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Covid-19 impact: Apparel manufacturers report 84% drop in May sales, says CMAI

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New Delhi: India’s apparel manufacturers are not doing well for a plethora of virus-related reasons. A slump in domestic demand for apparel, closure of malls, the shift to making PPE products, and a delay in exports orders has led to a 84% year-on-year dip in sales in the month of May, the Clothing Manufacturers Association of India (CMAI), which represents over 4,000 manufacturers, said in a survey.CMAI members surveyed in the month of May spoke about "a stunning decline of sales".“Compared to the corresponding period of May 2019, the members surveyed indicated a drop of 84% over last year–and that too, primarily because some factories had started manufacturing masks and other PPE products," the association said in a note.With retail being.

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