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

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

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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