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Ludhiana garment exports on hold due to Coronavirus

The buyers of Ludhiana garment exporters in European countries, particularly those based in Italy, Spain and France, have put on hold the orders in view of COCID-19 outbreak. Therefore, garment exporters have either curtailed or halted production. As an industrialists says, if the situation does not improve soon, they will suffer unprecedented losses in coming days.

Italy, a big market for garments, there is complete shutdown of malls and shops in view of spread of Coronavirus. A number of importers have cancelled their orders. If the situation remains same in April, Ludhiana exporters will suffer losses worth crore of rupees. Buyers based in European countries like Spain and France have put their existing orders on hold. They are seeking more time to make payment of the already dispatched shipments due to the current situation.

 
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