Thermal demand slumps 30%, makers slash production by up to 50% – ET Retail
Representative image. Kolkata: Demand for woollens and thermal wear have declined by 30% year on year this season mainly due to late arrival of winter, prompting knitwear makers to slash production by up to 50%. Dealers and distributors are unwilling to pick up new stocks as they are yet to offload last year’s stock, and…