Normal monsoon projections bring cheer to umbrella and rainwear makers

Umbrella and rainwear makers are expecting a good business this season as monsoon projections appear to be normal. 

They are also relieved at the fall in import of cheap umbrellas from China which had dented the domestic market for several years. However, till now, orders from retailers are slow due to a financial crunch in the segment and delay in the onset of monsoon.

According to industry players, India’s umbrella demand is estimated between 12 and 15 crore pieces per annum, although varied estimates are being put forward for the market size.  Almost a fifth of the umbrellas sold in