Apperal & Garments

31 % of Apparel Manufacturing MSMEs likely to Shut Down Operations Due to COVID-19 Outbreak

''MSME businesses are seeing no future and are wanting to shut operations. Considering that close to 8 million people are employed by the Domestic Apparel Industry, almost 25 lakh workers will be out of job. The job losses in the Textile value chain will compound further and almost 1 crores job may be lost in the Textile Value Chain,'' CMAI said.