Garment Manufacturers Face 40% Drop In Orders Amidst Tightened 45-Day Payment Rule For MSMEs
The ready-made garment manufacturing units in Indore have experienced a decline of over 40 per cent in orders compared to the corresponding period leading up to the peak demand season, which commences with Eid. This downturn is attributed to the 45-day timely payment obligation for Micro, Small, and Medium Enterprises (MSMEs). Starting the new financial […]