NEW DELHI: The Indian fashion industry is on the verge of collapsing amid supply orders drying up from retailers that are already reeling under mountains of unsold inventories. Garment manufacturers said they received virtually no order from domestic fashion retailers in May and June, generally a busy time for businesses for the fall season, and that they don’t expect any significant improvement in July either. On Tuesday, several Twitter users shared a video showing a protest by hundreds of workers outside a Bengaluru factory that produced goods for retailers including H&M. “H&M cancelled orders and refused to pay for (the) work done,” a tweet said. An H&M spokesperson, in response to the tweet, said, “The drop in customer demand due to Covid-19 will inevitably impact suppliers. However, we are placing orders with this supplier and we fully stand by our responsible purchasing practices. We are in dialogue with the supplier and the trade unions to … [Read more...] about Indian fashion industry on the verge of collapse
