Impact of COVID-19 pandemic on textile industry in Panipat

Last Modified: Wed Apr 22 2020 17:05:56 GMT+0530 (India Standard Time)
  • 400
    Number of textile export houses operating out of the 'Textile City'.
  • Rs. 8,000 crore - Rs. 10,000 crore
    Estimated annual earnings from exports. With Rs. 27,000 crore coming from the Indian (domestic) market, the total annual turnover from industries operating in the city is estimated to be over Rs. 35,000 crore.
  • Rs. 2,000 crore
    Worth of orders, approximately 20% of total export orders, have already been cancelled by due to COVID-19 pandemic.
  • Rs. 1,500 crore - Rs. 2,000 crore
    Worth of orders are lying ready for dispatch in factories. "Overseas customers were demanding immediate dispatch of their merchandise and if these ready goods were not immediately sent, these orders will also be cancelled. Some big chains are open in the USA and even in European countries and Australia and were demanding their merchandise.” - Lalit Goyal, president of Panipat Exporters’ Association.
  • 40%
    of units are ready to restart their industries by May 20 based on guidelines issued by the Revenue and Disaster Management Department that were received on 19 Apr evening and were being studied. Any industrialist or exporter wanting to resume operations has to apply online on a state government portal, which would be functional in a day or two. Other industries are likely to decide on their re-opening around 03 May.