Indian apparel exporters reported healthy revenue growth and profitability in the past four quarters, surpassing the pre-Covid levels, supported by strong realisations and healthy demand post the lifting of lockdown restrictions. As per the ICRA’s recent research report on Apparels & Fabrics, in Q2 FY2023 also, while exporters are expected to have recorded healthy YoY […]
Demand momentum is expected to sustain during Q2-Q4 FY2022, continuing on the trend of past three quarters Export demand has been mainly driven by the US, the largest market, accounting for ~60% share in India’s home textile exports Despite economies opening up, increased prevalence of stay-at-home options is supporting demand; institutional demand also likely to pick […]