History, asked by bhavesh2448, 4 months ago

What problems weavers faced in covid situation?​

Answers

Answered by subedidivya488
0

Answer:

The crisis caused by COVID-19 has resulted in a sudden disruption of businesses across the globe and the Indian economy is not immune to this pandemic. The handloom sector has, too, been severely affected with their traditional and contemporary markets for artisans being totally closed.

The sector has experienced sudden stalling of orders as retailers themselves are closed due to the worldwide lockdown and no signs of immediate recovery as the crisis unfolds.

Cash flow has stopped, with buyers unable to make payments and no sales happening at all.

Buyers are not in a position to place new orders - in the craft sector, orders are planned much in advance as usual lead time required to complete a production cycle is 2 to 3 months.

Retail events through which artisans get cash sales may not happen for next few months.

Indian handlooms have been picking up in the “slow fashion” market internationally, but with this uncertainty, no overseas orders will be forthcoming.

Explanation:

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