India. A deep analysis.
Disruptive promise of and June 12th US ban on Mythos shook the world. There are competing AI visions - Krishna vs Clarke. Convergence of Quantum, AGI/ASI and Crypto may unprecedentedly destroy our world if not enslave humanity.
Musk promises abundance for all. A Scottish earl explained 200 years ago why the machines that make everything will make their owners richer than ever, and everyone else dependent. The real question was never the size of your ration. It is who owns the river, and who holds the rod above him.
