Representative image A CRISIL Ratings analysis of 30 hosiery makers, accounting for a third of the industry by revenue, has indicated that the revenue of Indian hosiery makers is expected to increase 10-12% on-year this fiscal following a revival in rural demand, volume support from the export market and robust modern trade sales. The volume…
Representative image India’s home textile industry is set to stitch a 6-8% growth this fiscal year following a 9-10% rebound in revenue growth last fiscal year, a CRISIL Ratings analysis of 40 companies has indicated. These companies account for 40-45% of the industry revenue. Such a growth is anticipated on the back of resilient demand…
Representative image The organised retail apparel sector in India is projected to see 8-10 per cent revenue growth this fiscal, riding on higher demand stemming from a normal monsoon, easing inflation, festive and wedding season and increasing preference for fast fashion, a report showed on Tuesday. Retailers in the country are adjusting business strategies, enhancing…
A CRISIL Ratings analysis of 54 gold jewellery retailers, which account for 32% of the organised jewellery sector revenue released today says that organised gold jewellery retailers are set to clock 17-19% on-year revenue growth in fiscal 2025, driven by higher realisations stemming from elevated gold prices, while volume will remain steady. Retailers are likely…
Representative Image New Delhi: Revenues of Indian diamond polishers are expected to drop by 30 – 35 per cent year-on-year to USD 14-15 billion, said a recent report by Crisil Ratings. The slump in revenues is projected owing to the economic slowdown as key markets including the US, the European Union (EU), and China have…
Readymade garment manufacturers are likely to post an 8-10 per cent increase in revenue on the back of growing domestic demand and revival of exports, a report said on Friday. Domestic demand and revival in exports have been driven by lower cotton prices and easing supply-chain disruptions, the report by Crisil Ratings said. Volume growth…
New Delhi: Revenue of the home textile industry is set to rise 7-9 per cent this fiscal after a 15 per cent fall last fiscal, as India regains global share following a correction in domestic cotton prices and restocking by big-box retailers in major markets abroad, according to a Crisil report. The operating profitability will…
Representative Image New Delhi: Footwear sector revenue is expected to increase by 11 per cent, accompanied by a projected 4 per cent rise in volume according to a report by CRISIL Ratings. The operating margin is expected to grow by approximately 125 basis points to around 9 per cent due to lower raw material prices,…
Representative Image India’s jute industry is set to see revenue fall 5-6% this fiscal because of lower exports, marking the second consecutive year of decline, according to CRISIL Ratings. However, domestic demand is expected to be stable. Operating margin is seen down 200-250 basis points to 5% as exports, which are more profitable, would be…
