Exports of British Apparels, Handicrafts, Leather on hold

New delhi date. 23 December 2020, Wednesday

Export orders for apparels, handicrafts and leather have been put on hold by British traders in the wake of a growing lockdown in the UK over a new form of the corona virus. This will have an adverse effect on exports from India in the near future.

Traders in Corona have sent messages urgently suspending orders for apparels, handicrafts and leather products in India due to the impending lockdown in the transition to the new version of the Corona. However, there has been no adversity with regard to orders of various products for the pharma sector.

It should be noted here that Britain is a huge market for India's apparel handicrafts and leather products. According to industry ministry data, India exported નમાં 32 million to Britain last September. Of this, કરોડ 500 million was in exports of apparels and textile products. During this period, exports from India to the pharma sector stood at Rs 2.16 crore. Leather products, on the other hand, accounted for 25 million in exports.

According to exporters, orders from other European countries are likely to be suspended as stricter rules are enforced in Britain and other European countries. With the lockdown taking place in various countries, the celebration of Christmas will now be fading. New purchases will also be punctuated.

Thus, the suspension of export orders of various items by British traders has cost exporters Rs. More than Rs 200 crore is expected to be lost. Pharma exporters said that in the new phase of transition in Britain, cargo flights are still operating and demand for pharma products is bound to increase at this critical time. Therefore, there is no possibility of any adverse effect on exports from this sector.