31% apparel units to shut down, 2.5 mn jobs at risk due to lockdown: CMAI

A study conducted by the industrial body says job losses in the textile value chain could be a staggering 10 million

Around 31 per cent of domestic apparel factories might close and about 2.5 million workers could lose jobs as a result of the extended lockdown, imposed to fight coronavirus disease (Covid-19), impacting their business, says a survey conducted by the Clothing Manufacturers Association of India (CMAI).
 

Around two-thirds of those who participated in the survey said they would not be able to pay wages for April, though 92 per cent paid wages and salaries for March. Job losses in the textile value chain could be around 10 million, they said.
 

With the extended lockdown and loss of sales during the