Indian Fashion Companies Invest in Coronavirus-led Innovations
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Euromonitor Podcasts
Indian Fashion Companies Invest in Coronavirus-led Innovations
Jul 16, 2020
Euromonitor International
With coronavirus and subsequent lockdowns stopping end-to-end operations in India, fashion players are facing tough times. Many companies are projected to scale down operations, since this is the only way many of them will survive. A reduced demand for fashion due to home seclusion and social distancing norms has further impacted fashion companies in the country.
 
However, consumers are now aware that living with COVID-19 is inevitable, and are seeking ways to limit exposure. This is creating new opportunities for fashion brands through innovation in fabrics - offering masks, daily wear that is virus resistant, face shields and personal protective equipment. With global and domestic players already exploring this opportunity, the upcoming months will experience innovation that can help the recovery of fashion brands in India.