Numerical

COVID Impact

Rs. 10,000 crore

Estimated losses incurred by manufacturers in the garment hub of Tirupur in the months of May and Jun 2021. According to Tirupur Exporters' Association, a majority of manufacturing units in the textile belt were closed for almost six weeks during the second wave. As a result, almost 10% of orders for the upcoming season were diverted to Bangladesh, Vietnam, Cambodia and China.

Last Modified: 07-Sep-2021 5:21 AM

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Posted by Numerical Team in Business & Industry

Tags Textile Industry Tirupur Tamil Nadu India COVID Impact

Source Business Standard | Shine Jacob