Courtesy: AEPC
India’s apparel production has shown a decline of 4.7 per cent in the month of February and a decline of 9.9 per cent for the period April-February 2017-18 as per the latest IIP figures. Apparel manufacturing has suffered the 10th consecutive monthly decline on account of the issues which have arisen after the implementation of Goods and Services Tax (GST).
As per the IIP figures, there has been a month to month decline in apparel productivity, from a positive growth of 1.3