Covid19 effect: Study finds a massive 84% dip in textile sales
Shortpedia
Content Team
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According to a Clothes Manufacturing Association of India (CMAI) survey of around 1,000 factories, the apparel sales have plunged to a historic low of 84% because of the Covid-19 pandemic and the lockdown imposed in late March to check its spread. Only 22% of the factories were functioning by the May end while 40% of them manufactured personal protection equipment. The textile industry contributes 4 to 5% to India’s GDP.
