In losses, industries in Punjab go into slow mode, but still nervous about work | Chandigarh News
Ashok Poplay, executive member of the Bahadurke Textile and Knitwear Association, said: “Lockdowns in different states are causing huge cancellations of orders. Ideally, we should have suspended our production, but we are compelled to continue it, because we know that if we suspend production, our workers will go slow and could return to their home countries even if we pay them wages until for production to resume. ”
The coronavirus crisis has undoubtedly put businesses and industries under stress, but there is a need to evolve and consider a long-term perspective. The workforce retention strategy is consistent with this view. Businesses can take a step forward by using the employee resource to leverage their business by reframing their business models. Unit owners should also keep employees up to date on their plans, as uncertainty could also fuel the labor drain.
“And once they come back they will come back after months and our whole season will be in jeopardy. There is already a lot of panic among workers due to possible lockdowns and the increase in Covid-19 cases. We only know how we manage to hold them back, ”he said.
Poplay said, “Markets where there is no foreclosure yet are reporting a huge drop in sales and we don’t know where to put our inventory. In addition, the silence maintained by the government on what will be the future action plan has made matters even worse. At the moment, there is nothing we can do but bear the losses and invest our money with no guarantee of return. ”
Narinder Mittal, Secretary General of Ludhiana Business Forums, said: “The situation is going from bad to worse for the garment industry. On a daily basis, new states are joining the list of imposing brakes, including lockdown, giving us a hard blow. Already with two major markets in Delhi and Maharashtra under lockdown, another major clothing-consuming state, Rajasthan, has also imposed the lockdown for a fortnight. ”
“Considering such high cancellations, the need for the hour is to stop production for a fortnight, but we cannot take this risk because once the work has started, we know that they will not come back before. months. So the best we can do now is to end overtime and only work one eight hour shift to keep our workers engaged, ”he said.
Narinder Bhamra, President of the Indian Fastener Manufacturers Association, said: “Cancellations and backorders combined with continued production despite the lack of sales has resulted in a huge amount of our capital being blocked. in finished products. If this trend continues for two to three weeks, the situation will be beyond our control as we will no longer have funds to buy commodities or even manage our expenses. ”
“We don’t know how to resolve this situation because it is unprecedented. Last year the lockout was all over India and while we were closed our dealers and buyers were also closed, but now that’s a whole different story, ”Bhamra added.