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COVID-19 impact: 20-25% restaurants, retailers, apparel makers to shut post COVID-19 if no assistance

Updated : April 13, 2020 03:16 PM IST

The industry expects it to take anywhere between 9-12 months before it can expect any recovery.
The manufacturing of apparels, stores, malls, and restaurants have been shut down owing to the nationwide lockdown.
In view of these challenges, the apparel, retail and hospitality industry has sought financial assistance from the government.
COVID-19 impact: 20-25% restaurants, retailers, apparel makers to shut post COVID-19 if no assistance

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