In domestic sector, 20 per cent apparel manufacturing companies are expecting to close down, and 80 per cent companies feel that they are unlikely to retain the current work force without government support.

This time, the Minister has specifically requested the handicraft buyers to not cancel a single order.

In a video message, the minister said, “It is my appeal to buying houses and buyers, with folded hands, to not cancel a single order. Delivering schedules can be reworked, payment plans can be extended.”

Apparel manufacturers, especially exporters, are claiming that it is the most severe crisis they have ever seen in their lives. Some exporters have hinted that they are thinking of consolidation and can close few factories if the critical s

Another year gone and another opportunity missed! Though India marginally surged by 3.56% in its apparel export in 2019, setback is that it witnessed drastic fall in major apparel export destinations.

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