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Fibre2Fashion surveying impact of Covid-19 on T&A industry

09 Apr '20
1 min read
Pic: Shutterstock
Pic: Shutterstock

Fibre2Fashion, which has been serving the global textile-apparel-fashion industry for nearly two decades through its online platform and monthly magazine, has begun a survey titled 'Impact of Covid-19 on the textile & apparel industry'. The survey is significant as it will gauze the pandemic's impact on manufacturers' revenue, export, employment, etc.

India is one of the world's largest textiles and apparel producing countries. The sector accounts for 13 per cent of the country's industrial production and contributes 12 per cent to the nation's export earnings. The industry is the second-largest employer in the country, next only to agriculture, and provides employment to 45 million people.

The ongoing Covid-19 pandemic has brought virtually all activities like production, logistics, and retail sales to a grinding halt throughout the world. It is an unprecedented situation, and it is essential to measure its impact and estimate the losses, in order to help the government and other planners take appropriate steps to minimise the losses. Fibre2Fashion's survey will go a long way in this cause.

Click here to participate in the survey

Fibre2Fashion News Desk (RKS)

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