In ‘City of Apparel’, warehouses are empty, Retail News, ET Retail

Davida Erdahl

A 12 months soon after lockdown was announced, all-around 250 warehouses that were when factories for garment exporters, are even now on the lookout for tenants.

With staff leaving for their hometowns and intercontinental orders drying up, for most manufactures in the “City of Apparel”, covering even the bare minimum prices has been an uphill process.

“The most affected ones were the brands who experienced rented warehouses. Personnel left and a number of orders were cancelled. It was a problem to shell out the establishment prices. Some people today hung all-around for a although and then shut shop. About 250 garment corporations have shut all across Noida in the previous one particular 12 months,” mentioned Rajiv Bansal, National Secretary, Indian Industries Affiliation (IIA), who is also a Noida-based mostly garment maker and exporter.

Noida has all-around 1,five hundred garment exporters and only a handful of who experienced their individual factories,

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