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Indian Garment Sector Faces $3 Billion Virus Impact, Survey Says

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

The average garment factory in India has had nearly $1.5 million worth of orders cancelled or put on hold, a new survey says, which could equate to a $4.17 billion impact nationwide. “Measuring Impact of Corona Pandemic on Indian Apparel Export Industry,” conducted by Rajesh Bheda Consulting (RBC), gauges and illustrates the wide-reaching effect of…

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