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Home textiles to weave 6-8% growth after rebound from last fiscal year: CRISIL Ratings – ET Retail

adminNovember 12, 202406 mins

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…

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Domestic demand, exports revival to boost readymade garment players’ revenue by 8-10 pc in FY24: Report – ET Retail

adminSeptember 29, 202304 mins

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…