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Lockdowns tugging at garment inc already hanging by thread, Retail News, ET Retail

Davida Erdahl

Ludhiana: Partial and complete lockdowns in several metropolitan areas of other states have produced city industrialists, in particular all those in the garment sector, nervous.

Businessmen say their customers in other states have asked them to slash down the amount of already-placed orders or delay the dispatch, and it is really very likely that complete cancellations will observe. The purpose is reduction in product sales due to the closure of stores and malls on account of lockdowns. In desperation, some businessmen—who are dealing with customers in Delhi and Mumbai exactly where complete closure of stores and malls have been ordered—have slash down their production.

Harish Kairpal, finance secretary of Knitwear Club, suggests, “In Maharashtra, all non-vital institutions have been closed until May possibly 1 and in Delhi, very similar circumstance prevails with procuring malls shut until April 30, besides the weekend curfew. In other states as well very similar lockdowns

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