Indian Denim Industry under Stress

Publish Date : Dec-09-2017

“Post G.S.T., the Denim Industry has temporarily closed down approx. 30-40% capacity across the board and at present operating at approx. 60% to 70% capacity due to slow-down in demand and over capacity situation in the Industry. Presently, the Industry is bleeding and if present situation continues there can be more production cuts.” D.M.A. Chairman Mr. Sharad Jaipuria said. “Besides over capacity- For more detail click on below image and download PDF