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How is India's textile and clothing industry affected by the epidemic?
Release Time:2021-05-30   |    Article Source:Sinoneedle Precision

The COVID-19 epidemic in India is not only a drag on the country's economic recovery, but also affects the supply chain of many industries around the world, and the textile industry is one of them.
On May 28, Indian clothing export industry insiders said that affected by the blockade measures during the epidemic, India's clothing industry exports shrank seriously, reducing India's clothing industry exports by 24% in 2020. In the new round of epidemic, Indian companies have lost a large number of clothing export contracts because workers are unable to get to work. Exports from the hosiery center in Ludjana, a city in the northern Indian state of Punjab, fell by 35%.

According to relevant data, in the clothing cities of Delhi and Bangalore, the absenteeism rate of workers in the clothing industry is as high as 50%. Industry insiders said that orders are usually issued at this time of year at this time, but now all kinds of buyers are more cautious. In Noida, a clothing export hub in the Indian state of Uttar Pradesh, the head of a local clothing export group said international buyers had lost confidence in India because of the epidemic.

Recently, it has been reported that a large number of Indian textile orders have been transferred to the Chinese market.

In fact, as early as October last year, there were signs of a second epidemic in India, and many textile orders turned to China.

A textile factory in Hebei said that since September 2020, the company's overseas orders on the Internet platform have increased rapidly, mainly from the Indian market, with orders for 2 million towels in one month alone, twice as many as in the same period last year.

Blum Oriental insiders said that the company accepted a wave of return orders in the second half of last year, and the company's orders have been very good since the fourth quarter of last year, close to full production.

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