The brutal second wave of COVID-19 has delayed full recovery and added to the perils of a majority of the Garment Manufacturers in the country. According to the Clothing Manufacturers Association of India (CMAI)’s Survey conducted at the beginning of May 2021, a majority of Manufacturers (55%) are down to 25% of pre-Covid sales during April 2021. This, after the industry, which went through a torrid time last year, was just about recovering at the beginning of 2021, reaching close to 80% of its pre-Covid sales levels.
Fresh lockdowns being imposed across the states have gravely impacted employment in the sector with several small players closing down their businesses and labourers returning to their hometowns in the wake of looming uncertainties.
This story is from the May 2021 edition of Apparel.
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This story is from the May 2021 edition of Apparel.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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